Mumbai: The Brihanmumbai Municipal Corporation (BMC) presented its budget for the financial year 2025–2026 on Tuesday. BMC assigned an unprecedented budget of Rs 74,366 crore for the financial year 2025-26. The civic body budget allocated approximately Rs 4,000 crore for the Mumbai Coastal Road Project (Phase 2). BMC mentioned Phase 2, which will connect Versova and Dahisar.

The budget is a crucial component of the BMC's operations, as it outlines the key factors and the city's development, as well as what should be invested in and how to invest for the state. Coastal roads are crucial for Mumbai because they provide commuters with quick access and good connectivity, cutting the travel time between Marine Drive and Bandra-Worli Sea Link from 45 to 50 minutes to less than 10 minutes.

Mumbai Coastal Road Project (Phase 1)

The first phase of the Mumbai Coastal Road would be maintained, according to the budget, with Rs 1,516 crore allocated for the south section's completion. Project Coastal Road (Phase 1) The first phase began in March 2024 with the opening of 10.58 km of coastal road. Starting at BD Somani Chowk, 280 m before the Princess Street Flyover at Marine Drive, the path leads to Worli, where it joins the Bandra-Worli Sea Link (BWSL). Estimated cost of the Mumbai Coastal Road Project Phase 1 was ₹13,060 crore.

Mumbai Coastal Road Project (Phase 2)

Phase 2 is now underway in the Versova and Dahisar neighborhoods of Mumbai. BMC mentioned the total amount of 4000 crore rupees that was permitted for phase 2 in the budget for 2025–2026. BMC is keenly focusing on the Coastal Road Project to develop the city and to reduce the traffic issue of Mumbai

BMC Budget 2025-26 Other Highlights

The BMC budget also prioritizes waste management services and educational facilities. Among the greatest services in Mumbai, together with the roads such as the Goregoan Mulund Link Road and the concretization projects