IN PHOTOS: MMRDA plans metro expansion, growth hubs and more in its budget

Updated On: 16 February, 2026 08:04 PM IST | Asif Ali Sayed

The Mumbai Metropolitan Region Development Authority (MMRDA) on Monday unveiled its surplus budget for 2026-27 with a total outlay of Rs 48,072.57 crore, with plans for metro expansion, growth hubs and climate-resilient Mumbai. Pics/X

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<p>With estimated receipts of Rs 48,072.57 crore and proposed expenditure of Rs 48,072.40 crore, the authority projects a surplus of Rs 17 lakh, reflecting a decisive financial turnaround, an official statement said</p>

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With estimated receipts of Rs 48,072.57 crore and proposed expenditure of Rs 48,072.40 crore, the authority projects a surplus of Rs 17 lakh, reflecting a decisive financial turnaround, an official statement said

<p>Deputy Chief Minister and MMRDA Chairman Eknath Shinde noted that the 87 per cent allocation demonstrates accountable governance under the Growth Hub framework</p>

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Deputy Chief Minister and MMRDA Chairman Eknath Shinde noted that the 87 per cent allocation demonstrates accountable governance under the Growth Hub framework

<p>The budget is 58.57 per cent higher than the revised estimate of Rs 30,316.18 crore for 2025-26, highlighting MMRDA’s commitment to large-scale urban development, the statement said</p>

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The budget is 58.57 per cent higher than the revised estimate of Rs 30,316.18 crore for 2025-26, highlighting MMRDA’s commitment to large-scale urban development, the statement said

<p>Maharashtra Chief Minister Devendra Fadnavis said the budget reflects global investor confidence and positions Mumbai as a modern, investment-ready region</p>

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Maharashtra Chief Minister Devendra Fadnavis said the budget reflects global investor confidence and positions Mumbai as a modern, investment-ready region

<p>The surplus follows three years of recovery after a Rs 7,468 crore deficit in 2024-25, signalling fiscal stability and improved revenue mobilisation through land monetisation, the Urban Transport Fund, project-linked revenues, and institutional financing, the official statement said</p>

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The surplus follows three years of recovery after a Rs 7,468 crore deficit in 2024-25, signalling fiscal stability and improved revenue mobilisation through land monetisation, the Urban Transport Fund, project-linked revenues, and institutional financing, the official statement said

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IN PHOTOS: MMRDA plans metro expansion, growth hubs and more in its budget

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Photo of Day

Breaking barriers and building pyramids — Women power in action!