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BMC Budget 2026: Mumbai civic body projects Rs 7,000 crore Property Tax revenue
Updated On: 25 February, 2026 04:24 PM IST | Mumbai | mid-day online correspondent
The original property tax estimate for 2025-26 had been set at Rs 5,200 crore, indicating a steady upward revision. Property tax remains one of the civic body’s main sources of income
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Municipal Commissioner Bhushan Gagrani tabled the budget on Wednesday. Pic/Special Arrangement
The Brihanmumbai Municipal Corporation (BMC) on Wednesday projected property tax revenue of Rs 7,000 crore for the financial year 2026-27. It marks a rise from the revised estimate of Rs 6,200 crore for 2025-26.
The original property tax estimate for 2025-26 had been set at Rs 5,200 crore, indicating a steady upward revision. Property tax remains one of the civic body’s main sources of income.
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