Smartworks expands Pune portfolio; leases 6 lakh sq ft office space

Smartworks has leased the Pune office space for a total of 15 years in an upcoming commercial tower close to Balewadi High Street, the company said

Published on: May 19, 2024, 13:08:22 IST

By HT News Desk

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Managed workspace platforms, Smartworks, has announced the expansion of its Pune portfolio and has added over 6 lakh sq. ft of prime office space, bringing its footprint in the city to over 3 million sq. ft, the company said in a statement.

The company has leased the space for a total of 15 years in an upcoming commercial tower 43 EQ close to Balewadi High Street, it said.

The centre will offer easy access to a diverse range of recreational options, and public amenities such as restaurants, cafes, and supermarkets, it said.

Also Read: Managed office space provider Smartworks aims to hit 25 m sq ft across 14 cities in 4-5 years

"Our growth in Pune has been phenomenal. The expansion aligns with our vision to empower businesses by offering them tailored office solutions to boost productivity and foster growth in a professional, fully equipped and managed setting,” said Neetish Sarda, founder of Smartworks.

With a presence in 13 cities and a portfolio comprising more than 39 centres spanning over 8 million sq. ft, Smartworks caters to sector-agnostic large organizations, including Forbes 2000 and Fortune 500, as well as unicorns and soonicorns, serving over 550 clients.

Also Read: Smartworks leases 100,000 sq ft in Gurugram

Smartworks has a footprint of over 8 million sq. ft. across 13 cities (Delhi, Gurgaon, Noida , Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, Pune, Jaipur, Indore, Ahmedabad, and Kochi) with more than 39 centres. The company caters to more than 550 sector-agnostic organizations that includes large enterprises, unicorns and soonicorns.

Also Read: At 27% Mumbai witnesses the highest coworking rental growth since FY20

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