MMRDA Unveils Rs 40,187 Crore Budget for 2025-26 Infrastructure Overhaul

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved a substantial budget of ₹40,187.41 crore for the fiscal year 2025-26. This budget underscores the authority’s unwavering commitment to enhancing the city’s infrastructure, with a pronounced focus on metro and road development to bolster urban mobility and sustainability. A staggering 87% of the total budget, amounting to approximately ₹35,151.14 crore, is earmarked for infrastructure projects. This substantial allocation reflects MMRDA’s strategic emphasis on expanding and upgrading the city’s transport network. Key areas of investment include the expansion of existing metro lines and the construction of new corridors to improve connectivity across the Mumbai Metropolitan Region (MMR). Notably, Metro Line 5, which will link Thane, Bhiwandi, and Kalyan, is under construction with an expected completion date in 2025. This 24.9 km elevated line will feature 17 stations, providing seamless access to commercial and residential areas. Allocations are also made for the development of coastal routes, regional water source projects, and major urban infrastructure works. These initiatives aim to reduce travel time, alleviate traffic congestion, and promote sustainable urban living. The estimated revenue for the fiscal year is ₹36,938.69 crore, resulting in a budgetary deficit of ₹3,248.72 crore. To bridge this gap, MMRDA plans to mobilise funds through various channels, including state government receipts, land sales, borrowings, and project operations revenue. This diversified financial strategy aims to ensure the seamless execution of planned projects without compromising fiscal responsibility. Beyond the substantial investments in metro and road infrastructure, the budget introduces several new projects for the year 2025-26. These include the extension of Metro Line 5, the development of Metro Line 10 connecting Gaimukh to Shivaji Chowk in Mira Road, and the initiation of Metro Line 13 from Shivaji Chowk to Virar. These extensions are designed to cater to the growing transportation needs of Mumbai’s expanding population. The development of coastal connectivity through underground tunnels and regional water source projects like the Surya, Kalu, and Dherji projects are allocated significant funds. These initiatives aim to enhance the city’s resilience against climate change and ensure sustainable water supply. The leadership has articulated a clear vision for Mumbai’s transformation, emphasising integrated, balanced, and rapid development. The focus is on reducing travel time, enhancing connectivity, and providing relief from traffic congestion. This comprehensive approach aligns with the broader goal of establishing Mumbai as a global city with sustainable and equitable urban infrastructure. The MMRDA’s budget for 2025-26 marks a pivotal step towards transforming Mumbai’s infrastructure to meet the demands of a modern, urban populace. The strategic allocation of funds towards metro expansion, road development, and sustainable projects reflects a forward-thinking approach to urban planning. As these projects materialise, they are expected to significantly improve the quality of life for residents, attract global investment, and position Mumbai as a leader in sustainable urban development