05 Mar2026
MMRDA Unveils Surplus Budget with Major Allocation for Infrastructure
The Mumbai Metropolitan Region Development Authority (MMRDA) has presented a surplus budget of ₹48,072 crore, with a significant 87% allocated to infrastructure projects, including ₹4,000 crore for the development of Mumbai 3.0 New Town. This budget prioritizes planned urban expansion, improved connectivity, and enhanced urban services, aiming to boost the region's infrastructure ecosystem.
Source: Construction Mirror