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Smartworks Coworking Spaces Ltd News

Smartworks eyes 35% annual revenue growth by FY30, plans new-city entry

Coworking firm Smartworks plans 30-35% annual growth over the next few years, driven by capacity additions, enterprise demand and expansion into new Tier I markets

Smartworks eyes 35% annual revenue growth by FY30, plans new-city entry
Updated On : 16 Jan 2026 | 5:42 PM IST

Choice initiates Smartworks with 'Buy'; cites favourable leasing economics

Smartworks' long-term agreements with landlords (around 15 years) and enterprise clients (around four years) reinforce revenue stability, supported by a 2.0x revenue-to-rent ratio.

Choice initiates Smartworks with 'Buy'; cites favourable leasing economics
Updated On : 01 Dec 2025 | 8:54 AM IST

Smartworks rents 815,000 sq. ft office space from Hiranandani Group

Smartworks has leased 815,000 sq ft from the Hiranandani Group's Eastbridge campus in Mumbai to build what it calls the world's largest managed workspace, set to open in late 2026

Smartworks rents 815,000 sq. ft office space from Hiranandani Group
Updated On : 03 Nov 2025 | 6:20 PM IST

Smartworks rents 815k sq ft office space in Mumbai from Hiranandani Group

Smartworks Coworking Spaces Ltd on Monday said it has taken 8.15 lakh sq ft of office space on rent in Mumbai from Hiranandani Group to establish the biggest managed workspace campus in the world. In a regulatory filing, the company informed that it has signed an agreement to lease over 8,15,000 sq ft at Vikhroli in a project developed by Regalia Office Parks Pvt Ltd, the commercial office division of the Niranjan Hiranandani Group. The facility will be operational in the last quarter of 2026 calendar year. Smartworks currently has six large office campuses pan-India with an area of over 5 lakh square feet each. "Our alliance with the Niranjan Hiranandani Group for 'Eastbridge' marks a major milestone in Smartworks' journey. "With this new centre set to become the largest managed campus globally, we continue to break our own records and set new benchmarks in the managed workspace segment," Neetish Sarda, Managing Director & Founder of Smartworks, said. He said the company ...

Smartworks rents 815k sq ft office space in Mumbai from Hiranandani Group
Updated On : 03 Nov 2025 | 3:20 PM IST