Mumbai: MMRDA presents budget for 2025-26

Maharashtra Chief Minister Devendra Fadnavis under the chairmanship Deputy Chief Minister Eknath Shinde and in the presence of Minister of State for Urban development Madhuri Misal Mumbai Metropolitan Region Development Authority MMRDA on Friday presented its budget estimate for the year 2025ndash26 amounting to Rs 4018741 croreTo enhance and deliver urban services and infrastructure to the citizens of the Mumbai Metropolitan Region Rs 3515114 crore mdash approximately 87 per cent of the total expenditure mdash has been earmarked exclusively for infrastructure projects These include metro line extensions construction of new tunnels coastal routes regional water source development and major urban infrastructure worksThe budget was presented by MMRDA Metropolitan Commissioner Dr Sanjay Mukherjee IAS and approved by Deputy Chief Minister and Chairman of MMRDA Eknath Shinde The estimated revenue for FY 2025ndash26 stands at Rs 3693869 croreAccording to MMRDA this budget is expected to accelerate integrated balanced and fastpaced development in the Mumbai Metropolitan Region reduce travel time and distances and ease traffic congestionAllocation of Funds to Major Projects in the BudgetSr No Name of Project Allocation Rs in Crore1 Metro Project Line 2B DN Nagar ndash Mandale Rs 2155802 Metro Project Line 4 Wadala ndash Ghatkopar ndash Mulund ndash Thane ndash Kasarvadavali Rs 3247513 Metro Project Line 5 Thane ndash Bhiwandi ndash Kalyan Rs 1579994 Metro Project Line 6 Swami Samarth Nagar ndash Kanjurmarg Rs 1303405 Metro Project Line 9 Dahisar to MirandashBhayandaramp Line 7A Andheri to CSMIA Rs 1182936 Metro Project Line 12 Kalyan ndash Taloja Rs 1500007 Implementation of Extended Mumbai Urban Infrastructure Project Rs 521478 Fourlane underground tunnel Thane to Borivali via SGNP Rs 2684009 Coastal connectivity underground tunnel Orange Gate Eastern Freeway to Marine Drive Rs 18134010 Uttan to Virar Coastal Project Rs 20000011 Regional water source development Surya Kalu Dherji Projects Rs 16450012 Underground tunnel from Gaimukh to Fountain Hotel Junction on ThaneGhodbunder Road Rs 12000013 Elevated road from Fountain Hotel Junction to Bhayander Rs 10000014 KSC Navi Nagar Project KarnalandashSaindashChirner ndash NTDA Rs 100000New Projects Initiated in FY 2025ndash261 Extension of Metro Line 5 Durgadi Kalyan to Ulhasnagar2 Metro Line 10 Gaimukh to Shivaji Chowk Mira Road3 Metro line 13 Shivaji Chowk to Virar4 Metro Line 14 Kanjurmarg to Badlapur5 Gaimukh to Fountain Hotel Junction Tunnel Road Part 16 Design and construction of Elevated Road between Fountain Hotel to Bhayandar7 Airoli Tunnel to Katai Naka Road Part 3 mdash 671 km road stretch8 Under Extended Mumbai Urban Infrastructure Project Extn MUIPA Works in MirandashBhayandar Municipal Corporation Area1 Construction of road from Subhash Chandra Bose Ground to Uttan2 Construction of 60m30m wide road from Ghodbunder to Jaisal Park up to Ghodbunder Fort3 Construction of 30m wide road from Ghodbunder Sai Palace to Thakur Mall parallel to National Highway4 Construction of road and Railway Over Bridge ROB connecting Mira Road East and WestB Works in Thane Municipal Corporation Area1 Construction of 23 roads in OwalandashMajiwada ConstituencyC Works in VasaindashVirar Region1 Roads creek bridges and ROBs across VasaindashVirar2 Construction of 40m wide ring road connecting 4 major towns and surrounding villages in VasaindashVirar Municipal area3 Construction of 5 ROBs within VasaindashVirar Municipal CorporationD Works in Alibaug Taluka Raigad District1 Road development works under 3 packages in Alibaug TalukaE KulgaonndashBadlapur Municipal Council KBMC1 Construction of ROB from Katrap to Belavali2 Construction of CC Road from Katrap Petrol Pump to KharvaindashJuveli Bypass ndash PartThe estimated revenue for the financial year 2025ndash26 is Rs 3693869 crore while the estimated expenditure stands at Rs 4018741 crore resulting in a budgetary deficit of Rs 324872 crore This deficit is proposed to be bridged through land sales issuance of bonds financial assistance from the government and loans from financial institutionsThe expected revenue includes the following1 Sub Debts from the State Government ndash Rs 208200 crore2 Receipts from Land ndash Rs 734400 crore3 Borrowings ndash Rs 2232735 crore4 Other receipts ndash Rs 85607 crore5 Project Operations Revenue ndash Rs 30527 crore6 Government grants TDR etc ndash Rs 102400 crore7 Urban Transport Fund UTF ndash Rs 300000 croreThus the total expected revenue amounts to Rs 3693869 crore while the total estimated expenditure is approximately Rs 4018741 croreThe detailed breakdown of the expenditure is as follows1 Administrative expenses ndash Rs 37395 crore2 Project Operations and Maintenance ndash Rs 61995 crore3 Loans amp Advances to Staff ndash Rs 1100 crore4 Loan Advances amp EMD given By MMRDA ndash Rs 10100 crore5 Surveys Studies ndash Rs 33665 crore6 Grants ndash Rs 29975 crore7 Project Expenditure ndash Rs 3515114 crore8 Repayment of Loan ndash Rs 48860 crore9 Interest and other charges on the loan amountndash Rs 280537 croreChief Minister Devendra Fadnavis said The Mumbai Metropolitan Region is the backbone of Maharashtrarsquos economic development The ongoing infrastructure projects across MMR are accelerating the statersquos growth trajectory Maharashtra has signed a total of 54 MoUs worth Rs 1570 lakh crore Of these MMRDA has signed 11 MoUs amounting to Rs 350 lakh crore The signing of these MoUs at Davos under MMRDArsquos leadership reflects the strong global investor confidence in Maharashtra This budget marks a crucial step toward achieving the vision of a trilliondollar economyDeputy Chief Minister and Chairman MMRDA Eknath Shinde said while approving the budget Our top priority is the allround and fastpaced development of the Mumbai Metropolitan Region This budget ensures inclusive progress across all sectors mdash from new metro corridors to water resource projects MMRDArsquos plans will position Mumbai as a global economic hub The 2025ndash26 budget is a visionary and comprehensive document for the multidimensional growth of MMRDr Sanjay Mukherjee IAS Metropolitan Commissioner MMRDA addedThe budget for 2025ndash26 is futureready Over Rs 35000 crore has been directly allocated for projects From metro expansions and underground tunnels to water resource development and economic hubs these initiatives are vital for MMRrsquos growth This is not just a financial document mdash it is the blueprint for MMRrsquos future