The SBI (Delhi Branches) Co-operative Group House Society Ltd. was registered under the Delhi Cooperative Society Act 1972 and was allotted registration no 529 (GH) on 01/02/1980. After the allotment of land , measuring 1.45 acres by DDA , the society started construction of a residential complex at plot no 19 , Budella , Phase –II , Vikaspuri , Delhi 110018. M/s Garg & Associate were architect and M/s Manchanda & Manchanda were builders to the society. The Society has 77- A category and 10 – B category flats.

On completion of the project, the flats were allotted to the members in the draw of lot conducted by DDA and the officials of Registrar Co-operative Society on 12/03/2003

The society is run by a duly elected Managing Committee.