The Mumbai Metropolitan Region Development Authority (MMRDA) on Monday unveiled its surplus budget for 2026-27 with a total outlay of Rs 48,072.57 crore, with plans for metro expansion, growth hubs and climate-resilient Mumbai. Pics/X
Updated On: 2026-02-16 08:04 PM IST
Compiled by : Asif Ali Sayed
With estimated receipts of Rs 48,072.57 crore and proposed expenditure of Rs 48,072.40 crore, the authority projects a surplus of Rs 17 lakh, reflecting a decisive financial turnaround, an official statement said
Deputy Chief Minister and MMRDA Chairman Eknath Shinde noted that the 87 per cent allocation demonstrates accountable governance under the Growth Hub framework
The budget is 58.57 per cent higher than the revised estimate of Rs 30,316.18 crore for 2025-26, highlighting MMRDA’s commitment to large-scale urban development, the statement said
Maharashtra Chief Minister Devendra Fadnavis said the budget reflects global investor confidence and positions Mumbai as a modern, investment-ready region
The surplus follows three years of recovery after a Rs 7,468 crore deficit in 2024-25, signalling fiscal stability and improved revenue mobilisation through land monetisation, the Urban Transport Fund, project-linked revenues, and institutional financing, the official statement said
