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. Not content with just that and bolstered with the arrival of his youngest brother V.G.Selvaraj in 1960.
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.