IIT Bombay completes Project Evergreen, adds 1127 hostel beds through alumni-led Rs 200 crore initiative
Aatif Ammad | January 22, 2026 | 09:35 PM IST | 2 mins read
IIB-B: Project evergreen is the largest alumni-led student housing infrastructure initiative in India, backed by nearly 2700 alumni donors, close to 100 alumni volunteers and over 25 corporate partners.
Indian Institute of Technology (IIT) Bombay has announced the completion and operationalisation of Project Evergreen, a fully alumni-led initiative that has expanded student housing infrastructure on campus.
As per the institute, the project has delivered three new hostels comprising 848 rooms and 1127 beds, spread across 370000 sq ft, after raising Rs 200 crore through alumni and corporate contributions.
The institute said Project Evergreen is the largest alumni-led student housing infrastructure initiative in India, backed by nearly 2700 alumni donors, close to 100 alumni volunteers and over 25 corporate partners. Contributions ranged from Rs 10 crore to Rs 1,000, including a symbolic Rs 100 donation from a current student.
IIT Bombay’s alumni-led campus upgrade
“Project Evergreen began as a simple conversation between a small group of alumni volunteers Prof Chaudhuri,” the release noted.
IIT Bombay said that the alumni leaders Narayan Sundaresan, led the construction, and Kirat Patel, developed the fundraising model.
“The initial response was very encouraging,” Patel said in the press release.
“We began with a Rs 4-5 crore design phase supported by 26 charter donors. Phase two depended on our belief that we could raise the full construction cost—and the alumni community proved us right,” he added.
The institute also said the new housing complex has received Indian Green Building Council Gold Certification (IGBC) Gold certification under the Green Homes Rating System, marking the first campus building to secure the recognition.
Also read IIT Delhi launches executive programme in healthcare entrepreneurship, AIIMS experts to help out
Subash Chaudhuri, former IIT Bombay director, said in the press release that the institute's infrastructure “needed urgent upgrades,” adding that the project reflected “unprecedented scale, ambition, and collaboration.” He said the new hostels are already operational and supporting campus life.
IIT Bombay director Shireesh Kedare said the initiative shows what can be achieved when alumni and institutions collaborate with purpose. “Project Evergreen is more than infrastructure—it is a living example of nation-building,” he said.
Follow us for the latest education news on colleges and universities, admission, courses, exams, research, education policies, study abroad and more..
To get in touch, write to us at news@careers360.com.
Quick Watch
]Next Story
]Featured News
]- ‘Weaken universities’: Bihar teachers on month-long protest against plan to bring colleges under govt control
- ‘Have seen 8 suicides’: Why hundreds of IIT Delhi B.Tech students are protesting over Rishikesh Kumar’s death
- ‘Cover-up, conflict of interest’: Visva Bharati prof files RTI, VBUFA says facts buried in disciplinary cases
- University of Southampton Delhi to launch 30 courses over next decade, expand to STEM, health, arts: Provost
- Maharashtra’s draft coaching regulation law based on Kota-like centres, will harm small classes: Association
- ‘Cancel admissions’: Jamia Millia students allege lower rank-holders given seats over toppers, protest
- MGR Medical University releases faculty data of 13,000 teaching staff after TN group’s transparency push
- ICAR DDG: ‘NEP rollout priority; multiple entry-exit option helps bring students back to BSc agriculture’
- Removing deprivation points from admissions will change JNU’s character, make it elitist: Professor
- Tamil Nadu plans to strengthen Govt college libraries, polytechnics and diploma engineering courses