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Raising capital for infra projects: BMC floats plan to appoint bank for issuing municipal bonds

May 26, 2026 10:16 pm

Faced with a ₹2.13 lakh crore infra liability, the BMC plans to appoint a merchant bank to issue municipal bonds.

BMC commissioner Bhushan Gagrani (right) and Standing Committee Chairman Prabhakar Shinde (centre) present BMC's 2026-27 budget, in Mumbai on 25 February 2026. (Express Photo by Sankhadeep Banerjee)

Five civic infra projects account for 42% of BMC capital expenditure

February 25, 2026 10:24 pm

During his budget speech, Municipal Commissioner Bhushan Gagrani said the focus on upgrading existing infrastructure was aimed at improving civic services.

BMC commissioner Bhushan Gagrani presents BMC's 2026-27 budget, in Mumbai on 25 February 2026.

BMC unveils Rs 80,952-cr budget with 60% push for capital works

February 25, 2026 8:16 pm

No new big ticket infrastructure project was announced as the civic body focused on pushing the existing projects along with augmenting water supply in the city involving the Gargai Dam project

BMC budget tomorrow, several big projects of last year shelved or scaled down

February 24, 2026 10:44 pm

Several headline schemes from last year’s Rs 74,527 cr outlay await execution

Sources in the civic body stated that this year’s budget will have an imprint of the ruling Mahayuti regime in BMC comprising the Bharatiya Janata Party (BJP) and the Shiv Sena.

Big infra, water projects to get a push; property tax hike, bonds on the table

February 22, 2026 10:35 pm

First civic budget before Mayor since 2022 likely to prioritise Coastal Road Phase 2, GMLR and Gargai Pinjal dam

Shiv Sena’s poaching fear and Congress going solo: What coalition crises mean for Maharashtra's BMC polls

November 20, 2025 2:14 pm

For Sena (UBT), the BMC election seems to be a fight over the legacy of Sena; a struggle for Uddhav Thackeray to claim his father’s party’s glory that was first written in the BMC elections

Dropped in 2024, Rs 3,984 crore Madh-Versova bridge makes a comeback into BMC budget this year

February 06, 2025 3:40 pm

In this year’s budget, the BMC has made a token provision of Rs 19.75 crore for the Rs 3,984 crore cable-stayed bridge project connecting Madh Island with Versova.

Mumbai News Live Updates: rahul gandhi, supriya sule, Sanjay Raut in joint press conference, maharashtra polls, indian express

Mumbai News Live Updates: 'Found many irregularities in Maharashtra elections' says Rahul Gandhi in Joint Press Conference

February 07, 2025 10:19 pm

Mumbai News Live Updates: "As per government data, the population eligible to vote in Maharashtra is 9.54 crore. However, 9.7 crore people exercised their franchise in the Assembly polls. How is that possible?” asked Rahul Gandhi