BMC Presents Rs 74,427 Cr Budget For 2025-26, Infrastructure Projects Gets Major Boost | Check Details

The Brihanmumbai Municipal Corporation (BMC) announced its budget for the financial year 2025-26, proposing an outlay of Rs 74,427 crore. This marks a notable increase of 14 per cent from the previous year's budget of Rs 65,180 crore. This year too infrastructure projects got a major boost in the budget allocation to develop the financial capital.

For the third consecutive year, the budget was presented to the administrator instead of the standing committee, as the BMC remains under an administrator following the expiry of the corporators’ term on March 7, 2022. Additional municipal commissioners submitted the budget to BMC Commissioner Bhushan Gagrani at the civic headquarters.

The BMC's financial strategy includes an internal temporary transfer of Rs 16,699 crore to fund key projects. Property tax remains a major revenue source, with an estimated collection of Rs 5,200 crore for the upcoming fiscal year. Out of the total budget, Rs 43,162 crore has been allocated for developmental projects, underscoring BMC’s focus on infrastructure and urban growth, reported Free Press Journal.

ALSO READ: Akhilesh Yadav Launches Scathing Attack At UP Govt Over Death In Mahakumbh Stampede: 'Those Who Have Hidden Truths..'

Infrastructure development remains a top focus in the budget, with Rs 13, 310 crore earmarked for key projects, including Mumbai Coastal Road Project, Goregaon-Mulund Link Road and the upgradation of seven sewage treatment plants.

Additionally, Rs 5,100 crore has been set aside for road construction and maintenance, while Rs 1,980 crore is allocated for the construction and upkeep of bridges and flyovers across Mumbai, the report stated.

ALSO READ: Delhi Election 2025: How To Search For Your Name In the Voter List And Find Your Polling Station – All The Details Below

Previous Year's Expenditure and Financial Strength

In the 2024-25 fiscal year, the BMC had presented a budget of Rs 59,954 crore, reflecting a 13.9 per cent increase from the previous year. Of this, Rs 31,774 crore (53 per cent) was designated for capital expenditure, with nearly 52 per cent of it utilised by December 31, 2024. The major areas of expenditure included Solid Waste Management, Mumbai Coastal Road, Bridges and Roads and Water Supply Projects.

The BMC maintains strong financial reserves, with fixed deposits worth Rs 81,000 crore, ensuring fiscal stability while continuing investments in critical urban infrastructure.