The Brihanmumbai Municipal Corporation (BMC) faces a proposed liability of Rs 1.93 lakh crore for ongoing and upcoming projects over the next five to six years. Over the past two and a half years, the BMC has approved proposals amounting to around R1 lakh crore. The corporation’s total fixed deposits stand at Rs 81,774.43 crore, but Rs 42,230 crore is earmarked for committed liabilities and cannot be withdrawn. Meanwhile, only Rs 39,543.64 crore is available for infrastructure development.

“Although this amount is deposited for infrastructure, we can’t withdraw the full sum at once. For 2025-26, we have estimated using R16,699.78 crore. We continuously reinvest our savings into fixed deposits,” a BMC official from the accounting department told mid-day.