Review committee wants to wave ₹40,000 per day penalty on Nagpur smart city contractors for delays
October 30, 2026
Marsares Editorial Team
A committee tasked with reviewing penalty-waiver applications from contractors engaged in Smart City initiatives is currently in session. These contractors have encountered delays stemming from various external hindrances impacting their work progress. The previously established penalties of Rs 40,000 per day could be rescinded based on the committee's evaluations. Recent discussions have revolved around specific land concerns and project-related packages that influence completion timelines.
Source: ET Realty