India, April 8 -- The City and Industrial Development Corporation (CIDCO) has proposed an outlay of Rs.16,250 crore for 2026-27, with a strategic focus on leveraging the Navi Mumbai International Airport (NMIA) and aimed at an intensified push to scale up infrastructure, strengthen regional connectivity, and expand housing supply.

The proposed budget estimates receipts of Rs.16,250 crore against expenditure of Rs.16,150 crore, resulting in a projected surplus of Rs.100 crore. In 2025-26, CIDCO reported revised receipts of Rs.9,774.23 crore and expenditure of Rs.9,770.26 crore, with a surplus of Rs.3.97 crore.

"Our fiscal stability over the past year has given us the financial agility to act decisively," said Vijay Singhal, vice chairman...