Due to the hard work and dedication of the staff, Bal Bharati Vidyamandir established its own credential and reputation in the academic, sports as well as other co-curricular activities. Shetye was little bit worried about the future of the school because of his ageing and wanted to handover the school to professionally managed educational body and he approached late Shri T. Ramesh U Pai, the Architect of the modern Manipal who assured him all the help and support and in 1998, the school was ceremoniously handed over to the Manipal Academy of Health & Education (MAHE) and his decision proved to be extremely wise since over the years the MAHE has invested around Rs one crore for the construction of the independent buildings for Pre-primary School, Primary School, Independent hall, Audio-Visual Room, Resource Room, development of Playground for which Shetye made available his additional piece of prime land around 7,000.00 sq mts at a very reasonable amount to MAHE. The Bal Bhavan, Goa has also established its centre in the school which provides opportunities for the students to learn art, craft, music, drawing, painting, theater art, classical dances, clay modeling, etc.