The Shanti Rakshak Co-operative Housing Society Limited was originally formed by 11 founding members with the objective of creating a residential project for police personnel. These 11 individuals submitted an application for registration, following due legal process. The society was officially registered on 16th July 1979 under Registration No. PNA/HSG/1399/79, with its registered office located at Survey No. 191/A, Yerawada, Pune. Over time, the membership of the society was expanded by adding new members in accordance with the provisions of the Maharashtra Co-operative Societies Act.

The Government of Maharashtra, by Government Resolution No. LND-3471/22444-CR-388/G-5 dated 07/03/1979, approved the allotment of a portion of government land from Survey No. 191-A in Yerawada. This included 12 acres 9 gunthas and an additional 8 acres 4 gunthas earmarked for housing development. The Government directed the Pune Housing and Area Development Board to hand over 12 acres 9 gunthas of this land to Shanti Rakshak Sahakari Griha Rachana Sanstha (Maryadit), located at 66 P-Block, Police Nagar, Shivajinagar, Pune – 411005.