India, April 1 -- The Panvel Municipal Corporation (PMC) has presented a Rs.4,853.90 crore budget for 2026-27, laying out an infrastructure-led roadmap centred on water supply, roads, sanitation and civic amenities, while projecting a marginal surplus of Rs.10 lakh.

Municipal commissioner Mangesh Chitale tabled the budget on Tuesday before the standing committee chaired by Baban Mukadam, outlining a financial strategy aimed at sustaining Panvel's rapid urban growth through a mix of capital investments and improved service delivery.

The corporation has projected total receipts of Rs.4,853.90 crore, with a significant reliance on an opening balance of Rs.1,362.30 crore, accounting for over 28% of the total income. Property tax recovery fo...