Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a surplus budget of ₹48,072 crore, allocating a significant 87 percent of the outlay to infrastructure projects, including roads, public transport and urban development initiatives across the Mumbai Metropolitan Region. A notable feature of the budget is a ₹4,000 crore provision for the development of Mumbai 30 New Town, aimed at bolstering planned urban expansion and modern township creation.
In his budget speech, the MMRDA chair outlined the authority’s priorities, highlighting the emphasis on accelerating infrastructure delivery, strengthening connectivity and enhancing urban services. The budget includes allocations for major ongoing and new projects targeting transportation networks, connectivity improvements and civic infrastructure enhancement.
A large share of the budget has been earmarked for transport and mobility projects, including metro rail works, road widening, junction improvements, last-mile connectivity solutions and related support infrastructure. Officials said the funds will support execution of key corridors aimed at decongesting traffic and improving travel experience for commuters across the region.
The allocation of ₹4,000 crore for Mumbai 30 New Town underscores the agency’s focus on structuring urban growth in a planned manner. The project is intended to facilitate modern residential and commercial development, integrated with public utilities and connectivity frameworks, aligning with broader plans to expand the city’s urban footprint in a sustainable and balanced way.
Other budgetary items include provisions for water supply augmentation projects, sewerage and drainage improvement schemes, green space development and civic amenities upgrades. The MMRDA also flagged investments in digital infrastructure, urban resilience initiatives and environmental sustainability programmes.
Officials said that the surplus position of the budget reflects disciplined financial planning that allows for ambitious infrastructure spending while maintaining fiscal prudence. Revenue streams supporting the budget include development levies, project receipts, state government grants and internal resources generated through asset monetisation and land value capture mechanisms.
The MMRDA also reaffirmed its commitment to timely execution of ongoing flagship projects, including metro expansions, coastal road works, elevated corridors and multimodal transport hubs, which are central to enhancing the region’s infrastructure ecosystem. The budget outlook indicates a continued focus on leveraging infrastructure investment as a catalyst for economic activity, job creation and improved quality of life for residents.
Urban planners and industry stakeholders welcomed the budget, noting that significant budgetary focus on infrastructure and planned urban expansion could provide impetus to long-term regional development goals. The ₹48,072 crore budget is expected to be tabled for final approval in the coming weeks, with implementation plans rolling out across multiple sectors and geographies within the Mumbai Metropolitan Region.
