Good News For Pimpri Chinchwad Residents: No Increase In Property Taxes And Water Taxes In PCMC's Budget, Pune Budget Coming Soon

Good News For Pimpri Chinchwad Residents: No Increase In Property Taxes And Water Taxes In PCMC's Budget, Pune Budget Coming Soon

The PCMC budget for the financial year 2023-2024 was ₹7,128 crore, while the PCMC commissioner presented the 2024-2025 budget at ₹8,676 crore.

Indu BhagatUpdated: Friday, February 21, 2025, 06:48 PM IST
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Good News For Pimpri Chinchwad Residents: No Increase In Property Taxes And Water Taxes In PCMC's Budget, Pune Budget Coming Soon | Twitter/@pcmcindiagovin

Pimpri-Chinchwad Municipal Corporation (PCMC) Commissioner Shekhar Singh presented the municipal budget for the financial year 2025-26 before the Standing Committee on Friday.

The budget outlines an estimated expenditure of ₹6,256.39 crore, while the total outlay, including state and centrally sponsored schemes, stands at ₹9,675.27 crore. Notably, this year’s budget incorporates two innovative features—citizen participation and climate budgeting.

Speaking on the occasion, Singh expressed gratitude to the citizens for their active engagement in the budget process. "We received 2,279 suggestions from citizens, of which 786 have been incorporated into the budget. This participatory approach ensures that our budget aligns with the city’s developmental needs," he said.

However, with municipal elections on the horizon, the administrator has ensured that there will be no increase in property taxes or water charges, giving relief to the people of Pimpri-Chinchwad.

"This budget reflects our commitment to making Pimpri-Chinchwad an internationally recognised, sustainable and progressive city. Our financial planning prioritises infrastructure, economic growth and an improved quality of life for our citizens," he added.

For the ongoing fiscal year 2024-25, the projected revenue, including the opening balance, is ₹5,841 crore. For 2025-26, the expected revenue stands at ₹6,256.39 crore, with estimated expenditure at ₹6,251.39 crore, leaving a closing balance of ₹5 crore by March 2026.

To enhance property tax collection efficiency, PCMC is deploying advanced digital tools, including drone-based imaging. The upcoming year will see a strong focus on strengthening civic infrastructure, with major projects such as the PCMC City Centre, Annasaheb Magar Stadium, Samvidhan Bhavan, Industrial Training Centre for Excellence, a new administrative building and DP Road developments. Mobility improvements will focus on junction upgrades and green bridges.

Water supply projects, including the Bhama Askhed Water Supply Scheme and the Pavana Water Pipeline Project, will receive significant allocations. Other major initiatives include drainage system upgrades, enhanced fire safety infrastructure, climate action planning, integrated solid waste management and river rejuvenation efforts under the Mula-Pavana-Indrayani River Rejuvenation Project.

Additionally, PCMC is expanding educational infrastructure, deploying CCTV monitoring systems in schools, setting up new municipal schools, and developing the Talawade Biodiversity Park and Bahinabai Choudhary Zoological Park.

Key Budget Highlights:

Infrastructure Development: ₹1,962.72 crore

Special Urban Projects: ₹753.56 crore

Affordable Housing (BSUP): ₹1,898 crore

Gender Budget (Women-Centric Schemes): ₹83 crore

Welfare of Persons with Disabilities: ₹62.09 crore

Water Supply Infrastructure: ₹300 crore

Public Transport (PMPML): ₹417 crore

Land Acquisition: ₹100 crore

Encroachment Prevention: ₹10 crore

Smart City Initiatives: ₹50 crore

AMRUT 2.0 Scheme: ₹55.48 crore

Boxes -

Launch of Climate Budgeting Framework

PCMC has introduced a Climate Budgeting Framework, joining global cities like Oslo, London and New York in integrating long-term climate resilience with financial planning. Every rupee allocated in this budget aims to reduce carbon emissions and strengthen climate adaptability. So far, 324 municipal officials across six departments have undergone climate budgeting training.

Maharashtra’s first Municipal Green Bond initiative

Having raised ₹200 crore through municipal bonds in July 2023 for the Mula River Rejuvenation Project, PCMC is now set to launch Maharashtra’s first municipal green bond. This will fund the Harit Setu Project, developing the Telco Road stretch from Gawali Matha Chowk to Indrayani Nagar Chowk.

For the ongoing fiscal year 2024-25, the projected revenue, including the opening balance, is ₹5,841 crore. For 2025-26, the expected revenue stands at ₹6,256.39 crore, with estimated expenditure at ₹6,251.39 crore, leaving a closing balance of ₹5 crore by March 2026.

To enhance property tax collection efficiency, PCMC is deploying advanced digital tools, including drone-based imaging. The upcoming year will see a strong focus on strengthening civic infrastructure, with major projects such as the PCMC City Centre, Annasaheb Magar Stadium, Samvidhan Bhavan, Industrial Training Centre for Excellence, a new administrative building and DP Road developments. Mobility improvements will focus on junction upgrades and green bridges.

Water supply projects, including the Bhama Askhed Water Supply Scheme and the Pavana Water Pipeline Project, will receive significant allocations. Other major initiatives include drainage system upgrades, enhanced fire safety infrastructure, climate action planning, integrated solid waste management and river rejuvenation efforts under the Mula-Pavana-Indrayani River Rejuvenation Project.

Additionally, PCMC is expanding educational infrastructure, deploying CCTV monitoring systems in schools, setting up new municipal schools, and developing the Talawade Biodiversity Park and Bahinabai Choudhary Zoological Park.

Key Budget Highlights:

Infrastructure Development: ₹1,962.72 crore

Special Urban Projects: ₹753.56 crore

Affordable Housing (BSUP): ₹1,898 crore

Gender Budget (Women-Centric Schemes): ₹83 crore

Welfare of Persons with Disabilities: ₹62.09 crore

Water Supply Infrastructure: ₹300 crore

Public Transport (PMPML): ₹417 crore

Land Acquisition: ₹100 crore

Encroachment Prevention: ₹10 crore

Smart City Initiatives: ₹50 crore

AMRUT 2.0 Scheme: ₹55.48 crore

Launch of Climate Budgeting Framework

PCMC has introduced a Climate Budgeting Framework, joining global cities like Oslo, London and New York in integrating long-term climate resilience with financial planning. Every rupee allocated in this budget aims to reduce carbon emissions and strengthen climate adaptability. So far, 324 municipal officials across six departments have undergone climate budgeting training.

Maharashtra’s first Municipal Green Bond initiative

Having raised ₹200 crore through municipal bonds in July 2023 for the Mula River Rejuvenation Project, PCMC is now set to launch Maharashtra’s first municipal green bond. This will fund the Harit Setu Project, developing the Telco Road stretch from Gawali Matha Chowk to Indrayani Nagar Chowk.

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