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Updated - June 25, 2026 at 04:24 PM.

The hostels will provide furnished, air-conditioned rooms equipped with essential amenities in addition to dedicated study areas, recreation zones, pantry facilities, sports infrastructure and common spaces | Photo Credit: B. Velankanni Raj
The Indian Institute of Technology Madras has announced the groundbreaking of a new ₹400 crore student accommodation project to be developed under the public-private partnership (PPP) mode.
The facility, being developed in partnership with Elevate Campuses, will accommodate more than 1,800 PhD students and project staff and is expected to be completed by mid-2028.
The hostels will provide furnished, air-conditioned rooms equipped with essential amenities in addition to dedicated study areas, recreation zones, pantry facilities, sports infrastructure and common spaces.
“We strongly believe that the public-private partnership model would lead to world-class facilities on campus, and that this particular project could be an example at the national level. We will endeavour for building sustainable campus infrastructure, emphasizing that physical student spaces that support holistic mental health and environmental sustainability,” said V Kamakoti, Director, IIT Madras.
“It is encouraging to see IIT Madras taking the lead in modernizing student accommodation infrastructure in India. We are proud to partner with one of the country’s most prestigious and iconic institutions to develop a student accommodation ecosystem that combines comfort, safety, technology and community living,” Narasimha Jayakumar, CEO, Elevate Campuses said.
Published on June 25, 2026
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