315Work Avenue leases 800 seats to Square Yards in Amar Paradigm, Pune

Bangalore, March 09, 2022 : Coworking space provider, 315Work Avenue, has signed up 800 seats with Square Yards. This office space is located at Amar Paradigm, Baner, Pune. The new centre comes with all modern amenities and state-of-the-art facilities and customized spaces.

315Work Avenue currently manages around 20,000 seats spread over 1 million sq ft across multiple prime locations in Bangalore, Mumbai and Pune. The company also plans to add another 5 lakh sqft office space over a period of six months.

Commenting on the deal, Manas Mehrotra, Founder, 315Work Avenue said: “We are excited by the tie up with Square Yards and this deal reaffirms the potential created by the consistently rising demand of flexible workspaces amongst companies – startups, SMEs, mid-and large-sized enterprises that are looking to adopt hybrid workplace models, amidst the new normal. Corporates are gradually adopting a “core+flex” strategy as the concept of work from anywhere is far more prevalent and widespread today and flexible workspaces offer a great and refreshing office experience to clients. We have already witnessed a robust growth in this calendar year 2022 and have signed up around 3000 seats in the last 1 month and going forward, we remain optimistic about the high growth of coworking spaces.”

Commenting on the association, Anand Moorthy, CBO & Principal Partner – Asset Management Services & Data Intelligence, Square Yards said: “It is highly essential that we provide a workspace to employees that is in tune with our focus on positive work culture and innovation and 315Work Avenue meets all our requirements. We wanted to ensure a modern, tech-enabled, flexible workspace with a convenient commute to meet the demands of our exponentially growing workforce. Keeping in mind the rapidly evolving dynamics around the concept of the workplace, we took decisive action to move into the coworking space.”