The Aluva municipality’s Budget for 2026-27 focussed on infrastructure development with the construction of a modern shopping complex as well as the renovation the municipal Town Hall finding key allocations.
The municipality’s surplus Budget, presented by vice-chairperson Fazil Hussain on Friday (March 7, 2026), has estimated a revenue of ₹141 crore and expenditure to the tune of ₹134 crore.
One of the key proposals in the Budget is to construct a modern shopping complex after demolishing the old one at the Aluva Railway Station Square. Though the proposal was already in place, it has remained in limbo following a litigation filed by licensees in the existing building. “The council intends to evacuate the remaining licensees and construct a new shopping complex at a cost of ₹10 crore. The fund for the same is expected to be found through loans and assistance from other sources,” according to the Budget.
The Mahatma Gandhi Municipal Town Hall will be renovated at a cost of ₹6 crore, to be sourced through loans, the Budget said. It is aimed at converting it into a major source of income for the local body. The Budget also proposes to renovate the Priyadarshini Municipal Town Hall at a cost of ₹25 lakh.
