Conditions for the establishment of the University

(1) The Sponsor Trust shall for the purposes of establishing the university under the Act shall fulfill the following conditions, namely- (a) The University possesses minimum 10 acres contiguous land for the University ; (b) Building constructed on land mentioned in clause (a) is minimum 20,000 sqm carpet area in which at least 50 percent, shall be for acedemic and adminstrative purposes; (c) Install equipments in offices and laboratories of the building as specified in clause (b) worth a minimum rupees seven crore; (d) The Sponsor body shall make available to the State Government environmental clearance obtained as per rules from the Government of India; (e) The university shall establish a permanent endowment fund in the name of the State Government under Section 46.