Smartworks takes 600,000 sq ft offices on lease in Mumbai, Pune, Hyderabad

Firm currently has 31 co-working centres, with 60,000 seats and 4 min sq ft across nine cities.

Co-working player Smartworks has taken a total of over 600,000 sq ft of office space on lease in Mumbai, Pune and Hyderabad to set up new centres as part of its plan to expand business despite the Covid-19 pandemic.

Founded in April 2016, Smartworks Coworking Spaces Pvt Ltd, currently has 31 co-working centres, comprising about 60,000 seats and 4 million sq ft area, across nine cities.

According to sources, Smartworks has taken on lease over 200,000 sq ft area each in Mumbai, Pune and Hyderabad since March this year to set up three new large co-working centres, targeting big corporates.