Mumbai Metropolitan Region Development Authority (MMRDA) headed by deputy Chief Minister Eknath Shinde, approved the fiscal year 2025-26 budget estimated at ₹40,187.41 crore
| Photo Credit: PTI

Mumbai Metropolitan Region Development Authority (MMRDA) headed by deputy Chief Minister Eknath Shinde, approved the fiscal year 2025-26 budget estimated at ₹40,187.41 crore on Friday (March 28, 2025). 87% of funds will be spent on infrastructure projects, focusing on metro and road development. 

While approving the budget, Eknath Shinde said, “The Budget prioritises development and inclusive progress across all sectors in the Mumbai Metropolitan Region (MMR). This budget ensures the development of new metro corridors to water resource projects.”  

₹35,151.14 crore of the total expenditure will be spent on the metro line extensions, new tunnels, coastal routes, regional water source development, and major urban infrastructure works. The estimated revenue for the financial year 2025–26 is ₹36,938.69 crore, while the budget stands at ₹40,187.41 crore, resulting in a budgetary deficit of ₹3,248.72 crore. 

MMRDA Metropolitan Commissioner Dr. Sanjay Mukherjee presented the budget that is expected to accelerate development in the Mumbai Metropolitan Region, reduce travel time and distances, and ease traffic congestion. “This is not just a financial document — it is the blueprint for MMR’s future,” Dr. Sanjay Mukherjee added. 

Around 10,966 crores are allocated to various Metro lines, including Line 2B: D.N. Nagar – Mandale, Line four: Wadala-Kasarvadavali ₹3,247.51, Line five: Thane-Kalyan, Line six: Swami Samarth Nagar – Kanjurmarg, Line nine: Dahisar to Mira–Bhayandar and Line sevenA (Andheri to CSMIA), and Line 12: Kalyan – Taloja. The big ticket projects are the Thane to Borivali tunnel with the allocation of ₹2,684, regional water source development (Surya, Kalu, Dherji Projects) worth ₹1,645, coastal connectivity underground tunnel for ₹1,813.40, and the Uttan to Virar Coastal Project allocated ₹2,000. 

The new projects initiated for the financial year 2025–26 are Line five metro extension, Line 10 Gaimukh to Shivaji Chowk (Mira Road), Line 13: Shivaji Chowk to Virar, Line 14: Kanjurmarg to Badlapur, Railway Over Bridge (ROB) connecting Mira Road East and West, roads, creek bridges, and ROBs across Vasai–Virar, Road development works in Alibag Taluka and more. 

Calling the Mumbai Metropolitan Region as the backbone of Maharashtra’s economic development, Chief Minister Devendra Fadnavis said, “MMRDA has signed 11 MoUs amounting to ₹3.50 lakh crore, among 54 MoUs signed by the State worth ₹15.70 lakh crore, this reflects the strong global investor confidence in Maharashtra.”

MMRDA elaborated on the sources of expected revenue, with receipts from State Government – ₹2,082.00 crore, receipts from Land – ₹7,344.00 crore, borrowings – ₹22,327.35 crore, project operations revenue – ₹305.27 crore, government grants/TDR, and more.