≈ ₹81 lakh saved — about a fifth — on the Men's Hostel — E Block.
An ≈ 18,000 sq ft hostel for Thiagarajar College of Engineering, delivered on the open-book model against a conventional tender of ≈ ₹4.38 Cr — with an ≈ ₹10 Cr hostel (ongoing) now underway.
≈ ₹81 lakh
saved vs the tender
≈ 18%
of the conventional price
≈ 18,000 sq ft
Men's Hostel, E-Block
3 yr
defect liability
An institution that values every rupee.
Thiagarajar College of Engineering — part of the wider Thiagarajar group — needed a new Men's Hostel block built to institutional standards, on a public-institution budget, with full accountability for where the money went.
A conventional lump-sum tender would have priced the work at roughly ≈ ₹4.38 Cr — a number that bundles in contingency padding, mark-ups and the room for inflated variation claims.
SIRPI proposed the open book instead: build on measured actuals, charge a single honest fee, and report every cost vertical transparently. The institution would see exactly what the building cost — and pay for that, not for padding.
The same building, a fifth less.
How the saving was measured.The institution's own tendered lump-sum price for the same scope, set against the final reconciled actual-cost-plus-fee that SIRPI delivered — both reconciled against the project's cost record.
Headline outcome only. SIRPI never publishes the line-item cost breakup or any client's contract detail.
Every stage, on the record.
Scrub the real construction. At each milestone the open book is at work — actuals-based billing, stage-gated recovery, premium materials, and a final vertical-wise cost report.
Actuals-based billing begins — you pay for real quantities, not a padded lump sum.
Built, finished, handed over.
Inside the delivered Men's Hostel — the daylit central atrium under its barrel-vault skylight, finished colonnades and corridors, balcony elevations and the fitted-out study rooms, photographed on completion.
A building, and a benchmark.
The hostel was delivered to institutional standards with ≈ ₹81 lakh — about ≈ 18% — saved against the conventional tender, every vertical itemised and reconciled in a final cost report. The open book turned a budget line into a benchmark.
A second hostel, now rising.
On the strength of that result, an ≈ ₹10 Cr hostel is now under execution for the same institution — the same open-book model, at a larger scale. Shown here in its design render, ahead of the photographs to come.
