Country Condos Ltd was originally incorporated as a Private Limited Company under the name and style of M/s. Neocure Therapeutics Private Limited on 25th day of September, 1987 in the State of Andhra Pradesh. Subsequently, the Company was converted in to Public Limited Company on 22nd day of August, 1988..

The Company was incorporated with an object to manufacture and sell Pharmaceuticals and formulations. Company had commenced its commercial operations in the year 1987. In order to meet the financial needs to expand the existing business and to add few more products the Company went to public in the year 1995-96 and raised capital from public. In view of encouraging measures taken by the Central Government to boost up the industry and economic conditions prevailing in the Country, Board had decided to diversify, inter-alia, into Business in india and abroad of hotels, resorts, boarding and lodging houses, guest houses, holiday homes, condos, health resorts, health clubs activity in the year 1997.