New Project

On 12th Oct. the Governing body of the Pratishthana met and took a final decision regarding the construction of a new building hosting a Library, Guest House and Audio-Visual Hall.
Considering the major resources at the hands of the Pratishthana it is decided to complete this project in stages. I am enclosing the proposal received from the architects and of these the one regarding hexagonal building has been accepted. As the details mentioned therein show the first stage (library) will require about Rs. 15 lacs; and the project including guest rooms will cost works out to about Rs. 25 lacs. The construction of an audio-visual hall on 2nd floor would require an additional amount of Rs. 10 lacs. The details are as follows:
Proposal: Hexagonal Structure-

Sr.No. Location Description Area Basic Cost Amount Rs
1Ground Floor Parking1800 sqft225/-   5,00,000/-
2First Floor Library1800 sqft550/-   9,90,000/-
3 Second Floor Guest rooms 1800 sqft 550/-   9,90,000/-
4Third Floor AV hall 1800 sqft 550/-  9,90,000/-
34,70,000/-

10 lacs would at the present conversion rate mean $25,000/-.
We are all putting in our best efforts to raise money locally as well as through our students and well wishers working in USA and hope to receive a good response to our campaign.

Cheques may please be drawn in favor of Bhaskaracharya Pratishthana. We have been fortunate in securing 80-G from Income Tax authorities, India and to that extent donors will also benefit, from their donations.

Also the donors in US are requested to send the donations through ARSI. This will give them tax benefit in US.

C. S. Inamdar
(Custodian Bhaskaracharya Pratishthana, Pune)