MMRDA Presents ₹40,187 Crore Golden Jubilee Budget for 2025-26

Mumbai Metropolitan Region Development Authority (MMRDA) today presented its budget estimate for the year 2025-26 amounting to ₹40,187.41 crore. This happened under the leadership of Maharashtra Chief Minister Devendra Fadnavis, under the chairmanship of Hon Deputy Chief Minister Eknath Shinde and in the presence of hon Minister of State for Urban development Smt Madhuri Misal.

Infrastructure services

To enhance and deliver world-class urban services and infrastructure to the citizens of the Mumbai Metropolitan Region, ₹35,151.14 crore approximately 87% of the total expenditure 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 works.

The Budget

The budget was presented by MMRDA Metropolitan Commissioner Dr. Sanjay Mukherjee, IAS, and approved by Hon’ble Deputy Chief Minister and Chairman of MMRDA, Eknath Shinde. The estimated revenue for FY 2025–26 stands at ₹36,938.69 crore. This budget is expected to accelerate integrated, balanced, and fast-paced development in the Mumbai Metropolitan Region, reduce travel time and distances, and ease traffic congestion.

The estimated revenue for the financial year 2025–26 is ₹36,938.69 crore, while the estimated expenditure stands at ₹40,187.41 crore, resulting in a budgetary deficit of ₹3,248.72 crore. This deficit is proposed to be bridged through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions.

The expected revenue

1. Sub Debts from the State Government – ₹2,082.00 crore

2. Receipts from Land – ₹7,344.00 crore

3. Borrowings – ₹22,327.35 crore

4. Other receipts – ₹856.07 crore

5. Project Operations Revenue – ₹305.27 crore

6. Government grants / TDR etc. – ₹1,024.00 crore

7. Urban Transport Fund (UTF) – ₹3,000.00 crore

Thus, the total expected revenue amounts to ₹36,938.69 crore, while the total estimated expenditure is approximately ₹40,187.41 crore.

Breakdown of the expenditure

1. Administrative expenses – ₹373.95 crore

2. Project Operations and Maintenance – ₹619.95 crore

3. Loans & Advances to Staff – ₹11.00 crore

4. Loan, Advances & EMD given By MMRDA – ₹101.00 crore

5. Surveys / Studies – ₹336.65 crore

6. Grants – ₹299.75 crore

7. Project Expenditure – ₹35,151.14 crore

8. Repayment of Loan – ₹488.60 crore

9. Interest and other charges on the loan amount– ₹2,805.37 crore

Chief Minister Devendra Fadnavis’ Statement

Hon’ble Chief Minister Devendra Fadnavis remarked, “The Mumbai Metropolitan Region is the backbone of Maharashtra’s economic development. The ongoing infrastructure projects across MMR are accelerating the state’s growth trajectory. Maharashtra has signed a total of 54 MoUs worth ₹15.70 lakh crore. Of these, MMRDA has signed 11 MoUs amounting to ₹3.50 lakh crore. The signing of these MoUs at Davos under MMRDA’s leadership reflects the strong global investor confidence in Maharashtra. This budget marks a crucial step toward achieving the vision of a trillion-dollar economy.”

Deputy CM’s Statement

Deputy Chief Minister and Chairman MMRDA Eknath Shinde said while approving the budget: “Our top priority is the all-round and fast-paced development of the Mumbai Metropolitan Region. This budget ensures inclusive progress across all sectors from new metro corridors to water resource projects. MMRDA’s plans will position Mumbai as a global economic hub. The 2025-26 budget is a visionary and comprehensive document for the multidimensional growth of MMR.”

Metropolitan Commissioner’s Statement

Dr. Sanjay Mukherjee, IAS, Metropolitan Commissioner, MMRDA added, “The budget for 2025-26 is future-ready. Over ₹35,000 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 MMR’s growth. This is not just a financial document it is the blueprint for MMR’s future.”

Under the able leadership of the Hon’ble Chief Minister, Deputy Chief Minister, this budget will be a milestone in the journey of transforming Mumbai and the Mumbai Metropolitan Region into a truly global city.