There is very little chance that the Brihanmumbai Municipal Corporation will announce any new projects in the civic budget for 2025-26. The civic body is focused on the completion of ongoing mega projects. The BMC will also withdraw funds from its fixed deposits to meet financial demands. According to sources, senior officials decided to focus on current projects, with more than Rs 1 lakh crore worth of projects being approved.

However, there is a possibility that BMC will announce development of transport hubs in place of octroi nakas (already on the cards). Civic chief Bhushan Gagrani will table the civic budget today. mid-day reported on Monday (January 3) that BMC has its hands full with mega projects and its fixed deposits have also dwindled over the past 4 years to Rs 81,000 crore.