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Sources said priority has been given for footpaths, health centers and skywalks.
The people of Bengaluru, who have faced the worst floods during the rainy season and been putting up with pothole menace, are looking forward for permanent solutions.
The floods, following unprecedented rains in Bengaluru, inundated IT companies, IT Parks, residential localities and made international headlines.
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The sources further said that the budget has been prepared under the guidance of the ruling BJP government in Karnataka and the BBMP Administrator since the past two months.
They explained that Chief Minister Basavaraj Bommai, who is also in-charge of Bengaluru Development portfolio, held a meeting with senior officers of BBMP recently and advised to add various schemes worth Rs 1,000 crore, considering the upcoming Assembly elections.
Bommai had announced Rs 9,000 crore funds for development of Bengaluru in the state budget.
The sources said that the emphasis would be laid on pedestrian safety.
The budget is aiming to collect Rs 5,000 crore from property tax and build BBMP offices in the newly formed wards.
(With IANS inputs)