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According to several news reports, the cost of this project is estimate at Rs 2980 crores. What is the cost of the statue of Sardar Vallabhbhai Patel According to several news reports, this figure is base on the work order that L&T receive for the project.

The next-best bid was for Rs4100 crores . L&T won this contract clearly on the basis that they had demonstrated their ability and offer the lowest price.
As per reports, here is the cost: [2]
The statue will be built at Rs 1347 crores
Exhibition center: Rs 235 crores
Research and Development Centers: Rs134 Crores
The bridge connecting to the mainland will cost Rs83 crores
Maintenance for 15 Years: Rs657 Crores

This leaves nearly Rs500 crores unaccounted for. Let’s suppose it’s for sundry expenses. However, that’s still a large number to round off. Let’s not worry about it, we can continue to use what we have.
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