Urban Public TransportIPM · Central Project +61.1% overrun#702637

Mumbai Metro Line 3

Ministry of Housing & Urban AffairsMaharashtra
Revised Cost: ₹37.3K CrUtilization: 96.5%Overrun: +₹14.1K Cr

Original Cost

₹23.1K Cr

Baseline estimate

+61% overrun

Revised Cost

₹37.3K Cr

Latest approved cost

Expenditure

₹36.0K Cr

Spent to date

Utilization

96.5%

Of revised budget

Escalated

Cost Status

+61.1%

+₹14.1K Cr increase

Remaining

₹1316 Cr

Budget left

Budget Utilization

96.5%
0%25%50%75%100%

Spent

₹36.0K Cr

Remaining

₹1316 Cr

Total

₹37.3K Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹23.1K Cr

Revised Cost

₹37.3K Cr

Increase

+₹14.1K Cr

Escalation

+61.1%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/03/2023

Revised Completion

31/08/2025

Completed

Project Details

Project Code702637
SectorUrban Public Transport
MinistryMinistry of Housing & Urban Affairs
StateMaharashtra
Data Month2026-07

Financial Summary

Original Cost₹23.1K Cr
Revised Cost₹37.3K Cr
Expenditure₹36.0K Cr
Original End Date31/03/2023
Revised Date31/08/2025

Project Intelligence

Mega infrastructure project worth ₹37.3K Cr — among the largest central projects in Maharashtra.

Cost has increased by ₹14.1K Cr (61.1%) from the original estimate of ₹23.1K Cr.

Expenditure stands at ₹36.0K Cr, which is 96.5% of the revised project cost.

Remaining budget: ₹1316 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Urban Public Transport. Ministry: Ministry of Housing & Urban Affairs.

Mumbai Metro Line 3 is a centrally-funded infrastructure project under Ministry of Housing & Urban Affairs, in the Urban Public Transport sector. The original approved cost is ₹23136.00 Cr, later revised to ₹37276.00 Cr.

This project is tracked under the Investment Project Monitoring (IPM) system maintained by DPIIT. Other central projects in the same sector are listed below.

?

Frequently Asked Questions

QWhat is IPM project "Mumbai Metro Line 3"?
Mumbai Metro Line 3 is a centrally-funded infrastructure project under the Ministry of Housing & Urban Affairs, tracked through the Investment Project Monitoring (IPM) system. Sector: Urban Public Transport. State: Maharashtra. Original cost: ₹23136 Cr.
QWhat is the cost overrun for this Bihar IPM project?
The original cost was ₹23136 Cr and has been revised to ₹37276 Cr — a cost overrun of +61.1%. Expenditure to date: ₹35960 Cr (96.5% of revised cost). Data as of 2026-07.
QWhich ministry is responsible for this project?
Mumbai Metro Line 3 is under the Ministry of Housing & Urban Affairs in the Urban Public Transport sector. Project code: 702637. Bihar is one of the states tracked under the central IPM dashboard for this project.
QWhat 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. Mumbai Metro Line 3 is one of several Bihar projects tracked under the Urban Public Transport sector on the IPM system.