About Wellfare The Wellfare group is a conglomerate of companies & services, setup in the year 1999 as a Pvt. Ltd. Company, having its corporate office in the port city on Bay of Bengal in the East coast of India, the captivating valley of Visakhapatnam. Reg No : 163595 and companies act 1956 It all started with a capital amount of Rs.10 million. In less than a year the group companies have grown leaps & bounds in to a corporate giant. The statistics speaks about it. The group companies are the brainchild of a brilliant & dynamic entrepreneurship abilities of Mr. M. Vijay Prasad. The group is in the service of different strata of the society delivering its duties most efficiently by its two strong arms The Wellfare took its first step with the commencement of Farmland development around the greeneries of Visakha Valley, as it's first venture to grow into a group. The Wellfare took its next step into Resorts & Constructions to form the conglomerate of companies - "The WellFare Group".
The professional acumen combined with High performance cerebrums is the key factor in the group's 250 crore assets and 300 crore turnover with a small beginning at 1 crore - not a small achievement! The result of the Brilliant entrepreneurial flair and far sight of the promoter and their 4,50,000 strong marketing team & 50 Lakh Beloved Customers. The secret of the phenomenal success "Wellfare group"!
The Wellfare endeavours to promote a lasting alliance with the society based on a strong foundation of commitment and conviction that shall continue to generate confidence in its services. The objectives are Achieved by a dedicated & altruistic service to the community.
The strong, dedicated, enthusiastic, visionistic successful team gave the valour to the man at the helm to: Expand its social responsibilities of providing shelter, recreation for prosperous & productive lives of their brethren by more innovative ventures & schemes to suite everyone's taste & needs. Plan voyage from inland to the global arena.
Shelter is what one of the most fundamental & important factor among the three basic needs of life viz. food, cloth & shelter. Every person has an ultimate dream of owning a house. But due to many reasons & constraints, it became very difficult for a common man to think of a home. The cost of the land, material & man has become so high, especially in urban areas that a common man only can dream about a home but not afford one. Comprehending the needs of a common man & to realize his dreams, a young man with fervour to serve the society in a novel way, has conceived the idea to set up a socially responsible organization which would be committed in providing a shelter to all & bequeath a differential life to build a strong, healthy & affluent society. Thus took birth "The Wellfare". Each day The Wellfare group wakes with a new sun, bright ideas & a new feather to its cap. Presently it is occupied with delivering the following services through its two main branches, Real Estate : Procuring & developing land creating infrastructure for building shelters to realize "Home for All" - national priority. Construction : The group is continuously working towards developing prosperous, ambient, healthy & peaceful "homes" in the land procured & developed by the Real Estate Division of the Group. Farm land Development : Shelter alone cannot be focussed. We need farmlands to produce for our needs, protect the environment as well. The Wellfare farmland development division launched on this need and has developed 1000 hectares of farmland thus utilizing the barren lands and converting them into greeneries egging on to the increase in national farmland productivity. Resorts : "All work & no Play makes Jack a dull boy !!". We all need to rejuvenate ourselves from the humdrum life. To cater the needs of the working & business class apart from the rich, The Group has ventured in setting up Resorts located at different pockets of nature, in traditional & cultural backdrop of our rich heritage.