Heck, I'd do this the analogue way because it's easier and cheaper: a VCO connected to a speaker or piezo buzzer, could monitor the voltage and increase the frequency of the tone or pulsed tone as the object is approaching. Don't bother with an expensive VCO IC, it's easy to make one from a couple of op-amps.
i am b.tech third year student and i have been given a project to develop a walking stick for the blind using piezoelectric sensors.could you please guide me along these lines and also suggest some references which can guide me from the grass root level.