NEW DELHI: 315Work Avenue, a co-working space provider, plans to expand to two million sq ft of workspace over the next one year with an investment of around Rs 400 crore.
Manas Mehrotra, founder of the company said, “The demand has gained greater traction with corporates and MNCs continuing to make a beeline to co-working spaces that have emerged as strong centres of growth.”
The company currently manages three million sq ft space totalling around 60,000 seats across 45 locations in Bengaluru, Chennai, Hyderabad, Mumbai and Pune.
It wants to be present in about 10-12 cities over the next two years and touch five million sq ft in 2025.