Latest StoriesRegulatory

Delhi Civic Revenue Soars 17% to ₹14,549 Crore in 2025-26

NEW DELHI: The Municipal Corporation of Delhi (MCD) achieved its highest annual revenue of Rs 14,549.06 crore for the financial year 2025-26, marking a 17.27% increase from the previous year, as reported by officials on Tuesday. According to MCD standing committee chairperson Satya Sharma, total revenue soared from Rs 12,406.75 crore in 2024-25 to Rs 14,549.06 crore in 2025-26, representing an increase of Rs 2,142.31 crore. “MCD’s own revenue rose from Rs 9,400.20 crore to Rs 11,239.24 crore during this period, indicating a growth of 19.56%. Additionally, revenue and grants from the Delhi government climbed from Rs 2,983.87 crore to…

InfrastructureLatest Stories

Delhi: MCD Marks 4,766 Unauthorised Buildings; 22 Demolished

NEW DELHI: In 2025, the Municipal Corporation of Delhi identified 4,766 unauthorized constructions across the city and issued 3,989 demolition orders, as per official reports. The civic body disclosed that demolition or sealing actions were undertaken against 3,294 properties under the provisions of the Delhi Municipal Corporation (DMC) Act. Of those, 22 structures were completely demolished, 2,249 were partially demolished, and 1,023 properties were sealed. This data pertains to properties that were formally booked by the civic body for unauthorized construction or violations of approved building plans and regulations. According to Section 343 of the DMC Act, the Municipal Corporation…

IndustryLatest Stories

Delhi civic body suggests no property tax hike for FY27.

NEW DELHI: On Friday, Ashwani Kumar, the Municipal Corporation of Delhi (MCD) commissioner, unveiled a budget estimate of Rs 16,531 crore for the fiscal year 2026-27, maintaining no increase in property tax rates or new taxes for the third consecutive year. The corporation highlighted a significant growth in both its taxpayer base and tax revenue this year. By September, the number of property taxpayers rose by 19.8% compared to last year, surpassing the 1.2 million mark. Tax collection saw a 30% increase, yielding Rs 2,270 crore from property tax by September, up from Rs 1,589 crore year-on-year. A major proposed…