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  3. /CONSTRUCTION OF RESIDENTIAL TOWERS AT BIOM KIRANDU
SteelIPM · Central Project#709827

CONSTRUCTION OF RESIDENTIAL TOWERS AT BIOM KIRANDUL COMPLEX

Ministry of SteelChhattisgarhData: 2026-02
Revised Cost: ₹350 CrUtilization: 93.4%

Original Cost

₹350 Cr

Baseline estimate

On Budget

Revised Cost

₹350 Cr

Latest approved cost

Expenditure

₹327 Cr

Spent to date

Utilization

93.4%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹23 Cr

Budget left

Budget Utilization

93.4%
0%25%50%75%100%

Spent

₹327 Cr

Remaining

₹23 Cr

Total

₹350 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/12/2025

Revised Completion

28/02/2026

Completed

Project Details

Project Code709827
SectorSteel
MinistryMinistry of Steel
StateChhattisgarh
Data Month2026-02

Financial & Timeline

Original Cost₹350 Cr
Revised Cost₹350 Cr
Expenditure₹327 Cr
Original End Date31/12/2025
Revised Date28/02/2026

Project Intelligence

Project is within original budget of ₹350 Cr — no cost escalation recorded.

Expenditure stands at ₹327 Cr, which is 93.4% of the revised project cost.

Remaining budget: ₹23 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Steel. Ministry: Ministry of Steel.

Frequently Asked Questions

What is IPM project "CONSTRUCTION OF RESIDENTIAL TOWERS AT BIOM KIRANDUL COMPLEX"?
CONSTRUCTION OF RESIDENTIAL TOWERS AT BIOM KIRANDUL COMPLEX is a centrally-funded infrastructure project under the Ministry of Steel, tracked through the Investment Project Monitoring (IPM) system. Sector: Steel. State: Chhattisgarh. Original cost: ₹350 Cr.
What is the cost overrun for this Bihar IPM project?
The original cost of ₹350 Cr has not been significantly revised. Expenditure: ₹327 Cr (93.4% of cost). Data as of 2026-02.
Which ministry is responsible for this project?
CONSTRUCTION OF RESIDENTIAL TOWERS AT BIOM KIRANDUL COMPLEX is under the Ministry of Steel in the Steel sector. Project code: 709827. 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. CONSTRUCTION OF RESIDENTIAL TOWERS AT BIOM KIRANDUL COMPLEX is one of several Bihar projects tracked under the Steel sector on the IPM system.

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