BMC has pegged its FY27 budget at ₹80,953 crore (up 8.8% YoY), with a massive 42% allocated to capex across 4 mega infrastructure projects (the next phase of the Mumbai Coastal Road, the GMLR tunnel, a water infrastructure upgrade to build an additional 800 MLD capacity over five years, and a sewage and storm water overhaul)
This scale of budget outlay and capex focus is a shift in recent years. Kind of pointer to the historic neglect of infrastructure. Revenue strength comes from a robust property tax base, stronger internal resource mobilisation, dipping into reserves, and exploring bond issuance( all without introducing new taxes) A capital outlay-to-revenue ratio of 60:40 is the kind of quality fiscal mix rarely seen in other urban local bodies. When a ULB spends at this scale on core infrastructure, it signals a serious effort at compounding long-term urban capacity.
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