Smartworks leases 1.82 lakh sq ft office space in Mumbai’s Andheri east
Smartworks Coworking Spaces has just inked a major deal, securing a substantial 182,300 square feet lease in the bustling area of Andheri East, Mumbai. This impressive expansion elevates their total managed office space in the city to a staggering...
It has leased the space in the office building The Square near Chhatrapati Shivaji Maharaj International Airport from the project’s developer Lloyds Realty Developers, the company said in a release.
“Mumbai remains a strategic market for Smartworks, driven by strong enterprise demand across key business districts,” Neetish Sarda, MD & Founder, Smartworks.
With its expanded portfolio in the city, according to him, the company is well positioned to cater to both current and emerging managed office requirements, as demand from enterprises in India’s financial capital continues to remain steady.
Transaction advisor Knight Frank India declined to comment for the story.
The company recently added a managed office campus 815,000 sq ft at Eastbridge, Vikhroli with the Hiranandani Group, and over 557,000 sq. ft. at Intellion Park in Navi Mumbai with Tata Realty.
Smartworks leases large commercial buildings and converts them into managed office campuses designed for enterprise use. The company manages design, delivery, technology, and daily operations, allowing occupiers to scale efficiently without owning or managing real estate.
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