SBI Staff Brindavan Housing Co-operative Society Ltd was formed in the year 1986 (12.09.1986), Sri B. Vijaya Bhaskar Shetty was the founder of the society, With great efforts he formed the first layout in the year 1992 at Lingadevara Koppalu (Village) Yelwala Gram Panchayat, Mysore.

Mr. M G JAYAPRASAD the present President revived the society in the year 2010 and expanded the area of operation to the entire Karnataka State, from then on the President, Secretary and Board of Directors struggled and worked hard to identify a land keeping in mind the cost effectiveness, nearly after 7years they succeeded in identifying a large land bank in Chikkaballapur which is proposed to be the Satellite city, with the help of Lotus Value, a leading land developer, the society under the President Mr. M G JAYAPRASAD has succeeded in making State Bank e-Township a reality.