VR South Asia

Asset Profile – VR Punjab

Private & Confidential

Connecting Communities ©
India’s leading developer-owner-operator of premium, community-oriented lifestyle destinations

14 M 2,000+ 1,100+ Amritsar

sq ft BUA Brands Employees

Chandigarh

• Founded in 2007 as an India-focused retail platform Delhi NCR

• Institutionally-owned, owner-operator-developer of premium, community-

oriented lifestyle destinations

• 14 mm sq ft BUA across 9 flagship centres, with robust acquisition pipeline and

significant expansions planned across exiting assets Surat

Nagpur
• 2,000+ brands across shopping, dining, and entertainment, complementing
curated in-house brands across flexible working, sports & wellness, F&B, leisure
and rental living. Mumbai

• 1100+ employees across the value chain, working from offices in Singapore,
Bengaluru, Delhi NCR and Mumbai, and the eight community destinations Bengaluru
Operational
Assets

Chennai
U/C Assets

35+ mm footfall 1+ mm social ₹77 bn annual sales

across operational media followers by
centers and growing FY2026
 EVOLUTION OF VR

2015
CONNECTING THE PAST TO THE
2018
BRINGING BHANGRA TO
2019
WELCOMING THE MARATHA
2026
ADDING TO OUR EVOCATIVE
FUTURE: THE VR FAMILY: FEEL: LEGACY:
VR BENGALURU VR PUNJAB VR NAGPUR VR KONKAN

An integrated lifestyle hub taking An ensemble of Punjabi VR’s latest offering - an ode to A cutting edge, mixed-use
cues from Bengaluru’s Anglo culture alongside superior Nagpur’s unique festivals and transit-oriented mega
Indian past to design innovative, lifestyle offerings provided in culture, wrapped in a premium, development offering for the
community-centric infrastructure a 2 0 acre campus, sitting at high-quality development. most fast paced city of India.
that caters to the needs of the intersection of 3 states.
today’s urban residents.

2013
THE STEPPING STONE OF
2018
LINKING HERITAGE WIT H
2019
CONTINUING THE BALLE
2025
WELCOMING THE NAWABI
OUR PORTFOLIO: MODERN, CURATED CONCEPTS: SPIRIT: CULTURE:
VR SURAT VR CHENNAI VR AMBARSAR VR METROPOLITAN

Inspired by the Surati way A design-oriented, mixed-use A contemporary mixed-use An urban, community-centric
of life - VR’s first community community centre reflecting the development promoting the rich development deploying royal
centre represents Surat’s temples of South India, through heritage and history of the Holy architecture as a tribute to Delhi’s
history, lifestyle and culture, meticulously created sculptures, City, through traditional art and long history, cosmopolitan culture
using art and sculptures. murals and art. cultural events. and unique ecology.
VR South Asia: Our Unique Approach
Continuing to create new social hubs for the urban Indian consumer through our differentiated approach

Master Operator
Umbrella platform with 14-year experience creating and operating integrated lifestyle destinations spanning shopping, dining,
entertainment, flexible working, rental living and hospitality, including multiple in-house concepts

Foodbox, a tech-enabled F&B platform

Connecting Communities ©
Vibrant hubs for community-centric events, actively programmed to celebrate
local & regional festivals, foster inclusion and diversity, and encourage civic
pride & collaboration
Celebrating local festivals at VR Centres

Art of Placemaking
Design-oriented centers with unique identities reflecting local culture and heritage, creating new urban public spaces and
enhancing the overall brand image of their respective cities

Culturally-inspired design & spaces

 VR PUNJAB
START OF OPERATIONS: 2014
ACQUIRED BY VRSA: 2017

NH5, Chandigarh Tricity

VR Punjab
BUA: 2 million sq ft

Shopping, Dining & Entertainment

Community & Events Spaces

Additional Uses under Planning:

Leisure, F&B & MICE

Rental Living

Healthcare
Chandigarh Tricity’s Largest
Community Centre
VR Punjab is strategically located in Chandigarh Tricity, which
sits at the intersection of the three states - Punjab, Haryana &
Himachal Pradesh. Spread over 20 acres, the campus Catchment Areas Included

comprises large indoor and outdoor spaces used for

TDI city, Connaught plaza, Casa Espana, Triangle
activation. The center incorporates local, cultural and Primary Catchment A (0 – 5km) market, Gilco park hills
heritage elements across its design language and is an
active contributor towards community engagement. Since its Phase 3b2 market, phase- 5 market, sunny enclave, Gillco valley,
Homeland heights, Falcon view, Sector 82 market, Hero homes (sector
Primary Catchment B (5 – 10km)
acquisition, there are ongoing plans to incorporate 88)

additional community uses at this large lifestyle center.

Morinda, Kurali, Zirakpur, Nabha, Panchkula ( city in
Secondary Catchment radius of 15 to 30 km), Banur, Landran
 North India's Largest Organized Retail Destination

VR Punjab Highlights
✓ Integrated lifestyle destination.
✓ H&M Flagship store spread across 30k sq ft . 9 screen PVR multiplex including 2 Gold
VR PUNJAB: OVERVIEW

Class theatres, Funcity and Fun Zones

✓ Extensive F&B offering including a food court and specialty restaurants

Development Highlights

Opening 2019 (Acquired by VR)

Location NH 21, Mohali
Location Pin https://maps.app.goo.gl/YneteT2
ASwxta3Xa7
Land Area 21.6 acres
Leasable Area 1million sq ft
Sales >INR 2 Billion per annum
Footfall >3 Million per annum
Key Anchors & Prominent Brands
Heads Particulars
Format / Brand Name Cosmetics & personal care / Colorsqueen
Shop No. Kiosk
Floor Level* Upper Ground Floor (Near Coverstory/Only).

Carpet Area (SF) 8*8 /64 SQFT (In UGF)

Super Built-up Area (SBA) NA

Minimum Guaranteed Rent on SBA INR 90,000 plus taxes
Revenue Share % NA
Revenue Share Reconciliation NA
Security Deposit 3 Months MG
Rent Escalation NA
SD Escalation NA
Lease Period (Term) 11 months
Lock-in 11 months
Fit out Period (Notice Period + Actual Fit out Period) 30 days
Fit out Deposit NA
Fit out Charges NA
Utilities Actuals
Property Tax (Present & Future) NA
Stamp duty & Lease registration charges To be borne as per lessee
 Upper Ground Floor
Proposed area for Kiosk – Colorsqueen
Carpet Area : 8*8 (64 SQFT)

1263 sqft
G-64
G-69 G 76

602 sqft
G-68A

G-74A

602 sqft
532 sqft
G 62 G 63

G-68
G-61 714

G-74A
sqft
536
497 sqft
23,611 sqft

G 67A
775 sqft 1642 sqft 2124 sqft
G 57-60 |10,800 sqft sqft G 70-73 |9,270 sqft
G 77B
764 sqft

G-89
GOURMET
450 sft GARH
(POP-UP)

G HM G-89A
441 sft
G 88
915 sqft
G-87
956 sft
G-86
892 sft 2,342 sqft
G 82 G 81 G 80 G-79
924 sqft 924 sqft 924 sqft 924 SFT.
27,577 sft

G 90A

URBAN THEKA
428 sft

(POP-UP)
G-30 G-31 G-36 G-95 G 99
G 20 886 sft 893 sft 892 sqft
G 92
907 902 sqft 903 sqft
G-100,101
1815 SFT.
1826 SFT.

ZOHE

OUD
12,325 sqft

RAT
sqft

G-01A
1267 sft

976 sft

481 sft
G-09
G 16 G 12 845 sft
1,360 sqft 2758 sqft

G 17-19 |6,690 sqft

G 02-03
4,968 sqft

A
Date of
n
Prepara c
h
G 14-15 FASHION - APPAREL
tion
o
E Stairc Fire Passenger Service Female Male
2nd r
s ase Exit Elevator Elevator Toilet Toilet 22,429 sqft HOME & SPECIALTY
s
c Stairs
Nov M
a
i
l
FOOTWEAR
2019 n
a
i
t
A
o
SPORTING GOODS & FITNESS
n
c r
h s BEAUTY & COSMETICS
o G 10-11
r 31,682 sqft
R F&B - CAFE, RESTAURANT
e
t
a VACANT
i
l
I
n
l
i
n
e
s
F
&
B
S
Disclaimer

• This presentation has been prepared by VR South Asia solely for informational purposes for specific
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• The information contained herein does not purport to be all-inclusive or to contain all of the information that
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• This presentation includes certain statements and estimates with respect to the projected future
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• This presentation may contain forward looking statements that are not historical facts and are subject to
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