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Target: ₹ 5,00,00,000 ($ 625000)
Raised: ₹ 0 ($ 0)
No. of Donors : 0
Completion Date: 31st December 2022
Description:
Hostels are the places where students spend a substantial portion of their time spent on campus. This is the place where the learnings of life are gained by students. Hostels need constant improvements over a period to keep the infrastructure in line with the day's development and provide accommodation commensurate with times. The endowment amount required for the naming of the infrastructure is Rs. 5 Cr ($ 700,000). The returns arising out of the endowment will be utilized in periodic improvement of the hostel facilities over and above the regular maintenance.
Naming the Hostel by the donor:
- Donors can name the hostel infrastructure as per their wish.
- The donor shall ensure that the proposed name is enhancing the reputation of the institute and not damaging the reputation/dignity of the Institute.
- The returns of the endowment are subject to varying yields over time. Hence, IIT Hyderabad may reach out to the donor for a suitable top-up at a future date if the need arises.
- Periodic updates on the fund utilization (if applicable) can be possible based on mutual conveniences.
- Individual rooms, wings of a hostel, and the entire hostel are available for naming rights.
- The cost of naming can be worked out accordingly.
Validity of the naming right:
The naming right will be for a period of 10 years' subject to extension on additional top-up contributions to sustain the infrastructure. This will be based on mutual agreements.
Benefits to the donor:
An opportunity to be associated with your hostel and leave a legacy for the future.