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Contractor fined ₹2K a day for tenement work delay
The New Indian Express Chennai
|April 04, 2025
THE Tamil Nadu Urban Habitat Development Board (TNUHDB) Managing Director Anshul Mishra has imposed a daily penalty of ₹2,000 on M/s Ramalingam Construction Company (P) Ltd for failing to meet the required construction progress on the Andimaniyam Thottam tenement project near Mandaveli.
Despite a contractual expectation of completing 45% of the work by this stage, the contractor has made only 15% progress, resulting in significant delay.
The contract, awarded on August 23, 2024, involves the construction of 702 multi-storey residential units across four blocks within a stipulated 18-month completion period at a cost of ₹118.53 crore.
Denne historien er fra April 04, 2025-utgaven av The New Indian Express Chennai.
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FLERE HISTORIER FRA The New Indian Express Chennai
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