The Brihanmumbai Municipal Corporation (BMC) budget for the year 2025-26 will be tabled on Tuesday, February 4, with major mega projects in hand. Ahead of the BMC Budget 2025, mid-day examined the corporation’s liabilities and assets and found that the cost of ongoing projects significantly exceeds the available funds. Projects worth approximately Rs 1 lakh crore have been approved in the last two years, including mega projects worth Rs 68,441 crore.

The BMC has fixed deposits of Rs 81,000 crore, and nearly half of its budget for 2024-25 of Rs 59,954 crore has been allocated for administrative and daily operations. Payments for these projects will begin after two to three years, meaning there won’t be an immediate financial strain in the short term. However, liquidity challenges may arise later, officials warned.