MMRDA expects an income of Rs 8,672 crore in the current fiscal against an expenditure of Rs 14,588.02 crore, said the infrastructure body in a release on Monday, after the 152nd meeting of its top decision-making body which was chaired by Urban Development Minister Eknath Shinde. MMRDA develops infrastructure in the Mumbai Metropolitan Region.

The original budget of the Mumbai Metropolitan Region Development Authority for the financial year estimates the income at Rs 10,724 crore, which mainly comprises of money raised through sale of plots and loan from the International financial Institute, “sub-debts from the state for Metro, income from development charges, TDR, etc.”  ln 2022-23, MMRDA’s total expected expenditure stands at Rs 18,404 crore.