As the British Government looked to develop the suburbs into residential settlements, it seemed imminent that the Catholics of Bandra would end up selling their lands to rich outsiders. This was disturbing to the Accountant General of Bombay Presidency Francis Anthony Cyril Rebello popularly known as FAC Rebello, who was deeply concerned about the welfare of the Catholic community.
To ensure that the lands were kept within the community, FAC Rebello convinced its owners not to sell their properties but rather become shareholders and tenants in common. A strong believer in the co-operative movements, he founded The Salsette Catholic Cooperative Housing Society in 1918 with the objective to acquire suitable plots of land for residential homes with the necessary amenities.