BBMP Unveils Rs 199.3 Bn Budget for 2025-26 with Focus on Infrastructure
ROADS & HIGHWAYS

BBMP Unveils Rs 199.3 Bn Budget for 2025-26 with Focus on Infrastructure

The Bruhat Bengaluru Mahanagara Palike (BBMP) has announced its Rs 199.30 billionbudget for the financial year 2025-26, a significant increase from last year's ?12,371.63 crore outlay. The budget incorporates major infrastructure projects, including tunnel roads, a sky deck, a double-decker flyover, and white-topped roads, aligning with the state budget’s vision.

Major Allocations and Revenue Generation A significant portion of the budget—Rs 420 billion —has been earmarked for tunnel roads, with Rs 177.80 billion specifically allocated for constructing tunnels along NH-7 from Hebbal to Hosur Road up to Silk Board. The project will be funded through a viability gap model, with 40% of the cost financed by the government and BBMP through bank loans, while the remaining 60% is expected to come from concessionaires.

BBMP Chief Commissioner Tushar Girinath stated that the civic body has identified seven lakh properties outside its tax net, which will now be brought under taxation, enhancing revenue collection. BBMP aims to generate Rs 57.16 billion from property tax this fiscal year, alongside an additional ?685 crore from garbage service charges and advertising revenues.

To streamline infrastructure projects, a special purpose vehicle has been created. Additionally, Rs 700 crore has been allocated for ‘Brand Bengaluru’ initiatives, while Rs 14 billionhas been dedicated to solid waste management. A further Rs 40 crore has been earmarked for IT-enabled services, artificial intelligence, and digital tools to improve governance.

BBMP Special Commissioner (Finance) Harish Kumar noted that infrastructure funding has increased by ?4,000 crore compared to the previous year, reinforcing the city’s commitment to large-scale development projects.

The Bruhat Bengaluru Mahanagara Palike (BBMP) has announced its Rs 199.30 billionbudget for the financial year 2025-26, a significant increase from last year's ?12,371.63 crore outlay. The budget incorporates major infrastructure projects, including tunnel roads, a sky deck, a double-decker flyover, and white-topped roads, aligning with the state budget’s vision. Major Allocations and Revenue Generation A significant portion of the budget—Rs 420 billion —has been earmarked for tunnel roads, with Rs 177.80 billion specifically allocated for constructing tunnels along NH-7 from Hebbal to Hosur Road up to Silk Board. The project will be funded through a viability gap model, with 40% of the cost financed by the government and BBMP through bank loans, while the remaining 60% is expected to come from concessionaires. BBMP Chief Commissioner Tushar Girinath stated that the civic body has identified seven lakh properties outside its tax net, which will now be brought under taxation, enhancing revenue collection. BBMP aims to generate Rs 57.16 billion from property tax this fiscal year, alongside an additional ?685 crore from garbage service charges and advertising revenues. To streamline infrastructure projects, a special purpose vehicle has been created. Additionally, Rs 700 crore has been allocated for ‘Brand Bengaluru’ initiatives, while Rs 14 billionhas been dedicated to solid waste management. A further Rs 40 crore has been earmarked for IT-enabled services, artificial intelligence, and digital tools to improve governance. BBMP Special Commissioner (Finance) Harish Kumar noted that infrastructure funding has increased by ?4,000 crore compared to the previous year, reinforcing the city’s commitment to large-scale development projects.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement