The History VGP Housing is nothing but the history of VG Panneer Das, a pioneer in several creative ventures. A poor Christian from a remote village called Azhagappa Puram near Valliyur in Tirunelvelli District , Tamil Nadu and worked as a Assistant in a Ration Shop in Saidapet, Chennai. He worked hard, with head and heart, and soon established his own tea shop in 1954 besides News paper vending along with his younger brother VG Santhosam.
In 1955, he opened a shop selling items such as alarm clocks, watches and wall clocks. He was the pioneer in South India to introduce Hire Purchase for everyday goods. He built the VGP company from virtually nothing to its present status as a group of companies including retail, real estate and property development, resorts and amusement parks.
He pioneered the idea of “Buy now… pay later” A concept unheard in those days. The organization which he founded has been a remarkable success during the last five and half decades. He was an exemplary citizen of India, with the interest of the employees and compassion for the poor. The rest is history.
The Philosophy of VGP Housing is deeply anchored in the vision of the founder of VGP Group, Mr VG Pannerdas.
The first foray into Reality business was in Feb 1972 with the forming of Layout in the name of VGP Veerabhadra Nagar, Near Medavakkam on the Vellacherry –Tambaram road. The Layout was neatly laid out and sold out in no time under the Mr Pannerdas’s philosophy of reaching out to the common man. Under “Shelter for everyone”. He introduced the concept “Take possession and pay later”.
This was a pioneering concept introduced by Mr VG Paneerdas. Our Founder’s philosophy was not only related to “ Everything for everyone” but also underlined his desire to create space for the growth of our Culture and to nurture the value and traditions of its. VGP Housing stands on this strong philosophical edifice.
Chevalier, Kalai Mamani, Dr VG Santhosam
brother of the Founder.Respected for his long contribution to commerce and industry, social services, inter-religious harmony, world peace, language and literature development. A multidimensional personality.
Eldest Son of the Founder. A keen marketing enthusiast,he is instrumental in bringing the latest technologies and in planing and developing wholesome entairnment at the VGP Universal Kingdom
A project specialist and management buff. A stickler for methods & processes. Always active and is always on the lookout to expand the company’s business.
Known for his creative ideas and dynamic work execution. Excels in project implementation and in infusing a better work culture.
VGP Groups – A Golden Jubilee Enterprise, is
- A reputed Business House, known for over 56 years
- A Brand Image well entrenched in the public mind and is a house hold name.
- Based on solid foundations leading to – Pioneering Endeavour and Innovative practices.
- An Asset Rich Group of Companies.
- A Citadel of Trust
- Humble beginnings to Heights of Achievements.
The rise of VGP on the Business horizon is a true story. It is the story of VG Panneerdas, a village boy born to poor parents in a remote place. The boy, when 12, unable to bear the burden of his parents, gathered his wits and set out for Chennai, fired by imagination and dreams in his heart. His is a profile in courage, of dedication, of sheer will, of smart, innovative thinking, of high ideals and goals he set for himself. He set up his first shop in 1955 to sell alarm clocks, wall clocks, radios and cycles. He pioneered the concept of “Buy Now, Pay Later” concept, which is such a rage now as “Hire Purchase”. He believed in people and they made him what he was – a legend.
The rest is history. Today the legend has left a rich niche being followed by a drive and dynamism by his brother, Dr. VG Santhosam, sons and the entire VGP family.
It practices – Three (3) important Business Principles.
- People First.
- Process Next.
- Profit Thrust.
The Vision Statement
Yet another important Business Slogan of VGP is ”Everything for Every One”
VGP Corporate has a wide spectrum of Business interests in-
- Retailing of Consumer Electronics, Garments, Furniture, Gift articles etc.
- Real Estate & Property Development.
- Township Development.
- VGP Beach Resort.
- VGP Universal Kingdom (Amusement Park)
- VGP Snow Kingdom.
Besides VGP Group is socially and religiously conscious. It runs –
- A Matriculation School.
- VGP Parijatham Trust.