India, March 21 -- The Vasai-Virar City Municipal Corporation (VVMC) has raised property tax by 15% and doubled water tax in its Rs.4,208 crore budget for 2026-27, citing a revenue shortfall.

Municipal commissioner Manoj Kumar Suryavanshi presented the revised budget on Friday, up from Rs.3,194.71 crore last year. The budget also proposes to increase the capital grant to Rs.642.61 crore from Rs.320.78 crore.

Suryavanshi said the hike was necessary because the civic body did not meet expected income targets from property tax, water charges and other fees in the current financial year. He added that water tax was increased due to high supply costs.

Civic officials said the decision follows a shortfall in expected revenue from property ta...