Post by Prop News Time

The Municipal Corporation of Delhi (MCD) recorded its highest-ever annual revenue of INR 14,549.06 crore in FY2025-26, reflecting a 17.27% increase over the previous financial year. The growth was driven by higher collections from property tax, property transfer charges, advertisements, parking operations and leased municipal assets. MCD’s own revenue rose nearly 20% to INR 11,239.24 crore, while grants and revenue support from the Delhi government also increased. The performance comes despite the civic body continuing to carry liabilities exceeding INR 15,000 crore. Property tax and transfer charges remained the largest revenue contributors, while improved taxpayer participation and stronger non-tax income streams supported collections. The figures highlight the growing importance of municipal revenue generation in funding urban infrastructure and civic services across the national capital. To read more click on the link below:https://lnkd.in/dd3p3NPZ For more insights on the real estate sector download the PNT mobile application or visit the website:  https://propnewstime.com/ #MCD #DelhiNews #MunicipalRevenue #UrbanFinance #PropertyTax