Mumbai Votes in BMC Polls to Fix Ailing Infrastructure; BJP Aims for Historic Win
City
M
Moneycontrol•15-01-2026, 07:30
Mumbai Votes in BMC Polls to Fix Ailing Infrastructure; BJP Aims for Historic Win
- •Mumbai holds long-overdue BMC elections to elect new councilors for its Rs 80,000 crore budget, aiming to upgrade infrastructure.
- •The city plans a $30 billion infrastructure overhaul, including new bridges, roads, underground rail, and slum redevelopment.
- •Prime Minister Narendra Modi prioritizes Mumbai's infrastructure to attract foreign capital and match India's global ambitions.
- •The BJP, allied with Eknath Shinde's Shiv Sena faction, seeks to capture Mumbai for the first time, with results due January 16.
- •Despite infrastructure challenges, Mumbai sees booming commercial real estate and renewed interest from global financial firms like BlackRock and HSBC.
Why It Matters: Mumbai's BMC elections are crucial for its infrastructure future, with BJP aiming for a significant win.
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