IIM Mumbai is set to undertake a Rs 1,907-crore redevelopment of its 26-hectare campus near Powai Lake, nearly three years after receiving Indian Institute of Management status. The three-and-a-half-year project will modernise ageing facilities, add new structures and support the institute’s expanding academic programmes.
The campus currently has limited hostel capacity, with accommodation available for around 750-800 students while nearly 1,200 students are being housed through double occupancy. The proposed redevelopment is expected to substantially improve residential and academic infrastructure.
Approvals for much of the project have reportedly been secured, although clearance from the state forest department is awaited because around nine hectares of the campus fall within the Sanjay Gandhi National Park Eco-Sensitive Zone.
IIM Mumbai, earlier known as the National Institute of Industrial Engineering (NITIE), was established in 1963 with a focus on industrial engineering and management education. It received IIM status in August 2023, following which the institute began planning a major overhaul of its infrastructure and academic offerings.
Manoj Kumar Tiwari, director, IIM-Mumbai, said, “After being accorded IIM status, we are planning to introduce new undergraduate courses. We currently have an old campus and have decided to revamp it by demolishing some old structures and rebuilding them. We will also renovate some of the existing structures.”
The redevelopment will cover 26 existing structures, with several undergoing renovation and five new buildings planned. The additions will support hostel accommodation, faculty housing, research activities and academic requirements. Several ageing structures, including academic and industrial buildings, halls, residential facilities, a community hall, laundry building, post office, bank and other utility structures, are proposed for demolition.
A new faculty housing complex will accommodate more than 200 teachers, while additional hostel capacity is planned to address the existing shortage. Construction of an extension to Swami Vivekanand Hall, the boys’ hostel, is also nearing completion.
“We have planned the redevelopment in a way that ongoing academic activities are not disturbed. Construction of the new administrative block is already underway. Once completed, we will demolish the old administrative building and shift to the new one. We are also developing staff quarters and faculty residences,” Tiwari said.
Source: Hindustan Times
