315Work Avenue to Expand by 2 Mn Sq Ft in FY26, Targeting 5 Mn Sq Ft

03 Apr 2025 CW Team

315Work Avenue, a leading co-working space provider in India, has announced plans to expand by 2 million sq ft in the next year, bringing its total managed space to 5 million sq. ft. The company will invest Rs 4 billion (bn) to fuel this growth, targeting both new cities and existing markets.

Currently managing 3 million sq. ft across 60,000 seats in Bengaluru, Chennai, Hyderabad, Mumbai, and Pune, the company has leased 1.25 million sq ft over the past year to clients, including BNY Mellon, Tata Technologies, Muthoot, Urban Company, AstraZeneca, and others.

Manas Mehrotra, Founder, 315Work Avenue, stated: “The demand for flexible workspaces continues to grow, with corporates incorporating co-working into their real estate strategy to boost productivity and optimize costs. Our expansion aligns with the sector’s transformation into a mainstream commercial real estate asset class.”

315Work Avenue aims to expand into 10-12 cities within two years, leveraging technology and customized solutions to enhance customer experience. With India’s co-working sector projected to grow at over 20 per cent annually, reaching 100 million sq ft by 2030, the company is well-positioned to capitalise on rising demand.

India’s office sector saw record leasing in 2024, with 89 million sq ft of gross leasing volume, led by Bengaluru at 29 per cent (25 million sq. ft), according to Cushman & Wakefield. With flexible workspaces gaining traction, 315Work Avenue’s expansion will solidify its role as a key player in India’s evolving office market.

Photo: MAITRI

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..