Received approval last weekend !!
I thought that was automated letter from HO about exceptional circumstances and complicated issues based upon my silent observation. Fortunately, that wasn't the case
Eligibility criteria: Tier 1 (G) 5 Years + 1 Year ILR
Language criteria met: UK MSc degree + Life in the UK
Method of application: NCS
Council name if NCS used: Milton Keynes
Date of application: 08/07/2015
Date HO received it: 14 July 2015 (DX delivery lol

)
Payment method: Debit card
Payment taken: 21/07/15 (Amount unavailable on 20/07/15)
Date of acknowledgment letter: 23/07/2015 (Dated 20/07/15, £1,005 fee taken and Correspondence in Advanced mail 2nd class postage, well played HO

)
Date of Bio-metrics received and done: 27/07/2015 (Dated 20/07/15 issued along with Acknowledgement letter but received after a week, magic

)
Date approval received: 27 or 28/11/15 Since I wasn't home (Letter Dated 19/11/15)
Date of ceremony: Waiting for Council's Invitation letter.
Will update about the ceremony and passport application timeline.
All the best to those who are waiting !! Hold tight yours would be around the corner !!