315Work Avenue has expanded its presence by leasing 56,000 square feet of office space at International Tech Park Pune (ITPP), following a previous lease of 44,000 square feet in the same tech park. ITPP, a Grade A technology park developed by Ascendas-Singbridge, spans 2.5 million square feet. With six centers across 0.6 million square feet in Pune, 315Work Avenue now offers around 12,000 workstations. The company manages a total portfolio of approximately 2.5 million square feet and 50,000 workstations in Bengaluru, Chennai, Mumbai, and Pune, with plans to expand into New Delhi & NCR and Hyderabad.
315Work Avenue, a prominent provider of coworking spaces, has recently expanded its footprint by securing a lease for a substantial 56,000 square feet of office space at the International Tech Park Pune (ITPP) located in Kharadi, Pune.
This new lease follows the company's previous acquisition of 44,000 square feet within the same tech park. ITPP, renowned for its Grade A classification, spans an impressive 2.5 million square feet and is the result of a collaborative development effort by Ascendas-Singbridge.
Currently, 315Work Avenue operates six centers throughout Pune, encompassing a total of 0.6 million square feet and offering around 12,000 workstations. This expansion underscores the company's commitment to meeting the growing demand for flexible workspace solutions in the region.
The company's overall portfolio now includes approximately 2.5 million square feet of office space, accommodating about 50,000 workstations across major cities such as Bengaluru, Chennai, Mumbai, and Pune. Looking ahead, 315Work Avenue is strategically aiming to broaden its geographical presence with upcoming expansions planned for New Delhi & NCR and Hyderabad.
315Work Avenue's recent lease expansion at International Tech Park Pune highlights its aggressive growth strategy and commitment to enhancing its coworking space offerings. With an expanded footprint in Pune and a significant portfolio across major Indian cities, the company is well-positioned to cater to the rising demand for flexible office environments. Its plans for further expansion into New Delhi & NCR and Hyderabad underscore its ambition to strengthen its presence in key markets. This move not only solidifies 315Work Avenue's market position but also sets the stage for continued growth and increased operational reach in the coworking sector.
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