MMRDA Finalizes ₹40,187 Crore Budget for 2025-26, Prioritizing Infrastructure Projects

Despite a reduction in spending, the budget allocates 87% to infrastructure and outlines borrowing plans to address a ₹3,249 crore deficit.

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved a ₹40,187 crore budget for FY 2025-26, with ₹35,151 crore allocated to infrastructure projects.
Infrastructure spending has been reduced by ₹6,804 crore compared to the previous fiscal year, reflecting budget adjustments to balance fiscal constraints.
₹10,969 crore is earmarked for metro rail projects, with plans to complete all ongoing metro lines by 2027, including 20 km of new metro rail expected in 2025.
The budget includes ₹5,697 crore for tunnel projects, such as a four-lane road under the Sanjay Gandhi National Park, allocated ₹2,684 crore.
MMRDA plans to borrow ₹22,000 crore and generate revenue through land leasing, government grants, and other streams to bridge the ₹3,249 crore deficit.