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

Mumbai Metro Line 3

Ministry of Housing & Urban AffairsMaharashtraData: 2026-05

Revised Cost: ₹37.3K CrUtilization: 90.3%Overrun: +₹14.1K Cr

Original Cost

₹23.1K Cr

Baseline estimate

+61%

Revised Cost

₹37.3K Cr

Latest approved cost

Expenditure

₹33.6K Cr

Spent to date

Utilization

90.3%

Of revised budget

Escalated

Cost Status

+61.1%

+₹14.1K Cr increase

Remaining

₹3628 Cr

Budget left

Budget Utilization

90.3%

0%25%50%75%100%

Spent

₹33.6K Cr

Remaining

₹3628 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 Month2026-05

Financial & Timeline

Original Cost₹23.1K Cr

Revised Cost₹37.3K Cr

Expenditure₹33.6K 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 ₹33.6K Cr, which is 90.3% of the revised project cost.

Remaining budget: ₹3628 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

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

Frequently Asked Questions

What 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.
What 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: ₹33648 Cr (90.3% of revised cost). Data as of 2026-05.
Which 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.
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. Mumbai Metro Line 3 is one of several Bihar projects tracked under the Urban Public Transport sector on the IPM system.

Frequently Asked Questions

What 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.

What 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: ₹33648 Cr (90.3% of revised cost). Data as of 2026-05.

Which 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.

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. Mumbai Metro Line 3 is one of several Bihar projects tracked under the Urban Public Transport sector on the IPM system.