Capex pegged at Rs 48,164 crore in BMC's Rs 80,952 crore budget

BMC Budget 2026-27: Mumbai's civic body plans a significant Rs 48,164.28 crore capital expenditure for 2026-27. This marks an 11.59% rise, focusing on infrastructure and special projects. The total budget reaches Rs 80,952.56 crore. Key allocations include coastal road and sewage treatment plants. Revenue is projected to increase, with compensation against octroi abolition remaining the largest source.