Mumbai: BMC budget 2026 to cross Rs 75,000 crore, no new taxes likely

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Mumbai's civic finances enter a crucial phase on February 25, when Municipal Commissioner Bhushan Gagrani presents what is likely to be his final Brihanmumbai Municipal Corporation budget, expected to cross Rs 75,000 crore and focus heavily on mega infrastructure, water security, and pollution control while keeping new taxes off the table for residents.

The budget, to be tabled before Standing Committee Chairman Prabhakar Shinde, will also mark the first time in four years that the civic spending plan is formally presented before the committee, restoring a key procedural step missing since the dissolution of the elected body in 2022.

Budget presentation

Date: Feb 25, 2026
Time: 2 pm
Venue: Standing Committee Hall
Presented by: Bhushan Gagrani, municipal commissioner
To: Prabhakar Shinde, Standing Committee chairman
Significance:
>> Gagrani's second and final budget
>> First Standing Committee presentation in 4 years

Top spending priorities likely

Infrastructure:
>> Goregaon-Mulund Link Road
>> North Coastal Road (Versova-Dahisar-Bhayandar)
Rs 17,000 crore road concreting programme

Water security:
Rs 3,000 crore Gargai dam

Environment:
>> 7 sewage treatment plants
>> Air-quality control measures

Public participation

Suggestions received:
2024-25: 1181
2025-26: 2703

Citizen inputs more than doubled, reflecting rising public engagement in civic spending

Spending pattern shift

Earlier years: Capital spending dominated
Recent budgets: Revenue spending rising
This year, officials indicate capital-heavy spending may return, driven by big-ticket projects