Construction Costs
The total cost of the new Hostel project is estimated to be approximately Rs. 28.5 million (Rs. 2.85 crores) or US$ 594,000 (at US$1=Indian Rupees 48) inclusive of furnishings etc.
UWAB has received approval for a grant of Rs. 4.6 million (Rs. 46 lakhs) or US$96,000 (at US$1=Indian Rupees 48) from the Government of India and has received two installments amounting to Rs. 27 lakhs.
An additional Rs. 3.5 million (Rs. 35 lakh) or US$73,000 has been raised from other sources (State govt grant, MPLADS fund, donations from well-wishers and other funds).
We still need to raise Rs. 20.4 million (Rs. 2.04 cores) to finish the building and furnish it suitably.
Fundraising for Second UWAB Working Women Hostel, Bangalore, India
(All costs in US$ are estimated at US$1=Indian Rupees 48) Cost of Construction: Rs. 28.5 million (Rs. 2.85 crores) or US$ 594,000
Raised Thus Far: Rs. 8.1 million (Rs. 81 lakhs) or US$169,000
Still to Raise: Rs. 20.4 million (Rs. 2.04 crores) or US$425,000