315Work Avenue Expands its Footprint in Pune, Reaches 1 Lakh Square Feet Milestone
315Work Avenue leases additional 56,000 sq ft office space at ITPP, Pune, aiming to expand significantly in the near future.
Coworking SpacesOffice SpacePuneItpp315work AvenueReal Estate MumbaiSep 12, 2024
The coworking company had earlier leased 44,000 sq ft at ITPP. With this expansion, 315Work Avenue now has six centers spread across 0.6 million sq ft in Pune, with leading developers like Ascendas, Panchshil, and Raheja. The company has a total of around 12,000 seats in Pune and is aiming to expand significantly in the near future.
ITPP, strategically located near the Pune Lohegaon International Airport, is a Grade A, 2.5 million sq ft tech park developed by Ascendas-Singbridge. It is part of the well-established IT hub of Kharadi in the North Eastern corridor of the city.
The property offers spacious and skillfully designed commercial office space with easy access to markets. The structure provides all elements of comfortable and convenient working with contemporary, cutting-edge infrastructure and modern amenities.
315Work Avenue currently handles a portfolio of around 2.5 million sq ft of space, totaling around 50,000 seats across multiple prime locations in Bengaluru, Chennai, Mumbai, and Pune. The company is also looking to spread its geographical footprint in New Delhi & NCR and Hyderabad market and strengthen its presence in the current markets.
Commenting on the development, Mr. Manas Mehrotra, Founder, 315Work Avenue said, “Pune’s coworking market has seen significant growth during the last few years, led by a burgeoning young population, the presence of large tech corporates, and the proliferation of numerous startups.”
Frequently Asked Questions
What is the total office space leased by 315Work Avenue in Pune?
1 lakh sq ft
How many seats does 315Work Avenue have in Pune?
around 12,000 seats
What is the location of ITPP in Pune?
near the Pune Lohegaon International Airport
What is the total portfolio of 315Work Avenue across multiple locations?
around 2.5 million sq ft of space, totaling around 50,000 seats
What are the future plans of 315Work Avenue?
The company is looking to spread its geographical footprint in New Delhi & NCR and Hyderabad market and strengthen its presence in the current markets.
Related News Articles
Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case
A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.
Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali
According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.
AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work
Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.
ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal
The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.
Mumbai Sees Record-Breaking Property Registration in March 2025
Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.
Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025
Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.