Smartworks, India’s largest managed office space provider, has made a significant move by leasing 2.36 lakh square feet of premium office space in Gurugram. The investment, valued at ₹94 crore, underscores the company’s aggressive growth strategy as it prepares for its initial public offering (IPO).
The newly leased facility is located in Candor TechSpace, Sector 21, Gurugram, a key business hub offering superior connectivity and a thriving corporate ecosystem. This expansion takes Smartworks’ total footprint in Gurugram to an impressive 7.6 lakh square feet, reaffirming its leadership in providing flexible and tech-enabled office solutions.
Speaking about the development, Neetish Sarda, Founder of Smartworks, said, “Our expansion in Gurugram is a response to the growing demand for flexible office solutions. We aim to empower enterprises with innovative workspaces tailored to their needs, enhancing both efficiency and productivity.”
Smartworks’ growth reflects the rising demand for managed office spaces as companies prioritize agility and cost-effective solutions. The facility is expected to cater to startups, multinational corporations, and domestic enterprises, further positioning Gurugram as a prominent business destination in India.
This move aligns with India’s booming commercial real estate sector, which has witnessed a surge in demand for customizable and scalable workspaces. By focusing on prime locations and advanced infrastructure, Smartworks is helping reshape the modern office landscape, making it more dynamic and responsive to contemporary business needs.
As the company continues to grow, its commitment to delivering world-class solutions will play a pivotal role in supporting India’s economic expansion and the evolution of its office culture.
