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

Wipro has leased 1.7 lakh sq ft from Smartworks in Kolkata’s Sector V, marking the city’s largest flex-office deal. The space will support 3,000 employees across two Smartworks campuses. Executives from Smartworks and JLL say rising enterprise adoption of managed campuses reflects India’s shift toward scalable, tech-enabled workspace solutions.
READ MORE
Smartworks has leased 1.68 lakh sq. ft. in Kolkata to a leading global IT, consulting, and business process services company, marking the city’s largest flex office transaction. The space spans Smartworks’ Victoria Park and Mediasiti campuses in Salt Lake Sector V and offers tech-enabled work zones, collaboration areas, wellness spaces, and enterprise-grade amenities.
READ MORE
Smartworks has taken on 815,000 sq. ft. of office space at Eastbridge, Mumbai—a major development by the Niranjan Hiranandani Group. Scheduled to go live in Q4 2026, this will become Smartworks’ largest global campus, reinforcing its campus-led strategy. Leaders from both companies call it a milestone in scale, design, and sustainability.
READ MORE
CARE Ratings has reaffirmed Smartworks Coworking Spaces’ long-term rating at ‘CARE A’ with a ‘stable’ outlook and its short-term rating at ‘CARE A1’. The rating action reflects improved scale, healthy occupancy, a stronger post-IPO capital structure, diversified tenant base, and robust cash flows, while flagging risks from aggressive expansion, lease renewals, and sector cyclicality.
READ MORE
Smartworks Coworking Spaces Ltd. has named Anshul Popli as Head – Product & Execution, responsible for procurement and projects across MEP, QS, and execution. Drawing on his entrepreneurial experience at Modern Intrno and an MBA from the University of Nottingham, Popli will support Smartworks’ 12.7 million sq. ft. managed office portfolio and deepen its delivery excellence.
READ MORE
Smartworks has leased ~1.66 lakh sq ft to Wolters Kluwer at its Marisoft campus in Pune’s Kalyani Nagar micro-market, strengthening its large-format, campus-led strategy. The deal comes on the back of a strong Q2 FY26, where Smartworks reported 21% YoY revenue growth, rising enterprise cohorts, and a net-debt negative balance sheet.
READ MORE