Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
The Pimpri Chinchwad Municipal Corporation (PCMC) has proposed a INR 9,675.27 crore budget for 2025-26, focusing on infrastructure, green development, and social welfare while keeping property tax unchanged. Key projects include DP road construction, water supply improvements, and Indrayani river revitalization. A drone survey added 2.5 lakh properties to the tax net, with QR-coded property records planned. INR 200 crore green bonds will fund non-motorized transport and eco-friendly projects. Investments in sanitation, health, education, and fire safety are also prioritized. With INR 1,000 crore more than last year's budget, PCMC aims for sustainable urban growth and improved public services.
The Pimpri Chinchwad Municipal Corporation (PCMC) has submitted a budget of INR 9,675.27 crore for the financial year 2025-26, leaving property tax unchanged. The budget focuses on major infrastructure projects, including the completion of DP (development plan) roads, the improvement of the city's water supply, CCTV surveillance in civic-run schools, and the revitalization of the Indrayani river. Advertisement
Commissioner Shekhar Singh pointed out that more than 2.5 lakh properties were discovered through last year's drone survey. These will be taxed in stages, and the process of geo-tagging and adding new properties to the tax net set to speed up. The civic body also intends to introduce one-of-a-kind QR codes for all registered properties in order to simplify property records. A new policy will reinvest about 10% of the property tax raised from each zone back into infrastructure works in that zone. This was one of the 763 ideas proposed by residents as part of a participatory budget process.
For road development, the budget focuses on finishing 34 DP roads and 36 missing road links to improve daily commutes. Important areas like Ravet, Kiwale, Punawale, and Wakad will face extensive road works, and afterwards, Charholi, Chakan, and Moshi will also experience some road work. A total amount of 48.94 km of DP roads have been scheduled with INR 900 crores, while 11.3 km missing road links with an estimate of INR 122 crores will be achieved. 25 junctions around Pimpri Chinchwad have been assigned to facilitate smoother traffic movements. Concurrently, the National Highways Authority of India plans to start building an eight-lane elevated road through Chakan, with a proposal for land acquisition worth INR 262 crore being sent to the state government.
The budget has allocated INR 1,960 crore for infrastructure activities, such as a jackwell project to improve the city's water supply. A 28 MLD storage capacity water tank will be developed at Durga Devi Tekdi. The Bhama Askhed jackwell scheme is slated for completion in October 2025, and a new pipeline will be constructed for tapping water from the Andra dam, minimizing wastage and evaporation losses.
As a step towards green development, PCMC is going to float green bonds of INR 200 crore in the next financial year. The money raised will be used to fund non-motorised transport schemes and green projects such as Harit Setu that enhance last-mile connectivity. Other municipal corporations like Vadodara, Ahmedabad, Ghaziabad, and Indore have already used green bonds to fund such projects successfully. PCMC was assigned an AA+ stable rating for its proposed green bonds last year by Crisil. The money will be invested in the construction of cycling tracks, pedestrian-friendly facilities, and green transport options to lower carbon emissions, alleviate traffic jams, and enhance air quality. The state government gave its approval for these bonds recently, after a delay of eight months since the standing committee had proposed it in mid-2024.
The civic body is also looking at waste disposal and sanitation by acquiring recyclers for preventive maintenance. These will be made available to all zonal offices to clear drainage system blockages. New sewage treatment plants are also proposed at Kiwale and other areas to enhance wastewater management. Health and education are also being addressed in the budget, with the intention of setting up health and wellness centres at 70 sites. CCTV cameras in schools run by PCMC will be increased, and the classroom library program will be implemented in 50 additional schools. In addition, English-medium schools have been planned in Kasarwadi and Bhosari to enhance access to quality education.
The budget allocates INR 112 crore for the recouping of the Indrayani river and INR 56 crore towards the modernizing of the vehicle fleet of the fire department. Among other schemes of social welfare, PCMC intends to pay financial assistance to children of sanitation workers and setting up a one-stop centre for elderly citizens. The 2025-26 budget is around INR 1,000 crore more than the last year's allocation of INR 8,676 crore, indicating the civic body's intention towards infrastructure growth, green growth, and social welfare.
PCMC's budget for 2025-26 highlights a balanced strategy with an emphasis on infrastructure development, green urban planning, and social welfare. With significant investments in road infrastructure, water supply, and waste disposal, the city is looking to upgrade public amenities and the quality of life of the citizens.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
