yes, i understand your query regarding this buti would like to tell you that if you are likely to take hostel of college there is no much more expenses as i would like to give a brief about it through career 360 official article link as follows :
https://www.careers360.com/colleges/thakur-institute-of-management-studies-and-research-mumbai/mms-course

if you still have any query ask me in comments.
best of luck!!