Articles & Latest News on Smartworks

Smartworks Bets ₹600 Crore on India’s Managed Office Boom 0

Smartworks plans to invest ₹550-600 crore in FY27 across existing and upcoming centres as demand for managed office space rises. The company has already signed over 3.5 million sq. ft. of future space. Strong enterprise demand, growing GCC business and long-term contracts support its expansion strategy.

Smartworks Expands Pune Footprint With 176,285 Sq. Ft. of New Workspace Capacity 0

Smartworks is adding around 176,285 sq. ft. of workspace capacity in Pune with an investment of up to ₹28 crore. The expansion is expected to be completed in August 2026. With strong existing utilisation and committed occupancy, the move highlights the operator’s continued focus on scaling its managed workspace presence.

Smartworks Expands Delhi-NCR Footprint with 1.41 Lakh Sq. Ft. Aerocity Centre 0

Smartworks Coworking Spaces has added approximately 1.41 lakh sq. ft. of flexible office space in Aerocity, Delhi-NCR, backed by an investment of up to ₹25 crore. The expansion comes as the company reports strong occupancy levels, reflecting sustained enterprise demand and continued confidence in India’s growing flexible workspace market.

Lloyds Realty Locks in ₹600 Crore Rental Revenue with 15-Year Smartworks Lease 0
- Industry News
- July 30, 2026
Lloyds Realty has signed a 15-year lease with Smartworks for its entire 182,300 sq ft commercial tower, The Square, in Mumbai’s Andheri East. The deal is expected to generate over ₹600 crore in rental revenue, strengthening the developer’s commercial portfolio while highlighting continued demand for premium managed office spaces.
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Smartworks Posts First Quarterly Profit as Enterprise Demand Drives 44% Revenue Growth in Q1 FY27 0
- Industry News
- July 27, 2026
Smartworks reported its first quarterly profit in Q1 FY27, posting a net profit of ₹13.14 crore and a 44% rise in revenue. Growth was driven by increasing demand from large enterprise clients and multi-city occupiers. The company also announced plans for the world’s largest managed office campus in Pune.
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Smartworks Expands Enterprise Presence with ₹55 Crore Pune Workspace Deal for L&T Technology Services 0
- Industry News
- July 21, 2026
Smartworks has signed a five-year agreement to provide over 1,100 managed office desks to L&T Technology Services in Pune. The ₹55 crore deal expands the partnership to 2,750 seats, highlighting the growing preference among large enterprises for flexible workspaces that offer scalability, operational efficiency, and faster office deployment.
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