BUILDING COST FOR WORKING WOMEN’S HOSTEL PROJECT
AT HAL III STAGE, THIPPASANDRA, BANGALORE
A.Cost of Building calculated as follows:
Builtup Area of Proposed construction 1450 sq metres (approx)
Estimated cost of building @ Rs.13000/sq mt Rs.185 lakhs
Cost of fittings, furnishings, lift, etc Rs.100 lakhs
Total Estimated Cost Rs.285 lakhs
B.Sources of funds :
Grant-in-Aid from Women & Child Dept, GOI Rs.46.13 lakhs
Contribution from WCD, State Govt Rs 7.00 lakhs
From MPLADS (Dr.K.Kasturirangan, Rs.25.00 lakhs
Former MP, now member Planning Commn)
Funds raised by UWA at fundraising event and Rs. 6.00 lakhs
donations from well-wishers
Biocon Foundation/Kiran Mazumdar Shaw Rs. 10.00 lakhs
Total Funds Assured Rs.94.13 lakhs
Funds still required to be raised A-B Rs. 191 lakhs
Note:
UWA has invested approximately Rs.20 lakhs in the cost of leasehold land at HAL III Stage , Plan Sanction Fees, PWD fees , Bank interest and other related costs (not included in the amount of Rs.285 lakhs above), from own funds, and donations received from well-wishers.