Puravankara Projects lays off 100+ civil engineers
Completion and near completion of major big projects of Puravankara and lack of market response (due to which no new projects planned) are being quoted as the reasons for laying off over 100+ civil engineers.
Earlier DLF and Omaxe had taken similar steps.
Puravankara which employs over 750 people is going ahead with its "affordable housing" project.