EducationIPM · Central Project +288.1% Overrun#612203

Academic Block 1 & 2

Department of Higher EducationMaharashtraData: 2025-10

Revised Cost: ₹264 CrUtilization: 10.4%Overrun: +₹196 Cr

Original Cost

₹68 Cr

Baseline estimate

+288%

Revised Cost

₹264 Cr

Latest approved cost

Expenditure

₹27 Cr

Spent to date

Utilization

10.4%

Of revised budget

Escalated

Cost Status

+288.1%

+₹196 Cr increase

Remaining

₹237 Cr

Budget left

Budget Utilization

10.4%

0%25%50%75%100%

Spent

₹27 Cr

Remaining

₹237 Cr

Total

₹264 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹68 Cr

Revised Cost

₹264 Cr

Increase

+₹196 Cr

Escalation

+288.1%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/07/2026

Revised Completion

31/03/2027

Completed

Project Details

Project Code612203

SectorEducation

MinistryDepartment of Higher Education

StateMaharashtra

Data Month2025-10

Financial & Timeline

Original Cost₹68 Cr

Revised Cost₹264 Cr

Expenditure₹27 Cr

Original End Date31/07/2026

Revised Date31/03/2027

Project Intelligence

Cost has increased by ₹196 Cr (288.1%) from the original estimate of ₹68 Cr.

Expenditure stands at ₹27 Cr, which is 10.4% of the revised project cost.

Remaining budget: ₹237 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Education. Ministry: Department of Higher Education.

Frequently Asked Questions

What is IPM project "Academic Block 1 & 2"?: Academic Block 1 & 2 is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Maharashtra. Original cost: ₹68 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹68 Cr and has been revised to ₹264 Cr — a cost overrun of +288.1%. Expenditure to date: ₹27 Cr (10.4% of revised cost). Data as of 2025-10.
Which ministry is responsible for this project?: Academic Block 1 & 2 is under the Department of Higher Education in the Education sector. Project code: 612203. Bihar is one of the states tracked under the central IPM dashboard for this project.
What is the IPM dashboard and what does it track?: The Investment Project Monitoring (IPM) dashboard, maintained by DPIIT (Department for Promotion of Industry and Internal Trade), tracks centrally-funded infrastructure projects worth ₹150 Crore and above. Academic Block 1 & 2 is one of several Bihar projects tracked under the Education sector on the IPM system.

Frequently Asked Questions

What is IPM project "Academic Block 1 & 2"?

Academic Block 1 & 2 is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Maharashtra. Original cost: ₹68 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹68 Cr and has been revised to ₹264 Cr — a cost overrun of +288.1%. Expenditure to date: ₹27 Cr (10.4% of revised cost). Data as of 2025-10.

Which ministry is responsible for this project?

Academic Block 1 & 2 is under the Department of Higher Education in the Education sector. Project code: 612203. Bihar is one of the states tracked under the central IPM dashboard for this project.

What is the IPM dashboard and what does it track?

The Investment Project Monitoring (IPM) dashboard, maintained by DPIIT (Department for Promotion of Industry and Internal Trade), tracks centrally-funded infrastructure projects worth ₹150 Crore and above. Academic Block 1 & 2 is one of several Bihar projects tracked under the Education sector on the IPM system.