BMC proposes Rs 80,952.56 crore budget for 2026-27, up by 8.77 %

The Brihanmumbai Municipal Corporation has proposed a budget of Rs 80,952.56 crore for the financial year 2026-27. The outlay marks an 8.77 per cent rise over the previous year’s estimate. Higher capital spending and increased revenue projections form the core of the civic body’s financial plan.

New Delhi: The Brihanmumbai Municipal Corporation (BMC) on Wednesday presented a budget of Rs 80,952.56 crore for the financial year 2026-27. The proposed outlay shows an 8.77 per cent increase compared to the 2025-26 budget estimate of Rs 74,427.41 crore.

BMC Commissioner Bhushan Gagrani tabled the budget in front of the civic body. The plan places strong focus on capital works and infrastructure spending.

Rise in capital expenditure

The capital expenditure for 2026-27 is set at Rs 48,164.28 crore. This marks an increase of 11.59 per cent over the revised estimate of Rs 39,159.51 crore for 2025-26. The original capital outlay for the current fiscal stood at Rs 43,162.23 crore, but authorities later revised it downward.

Officials said the higher capital allocation aims to push infrastructure projects and civic development works across Mumbai.

Revenue spending and income growth

Revenue expenditure for 2026-27 is proposed at Rs 32,698.44 crore. This is 15.71 per cent higher than the revised estimate of Rs 28,257.91 crore for 2025-26. The revenue spending for the current year was initially estimated at Rs 31,204.53 crore. However, the civic body reduced it by Rs 2,946.62 crore after rationalising expenses.

The estimated revenue income for the upcoming fiscal stands at Rs 51,510.94 crore. This is 19.35 per cent higher than the earlier estimate of Rs 43,159.40 crore for 2025-26. The income estimate for the current year was later revised upward to Rs 46,778.12 crore.

Property tax projections

Property tax remains one of BMC’s major revenue sources. The civic body expects to collect Rs 7,000 crore in property tax in 2026-27. This compares with the revised estimate of Rs 6,200 crore for 2025-26. The original projection for property tax in the current fiscal was Rs 5,200 crore.

As of January 31, 2026, the civic body has spent Rs 19,001.88 crore on revenue expenditure. This accounts for 67.24 per cent of the revised estimate. Capital expenditure during the same period reached Rs 22,425.16 crore. The new budget sets the tone for increased infrastructure focus while projecting stronger revenue growth for the city.

Click for more latest Mumbai news. Also get top headlines and latest news from India and around the world at News9.

Adan Khan is an emerging journalist with a keen focus on crime and politics. With a talent for making complex issues accessible, he has quickly become known for his ability to clarify intricate topics. Now with a year of experience in the news industry, Adan remains committed to delivering the truth, regardless of its difficulty. His writing seeks to make critical subjects both clear and engaging, offering readers insightful perspectives and guiding them through challenging issues. Dedicated to continuous growth, Adan is here to inform, engage, and make a meaningful impact in journalism.

News City News Mumbai News BMC Proposes Rs 80,952.56 Crore Budget For 2026 27, Up By 8.77 % News

© News9Live