315Work Avenue has recently leased a workspace in Bangalore to Urban Company for a period of 60 months, adding to the ever-growing demand for coworking spaces. The workspace is situated at Krimson Square, Hosur Road, HSR Layout in Bangalore, India.
Urban Company, which was established in 2014, is currently the most extensive technology marketplace in Asia for home services, providing customers with various options such as beauty & spa at home, cleaning, plumbing, carpentry, appliance repair, painting, and many more services through its mobile app & website.
In Bengaluru, Mumbai, and Pune, 315Work Avenue operates over 35,000 seats across several locations, making it one of the largest players in the coworking industry.
According to Manas Mehrotra, the founder of 315Work Avenue, “This deal is a further testament to the rising demand for the coworking sector where companies have realized the benefits of flexible working and are increasingly shifting from a centralized conventional office to decentralized and distributed flex offices for their workforce.”
On the other hand, Gaurav Bajetha, VP of Global Workplace, Administration & Risk Management at Urban Company, said, “We are now more focused on investing in employee well-being and finding sustainable ways to conduct our business.”
JLL played a vital role in assisting Urban Company in sourcing and securing their workspace in Bangalore from 315Work Avenue.
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