NDMC presents budget surplus for 2026-2027; excludes an increase in property taxes

NDMC presents budget surplus for 2026-2027; excludes an increase in property taxes

2 minutes, 23 seconds Read

The New Delhi Municipal Council (NDMC) on Wednesday presented a surplus budget for the fiscal year 2026-27, projecting a net surplus of Rs 143.05 crore.During the announcement, the council also unveiled plans to install 2,000 CCTVs across Lutyens Delhi while confirming that property tax rates will remain unchanged.

Presenting the budget at a special council meeting, NDMC chairman Keshav Chandra said it has forecast total receipts of Rs 5,953.07 crore and total expenditure of Rs 5,810.02 crore for 2026-27, maintaining the trend of budget surpluses.Chandra stated that the budget also outlines plans for more than 2,000 additional CCTV cameras under the Safe City project.

“A world-class water supply control room, rehabilitation of sewerage and drainage systems and AI-based flood forecasting models will be implemented,” he added.


The President said the civic body aims to balance modern urban development with sustainability and heritage conservation.

“The New Delhi Municipal Council is the heart of our nation’s capital, and we must strike a balance between modernization and environmental conservation, while meeting the needs of our citizens, businesses and visitors,” Chandra said. According to the statement, key proposals include hydrogen and electricity generation from a sewage treatment plant in Bharti Nagar, expansion of solar energy with a target of 100 percent renewable energy by 2028, mechanized dust-free sanitation, Miyawaki afforestation and smart irrigation. systems, nightly cleaning of markets and the launch of a Night Bazaar.

NDMC vice-chairman Kuljeet Chahal said the council has earmarked significant expenditure on education, infrastructure and environmental sustainability in the 2026-2027 budget.

For world-class education, the council has allocated Rs 245.93 crore for holistic upgrades, focusing on basic literacy, integration of artificial intelligence and smart classrooms, Chahal added.

Chahal also stated that property tax rates will be streamlined in the coming months. Deliberations are ongoing and in the coming months “we will announce uniform tax rates for real estate and commercial properties.”

“In core infrastructure, major investments have been planned to strengthen essential utilities, with the electricity department receiving Rs 1,966.80 crore, including Rs 360.07 crore for capital works under the Revamped Distribution Sector Scheme.

“A pilot project for 24×7 water supply is underway in the Vinay Marg area, while rehabilitation of sewerage system worth Rs 556 crore has been carried out under the Urban Development Fund,” Chahal said.

According to the statement, on the environmental front, NDMC is working with TERI to achieve carbon neutral pathways and has set a target to transition to 100 percent renewable energy by 2028. Building on its national recognition as a ‘Super Swachh League City’ with a ‘5-star Garbage-Free City Rating’, the civic body is expanding night-time mechanized cleaning and scaling up the Anupam Colony Zero-Waste Model.

On the social front, NDMC plans to extend the liberalized medical healthcare program to contractual workers, enhance welfare benefits for SC/ST staff and continue investments in school education, sports infrastructure and skills training.

#NDMC #presents #budget #surplus #excludes #increase #property #taxes

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *