AMC plans to blacklist 2 companies for delaying PMAY projects

AMC plans to blacklist 2 companies for delaying PMAY projects

Amdavad: The standing committee of the Amdavad Municipal Corporation (AMC) is planning to blacklist two construction companies due to delays in completing seven housing projects under the Pradhan Mantri Awas Yojana.

According to sources, the proposal to blacklist Jyoti Infratech and Vandemataram Projects Pvt Ltd will be presented in an upcoming standing committee meeting on May 18. If approved, the firms will face a five-year blacklist, the seizure of their bank guarantee, and penalties.

These projects, which consist of 6,370 units for economically weak, low, and middle-income groups, have a total cost of Rs 500 crore. DeshGujarat