Home / Mumbai / Mumbai News / Photos / IN PHOTOS: MMRDA plans Mumbai Metro expansion, growth hubs and more in its Rs 48,072.57 crore budget

IN PHOTOS: MMRDA plans Mumbai Metro expansion, growth hubs and more in its Rs 48,072.57 crore 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

The announcement marks its first surplus budget since 2017-18. Pics/X

1/6

The announcement marks its first surplus budget since 2017-18. Pics/X
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

2/6

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

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

3/6

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

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

4/6

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

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

5/6

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

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

6/6

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

Photo of Day

Global AI leaders join PM Modi in a bid to push for a smarter, inclusive future

Global AI leaders join PM Modi in a bid to push for a smarter, inclusive future

PM Narendra Modi joins hands with Google CEO Sundar Pichai, OpenAI CEO Sam Altman, and others during the India AI Impact Summit 2026, in New Delhi. PIC/PTI

Advertisement