Abi thinks the numbers behind the three new IITs are unrealistic

Why three? Why IITs? Why not NITs? Heck, why not some real universities? What is a reasonable cost per faculty (or, per student)?

But in the comments section, Yogesh K. Upadhyaya notes that the costs are worth if it solves the political problem (which I suspect is related to the controversies due to reservations)

The 3 new IITs will come up in rural areas of Karnataka, Andhra Pradesh and Bihar at a cost of Rs. 2,500 crores each. The cost may jump to Rs. 3,000 crores or more due to inflation. Similarly 4 new extension centers of IITs will come up at an initial cost of Rs. 700-800 crores each, but will touch Rs. 2,000 crores each when completed and converted into IITs. No cost is high, if it can solve the political problem.