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Smartworks Leases 182K Sq Ft in Mumbai
11 Feb
Summary
- Smartworks leased over 182,300 sq ft in Mumbai's Andheri (east).
- This expansion brings their Mumbai portfolio to over 2 million sq ft.
- The company converts commercial buildings into managed office campuses.
Smartworks Coworking Spaces has secured a substantial new lease of over 182,300 sq ft in a commercial tower located in Mumbai's Andheri (east) area. This recent acquisition boosts the company's total managed office space portfolio within Mumbai to exceed 2 million sq ft.
The newly leased space is situated in The Square, an office building developed by Lloyds Realty Developers. This location is proximate to the Chhatrapati Shivaji Maharaj International Airport, underscoring its strategic business value.
Neetish Sarda, MD & Founder of Smartworks, highlighted Mumbai's critical role as a market, driven by robust demand from enterprises across key business districts. The company's expanded footprint positions it to address current and future managed office needs in India's financial capital.
Smartworks' business model involves leasing large commercial buildings and converting them into managed office campuses. They handle the design, technology, and daily operations, enabling clients to scale efficiently.
