Updated on: Tuesday, June 14, 2011
The Indian Institute of Human Settlements, the country's first university dedicated exclusively for studies on urban affairs, will construct its mother campus here at a cost of over 200 crores.
It would come up on 58 acres at Kengeri on the city outskirts with a built-up area of about five lakh square feet, at a cost of Rs 225 crore to Rs 250 crore, the first executive head of the new private university, Aromar Revi, said.
People behind the project said work on planning had started for the first phase of the campus.
IIHS is the creation of a group of leading entrepreneurs, intellectuals and professionals including Nandan Nilekani, Shirish Patel, Rakesh Mohan, Deepak Parekh, Vijay Kelkar and Jamshyd Godrej, among others.
"IIHS has initiated a process of faculty mobilisation for its Masters in Urban Practice (MUP) programme which is slated to commence in Bangalore in July 2012, following anticipated regulatory clearances from the Ministry of Human Resource
Development", Revi said.
"The 100-member faculty of international renowned professionals will be domestically and internationally recruited over the next few years", he said.
On funding for the University, he said the group had put in funds, while the Union government, professionals and corporates would also be approached for resources.