Major Infrastructure Projects In Mumbai See Sharp Cost Escalations, Two Nearly Double In Months
Three prominent bridge and flyover developments across Mumbai have registered steep cost increases within a short span, with total project expenses rising by 66%, according to fresh budget papers of the Brihanmumbai Municipal Corporation (BMC) cited in a report by The Indian Express. The infrastructure works, located in areas such as Fort, Byculla, Kurla, Ghatkopar […]
BMC Plans Green Bonds & Reserve Deployment To Fund 2026–27 Infrastructure Push
The Brihanmumbai Municipal Corporation (BMC) has outlined an expansive funding strategy in its 2026–27 Budget, proposing the use of strategic reserves along with the issuance of Green Bonds to support a range of development works across Mumbai. Presented on Wednesday, the budget signals a key administrative shift after recent political changes within the corporation. The […]
Bellasis Flyover Linking Tardeo & Mumbai Central To Open Today, 15 Months Ahead Of Schedule
South Mumbai is set to receive a major connectivity upgrade as the Bellasis flyover, linking Tardeo and Mumbai Central railway station, will be inaugurated today. The ceremony will take place at 11 am and will be conducted online by Chief Minister Devendra Fadnavis along with Deputy Chief Ministers Eknath Shinde and Sunetra Pawar, in the […]
BMC Unveils Rs 80,952 Crore Budget, Infrastructure & Urban Development Take Centre Stage
The Brihanmumbai Municipal Corporation (BMC) presented its 2026–27 budget on February 25, with a substantial outlay of Rs 80,952 crore, signalling a renewed focus on Mumbai’s infrastructure, urban connectivity, and real estate development. Tabled before the standing committee after a four-year hiatus, the budget emphasises capital projects, water security, roads, and urban renewal while maintaining […]
BMC Plans Bond Issue To Fund Water Projects; New Bridges & Elevated Roads In 2026–27 Budget
Municipal Commissioner Bhushan Gagrani will present the 2026–27 budget of the Brihanmumbai Municipal Corporation (BMC) to Standing Committee Chairman Prabhakar Shinde on Wednesday, outlining a mix of innovative financing and new infrastructure proposals. For the first time, the civic body intends to raise money from the public through municipal bonds to fund key water supply […]
BMC Budget 2026-27: Big-Ticket Promises From Last Year Yet To Take Off
As the Brihanmumbai Municipal Corporation prepares to present its 2026-27 budget today, several high-profile projects announced in last year’s Rs 74,527 crore financial plan remain delayed, downsised or quietly abandoned. The budget, to be tabled before the standing committee after a four-year hiatus, is expected to mirror the priorities of the ruling Mahayuti alliance, with […]
Santacruz East Residents Flag Rising Dust Levels Amid Ongoing Construction
Commuters and local residents have expressed concern over persistent dust pollution along the western end of Hans Bhugra Marg in Santacruz East, where multiple infrastructure works are underway. Despite measures such as regular sprinkling of water on the road, many say the situation remains unchanged. Efforts were made to seek clarification from the Mumbai Metropolitan […]
BMC Infrastructure Spend Touches Rs 19,443 Crore As Roads, Bridges Dominate Capital Outlay
As the Brihanmumbai Municipal Corporation (BMC) gears up to present its 2026–27 financial budget later this month, details obtained through a Right to Information (RTI) query reveal the scale and focus of the civic body’s infrastructure spending this year. The response, sought by The Times of India, highlights an aggressive push towards capital-intensive projects, particularly […]
Bombay High Court Bars MMRDA From Forcing TDR As Land Acquisition Compensation
The Bombay High Court has ruled that the Mumbai Metropolitan Region Development Authority (MMRDA) cannot compel landowners to accept Transferable Development Rights (TDR) in place of monetary compensation when acquiring land for public infrastructure projects. The court directed the authority to assess and pay cash compensation in accordance with the law. The decision came on […]
Property Tax Reforms, Municipal Bonds Seen As Key To Easing BMC’s Financial Pressures
A combination of tighter property tax reforms and expanded access to municipal bonds could offer much-needed fiscal relief to the Brihanmumbai Municipal Corporation (BMC), which is facing mounting infrastructure costs and a shrinking pool of usable reserves. The Union Budget presented by Finance Minister Nirmala Sitharaman, together with the recommendations of the Sixteenth Finance Commission, […]