The City and Industrial Development Corporation (CIDCO) has announced its largest-ever annual budget of ₹14,130 crores for the financial year 2025-26, setting a new benchmark in urban development and infrastructure planning. The budget was presented by Shri Vijay Singhal, Vice Chairman and Managing Director of CIDCO, on March 28, 2025.
Out of the ₹14,130 crore in expected receipts, CIDCO has allocated ₹14,120 crores for expenditures, marking a significant investment in key infrastructure and housing initiatives across Navi Mumbai and the broader CIDCO jurisdiction.
Major Allocations: Strengthening Urban Foundations
The 2025–26 budget reflects CIDCO’s continued commitment to world-class urban infrastructure. The substantial allocations underscore the development of key projects including:
- Navi Mumbai International Airport (NMIA)
- Mass Housing Scheme
- NAINA (Navi Mumbai Airport Influence Notified Area)
- Metro Network Expansion
- International Educity
- Water Supply Schemes
- Connectivity Projects like Ulwe Coastal Road and Kharghar-Turbhe Link Road
- Railway Enhancements
- Thane Cluster Development
- International Corporate Park
- New Town Projects
CIDCO Budget 2025–26: Expenditure Breakdown
| Sr. No. | Project | Amount (₹ in Crores) |
|---|---|---|
| 1 | General Budget | 6868.46 |
| 2 | Housing | 3251.38 |
| 3 | Metro | 625.48 |
| 4 | Water Supply | 1120.50 |
| 5 | Railway | 653.63 |
| 6 | NAINA | 527.13 |
| 7 | New Towns | 1073.42 |
| Total | 14,120 |
Leadership Vision: A City-Making Legacy
Speaking on the occasion, Shri Vijay Singhal said:
“CIDCO’s projects such as Navi Mumbai International Airport, NAINA, International Educity, and Mass Housing Scheme are at a critical stage. Alongside these, essential schemes like connectivity and water supply have received substantial support in the budget. This will ensure timely completion and benefit the common citizens.”
CIDCO has been a pillar in city-making for over 55 years, spearheading large-scale infrastructure and planning initiatives. The corporation has played a vital role in transforming Navi Mumbai into one of India’s most well-planned cities.
Focus on Transparency and Digital Governance
The 2025-26 budget emphasizes transparency, accountability, better accounting practices, and performance, reinforcing CIDCO’s governance reforms. The continued shift towards e-governance also highlights the corporation’s focus on efficient service delivery and public access to information.
A Budget with Vision
With this record-high budget, CIDCO aims to fast-track the completion of critical infrastructure that supports the growth of Navi Mumbai as an international business and lifestyle destination. The investments also reflect a strong commitment to inclusive urban development, housing, connectivity, and sustainability.
CIDCO’s financial planning and execution continue to play a vital role in the state’s economic and infrastructure landscape, and this new budget sets the stage for a dynamic and progressive financial year ahead.
