Smartworks Coworking Spaces has leased nearly 4.92 lakh sq ft at Sattva Aura in Bengaluru’s Outer Ring Road corridor from Sattva Group. The expansion comes amid rising demand from GCCs and large enterprises for managed office solutions, reinforcing Bengaluru’s position as India’s leading flexible workspace and technology hub.
India’s flexible office market is witnessing another major expansion move as Smartworks Coworking Spaces has leased close to 4.92 lakh sq ft at Sattva Aura on Bengaluru’s Outer Ring Road. The large-scale transaction with Sattva Group highlights the growing appetite among enterprises, multinational firms, and Global Capability Centres (GCCs) for scalable, employee-centric office environments.
The newly leased campus strengthens Smartworks’ presence in one of India’s most active commercial office corridors, home to several technology companies and multinational corporations. Bengaluru continues to dominate office demand due to its thriving startup ecosystem, expanding GCC presence, and strong technology-driven economy. The latest lease also signals continued confidence in flexible office models as companies increasingly move away from conventional long-term workplace strategies.
Bengaluru Continues to Lead Flexible Workspace Growth
Smartworks Founder and Managing Director Neetish Sarda emphasised the city’s strategic importance to the company’s expansion plans. “Bengaluru remains an important enterprise market for the company, especially due to the continued growth of GCCs and technology-led businesses,” he said. His statement reflects how enterprise occupiers are increasingly looking for agile workplace solutions that can adapt to changing workforce needs and business growth.
Industry experts believe Bengaluru’s office market remains resilient because of sustained demand from sectors such as technology, engineering, financial services, and innovation-driven businesses. Key micro-markets, including Outer Ring Road, Whitefield, and North Bengaluru, have become hotspots for managed workspace operators looking to capture enterprise demand.
GCC Demand Reshaping Workplace Strategy
Sattva Group also highlighted that enterprise expectations are rapidly evolving in the post-pandemic workplace. Shivam Agarwal, Vice President Strategy at Sattva Group, said, “Enterprises and GCCs are increasingly seeking flexible and high-quality office environments.” He further noted that companies are reassessing workplace strategies to improve collaboration, employee retention, and productivity in an AI-focused business landscape.
The deal mirrors a wider trend across India’s commercial real estate sector, where flexible workspace providers are taking large office campuses on long-term leases and converting them into fully managed enterprise hubs. These facilities offer integrated workplace services, operational flexibility, and cost-efficient solutions for occupiers looking to scale quickly without heavy infrastructure investments.
India’s Managed Office Sector Maintains Momentum
Smartworks has continued expanding aggressively across major cities. As of March 31, 2026, the company operated 16.1 million sq ft across 66 centres in 15 cities in India and Singapore. Its portfolio primarily caters to medium and large enterprises through customised managed campuses.
Colliers India’s market data further underscores the sector’s momentum. Gross office leasing across seven major Indian cities rose 6 per cent in 2025 to 71.5 million sq ft, while flexible workspace operators accounted for nearly 13 million sq ft of total leasing activity. The numbers reinforce the growing influence of coworking and managed office providers in shaping the future of India’s commercial real estate market.
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