IIM Nagpur New Pune Campus Gets ₹186 Cr Land from Maharashtra Government
IIM Nagpur is in talks to build a new campus for education, research and training on Moshi, Pune. The Maharashtra Government has approved a 28-hectare land in a meeting chaired by CM Devanra Fadnavis.
IIM Nagpur New Pune Campus Gets INR 186 Cr Land from Maharashtra Government
The Indian Institute of Management (IIM) Nagpur has announced plans to build a new educational, research, and training campus in the Pimpri-Chinchwad area of Pune. The Government of Maharashtra has waived off INR 186 worth of land for the new campus in Pune. An official meeting for the purpose was headed by Maharashtra CM Devendra Fadnavis on Sunday. The selected property for the campus is a part of 77.01 hectares of government land located in Mouje Moshi.
As per the state Government's financial assessment, the current market value of this 28-hectare land is INR 186.78 crore. The Maharashtra Government has decided to waive the occupancy fee for IIM Nagpur. This amount is to be added to the authorised share capital of the institute as the state government's financial share.
State Revenue Minister Chandrashekhar Bawankule provided further details on the reasoning behind this land allocation. He stated that the government is working with the specific goal of making Maharashtra a leading national center for education, industry, and practical skill development. By providing free land to an Indian Institute of Management, the state government hopes to give local students and the younger generation direct access to global standards of education and training.
The establishment of this new campus in the Pune region is expected to have a major positive impact on higher education, with an additional boost to the startup ecosystem. Officials from the Revenue Department believe it will provide excellent opportunities specifically for students in the Pune and Pimpri-Chinchwad areas. The project will provide a strong boost to management studies, academic research, new innovations, and industry-focused skill development programs which will in turn help build a strong, knowledge-based economy.
Commonly asked questions
Having a good academic profile for IIM admission is very critical. The top 6 IIMs lay a lot of emphasis on Class 10 and Class 12 score for selection of candidates for WAT-PI round. The academic profile is evaluated again at the time of preparation of final merit list. It has been seen in the past that some candidates despite having 99+ percentile, were not selected for PI round due to low score in Class 12.
The academic profile is assessed for academic as well as gender diversity. Which means a candidate who studied Arts in Class 12 may be selected for PI with lower marks than a candidate who studied Science in Class 12.
Candidates aiming for IIMs must know that while the importance of academic profile is very important for top IIMs, it is moderately important for rest of the IIMs. For, other top MBA colleges, overall profile matters more than academic score. So, if you do not have superlative scores in Class 10 and 12, build a good profile with work experience and extra curricular activities to increase your chances of selection.
The CAT cut offs for IIM Bangalore hovers between 97-100 percentile. The qualifying CAT cut off required for being eligible for IIM Bangalore's Written Ability test (What) and Personal Interview PI is 85 percentile for General category students, whereas for SC candidates, it is 70 percentile. For ST candidates, it is 65 percentile and for PwD candidates it is 60 percentile. Given below are the sectional and overall qualifying CAT cut offs for IIM Bangalore.
- General category: 80 VARC 75 DILR 75 Quantitative Aptitude 85 (Overall)
- NC-OBC category: 75 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
- EWS category: 70 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
- SC category: 65 VARC 60 DILR 60 Quantitative Aptitude 70 (Overall)
- ST category: 55 VARC 55 DILR 55 Quantitative Aptitude 65 (Overall)
- PwD category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall)
CAT cut off is prepared by all accepting colleges individually. There is no one authorized body to do so. Even the IIMs determine their admission cut offs separately.
Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com
Abhishek Dhawan is a content writer and editor with 7+ years of experience in education journalism. He holds a BA degree from the University of Delhi. At Shiksha, Abhishek primarily covers MBA and BBA entrance
Read Full Bio