India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Smartworks Coworking Spaces has leased 930+ seats in Pune to the Indian subsidiary of a UK-headquartered technology and professional services company. The five-year agreement is valued at ₹58 crore, taking the client’s total footprint with Smartworks beyond 1,730 seats and reinforcing the growing demand for enterprise-managed office solutions.
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Smartworks has expanded its Pune portfolio by adding 1,63,942 square feet of managed office space. Backed by a ₹25 crore investment, the new facility is expected to become operational in July 2026, supporting the company’s business growth as demand for enterprise-focused flexible workspaces continues to rise across India.
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Smartworks has completed the acquisition of Singapore-based Workstudio Spaces, expanding its managed workspace portfolio in the city to over 76,000 square feet across four centres. The deal adds more than 45 enterprise clients and over 1,500 seats, strengthening the company’s position in Singapore’s growing flexible workspace market.
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Smartworks has renewed its lease for approximately 2.3 lakh sq. ft. of office space at Aurobindo Galaxy in Hyderabad’s Madhapur district. The five-year agreement carries a total rental commitment of ₹121 crore, reflecting continued demand for managed workspaces as Hyderabad strengthens its position as a leading technology and GCC hub.
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Smartworks has expanded its Singapore footprint beyond 50,000 sq ft with the launch of a new 15,000+ sq ft managed office at Manulife Tower in the CBD. The move targets growing demand from Fortune 500 firms and GCCs, while reinforcing the company’s international growth strategy.
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Smartworks has leased nearly 492,000 sq ft at Sattva Aura in Bengaluru in a ₹589 crore, 10-year deal, reinforcing its expansion in India’s leading GCC and technology hub. The move reflects rising demand for large-format managed office campuses as enterprises consolidate workspace portfolios with scalable, flexible workspace providers.
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