About Us

Bangalore is called the Silicon Valley of India for a reason. With Karnataka alone employing over 10 lakh and 30 lakh people in the IT and ITES sector, we have huge numbers of people migrating to the city and willing to settle down in the once known Pensioners Paradise or Garden City.

Society, is a membership based housing service that is open to anyone employed in the IT or ITES sector. A group of veterans and senior employees (SVPs/VPs) from top IT companies and MNCs have come together to form a Housing and House building Co-operative Society specifically designed for IT and ITES sector for the overall benefit and to take care of housing needs of IT and ITES employees, Ex-Employees & their families. Society is the ideal place for those in the industry and looking at settling in Karnataka with family. It provides an opportunity for people to be proud owners of a property at 15% to 25% lower price than prevailing market rate.

This is a non-profit organization with 13 directors from top IT companies with the sole intent to provide affordable housing (land/ plots/ flats/ row-houses/ villas) at almost 15% to 25% lower than the market price. This is a Karnataka government registered and regulated society following the society norms and by-laws from the Government of Karnataka. IT and ITES House Building Co-operative Society was established in the year 2018 and has been registered with the Dy. Registrar of co-operative societies, Govt. of Karnataka, Bangalore

Join Society at a minimum cost of 1440 INR (Rs. 1000/- being towards share capital and a fixed amount of only Rs. 440/- towards Administration and other fees. There is no limit on number of shares one can buy) for a one time Membership. The Memberships are on a first cum first serve basis. Membership fees included the share capital, application form fees, affidavit as required, and the processing cum administration charges, there by every members will have one share in the society at minimum. Any profits made by the Society which is limited to maximum of 1% will be equally distributed based on number of shares held to its members as dividend.

Activities of the Society is overseen by Deputy Registrar of Co-operative Societies, Govt. of Karnataka, Bangalore to ensure that you not only get a property but it also becomes a safe way of investment where the investor incurs no loss. Society is a non-profit organization. You’re always in a win-win situation with Society.