Municipal Commissioner Bhushan Gagrani unveiled the Brihanmumbai Municipal Corporation (BMC) budget for the fiscal year 2026-27, totaling Rs 80,952.56 crore. This marks an 8.77% increase from the previous year’s budget. The focus of the budget is on infrastructure development and technological progress, with Capital Expenditure now constituting 60% of total spending.
The budget signifies a strategic shift towards long-term asset creation, with Capital Expenditure being the primary focus. Revenue Expenditure has been streamlined to 40% of the total budget. Gagrani described the budget as a “Strategic Framework” aiming to balance fiscal responsibility with a vision for a modern and inclusive Mumbai.
Revenue income is estimated at Rs 51,510.94 crore, reflecting a 19.35% rise from the previous year’s projections. Notably, property tax is set at Rs 7,000 crore, while revenue from Capital Values and Development Plan fees is expected to contribute Rs 12,050 crore to the municipal treasury. Infrastructure development remains a key priority, with significant allocations for prestigious projects.
The BMC has allocated substantial funds for various projects, including the Versova-to-Dahisar stretch, Mumbai Coastal Road (North), and the Goregaon Mulund Link Road (GMLR). These initiatives aim to enhance connectivity and reduce travel time significantly. Additionally, allocations have been made for sewage disposal facilities and road concretisation projects across the city.
