BMC Budget 2024-25: Key Highlights and Major Infrastructure Projects

In a bid to bolster Mumbai’s infrastructure and enhance its civic amenities, the Brihanmumbai Municipal Corporation (BMC) has announced the budget for the fiscal year 2024-25. With an allocated budget of INR 59,954.75 Crore, representing a 10.50% increase compared to the previous year, the BMC aims to propel the city towards a brighter and more sustainable future.

The estimated revenue income for the financial year 2024-25 is proposed at INR 35,749.03 Crore which is INR 2459 Crore more than budget estimates for 2023-24. The BMC Budget 2024 focuses on health, infrastructure, cleanliness, and pollution control, with the highest allocation of INR 31,774.59 Crore reserved towards Infrastructure projects.

Also Read: Interim Budget 2024-25: A Glimpse into Bharat’s Prosperous Future

Highlights of BMC Budget – 2024

Coastal Road Project (South)

The BMC has allocated INR 2900 Crore for the Coastal Road Project, which is being developed in four packages – Package I, II, III, and IV. While Package I nears completion at an impressive 99%, Packages II and IV are making substantial progress, with Package IV’s tunnel excavation already completed.

Anticipated to be partially operational by February 2024, this project is slated for full completion by May 2024, promising enhanced connectivity and reduced traffic congestion along Mumbai’s coastline.

Mumbai Coastal Road Project (Varsova to Dahisar Interchange) and GMLR Connector

Expanding on the Coastal Road Project, the Varsova to Dahisar Interchange and GMLR Connector, with a budget allocation of INR 4,250 Crore, underscores BMC’s commitment to modernizing Mumbai’s transportation infrastructure. Comprising six packages – A, B, C, D, E, and F and adhering to international quality standards, this project is poised to revolutionize connectivity between Mumbai’s southern tip and western suburbs, extending to Mulund and Thane.

The total cost of this project is INR 35,955.07 Crore and is currently under the tendering process. It is anticipated to be completed within 48 months of commencement.

Goregaon Mulund Link Road (GMLR)

The Goregaon Mulund Link Road (GMLR), with a budget provision of INR 1,870 Crore, is progressing across its four phases. Noteworthy milestones include Phase 1 to be operational in May 2024 and Phase 2’s scheduled opening in May 2025.

Phase 3 is divided into two subsections, with phase 3a expected to be operational by January 2025, with the progress at 22%.

Phase 3b features a 1.6km Box tunnel and a 4.7km twin tunnel, initiated in November 2023, set to conclude by October 2028, with Rehabilitation of PAP at 10% completion, slated for July 2024. Meanwhile, Phase 4 remains in the planning stage.

Proposed Transportation & Commercial hub on the Octroi Naka, Dahisar and Mankhurd

BMC has proposed a Transportation & Commercial Hub at the Octroi Naka, Dahisar, and Mankhurd intending to integrate various modes of transport such as BEST, Metro, and Para transit systems while alleviating traffic congestion. The project will include the development of a Transportation Hub, Commercial/Office Spaces, Retail Spaces, Transit Hotel, Convention Centre, Exhibition Centre etc. BMC has conducted a traffic survey for the same.

Bridge Department

The Bridge Department has been provided with a budget allocation of INR 4852.03 Crore towards initiatives like the construction of elevated roads and bridges over key water bodies. Key projects at the planning stage undertaken by the Bridge Department include:

• Construction of an Elevated Road and establishing East-West connectivity over Khar Subway and Bandra Terminus
• Construction of a Bridge over Madh – Versova Creek K/West and P/North Ward

Mithi River

Development and Pollution Control of the Mithi River is currently under progress with 95% widening and deepening work and 90% retention wall work completed. The project is divided into 4 packages, with Package I completed and Package II, and IV at 50% and 60% completion, respectively.

Package III worth an estimated project cost of INR 3067.55 Crore is currently under the administrative approval stage whereas a draft tender has been prepared for the same.

BMC has provided an allocation of INR 451.75 Crore for the development work of the Mithi River in this year’s Budget.

Healthcare Department

BMC has allocated INR 1915.12 Crore towards the Health department. The allocation for major hospitals is INR 2231.60 crore, for medical colleges it is INR 602.72 crore, specialized hospitals receive INR 336.44 crore, and peripheral hospitals are allocated INR 1567.90 crore.

Notable projects include –

• Construction of 1050 bedded EMS building and Redevelopment of Rajawadi Hospital Ghatkopar, in a phased manner. The project is currently under tendering process while a consultant has already been appointed for the same.
• Redevelopment of 500 bedded K.M.J. Phule Hospital at Vikhroli – The Plan has been approved by MHADA and the tendering process is underway.

Water Conveyance tunnel from Kasheli to Mulund

Under the water sector, the budget highlights the proposed water conveyance tunnel from Kasheli to Mulund, with a budget of INR 350 Crore. Aimed at providing an alternative to existing surface water pipelines, this initiative underscores BMC’s proactive stance towards mitigating water scarcity and ensuring the city’s resilience in the face of future challenges. Currently, the tender invitation for this project is under process.

BMC’s Budget 2024-25 represents a comprehensive roadmap towards transforming Mumbai into a more livable, resilient, and sustainable metropolis. Through strategic investments in infrastructure, healthcare, and environmental conservation, BMC reaffirms its commitment to shaping a brighter future for the city and its residents.

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Source: Budget Speech

Also Read: Leading voices share their thoughts on the Interim Budget 2024 (biltrax.com)

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Disclaimer: The information in this article is gathered using data from Biltrax Construction Data’s proprietary platform. This article uses feature images that may not be representative of the project; they are merely for illustration purposes.