Smartworks- A Delhi-based flexible office space provider has recently leased 82,000 sq ft commercial space in Mumbai. The property is located at Fleet House on Andheri-Kurla road and has a seating capacity of over 2000. Smartworks has picked up this property for a period of 15 years.
With this addition, the company now acquires a total of 1.5 million sq ft. commercial office space in the country.
The new office space will start it functioning by January 2019. Marsh Insurance, NEC are some of the few clients which will start their operations from this office.
Giving more information on the same, Neetish Sarda, founder of Smartworks said, “ This lease in Mumbai is in line with our expansion plan across India. We are looking to expand our footprint to at least 10 million sq ft over the next three to five years, with a focus on west and south India,”
He further said that the location of the property is a strategic fit for Smartworks as it is in close proximity to business district Bandra- Kurla Complex (BKC), airport and the Western Express Highway.
Spread across multiple cities across India like Gurugram, Bengaluru, Hyderabad, Chennai, and more, Smartworks offer fully-serviced modern office spaces that include private offices for individuals and teams, shared offices and virtual offices.
The group has recently expanded its arm in Chennai by opening its second facility in the city following its first centre launch in Hyderabad. Talking about Mumbai, Smartworks has leased properties in Fleet House and Lower Parel and they further aim to add 10 more centers by the end of next year in the city.
Some of the top clients the group has tied up are Tata Communications, Microsoft, Arcelor Mittal, Amazon, Daikin, Lenovo, Bacardi, and OLX.
The trend of CoWorking office space has recently gained much momentum in India, tapping a total of 40 million sq.ft in the first half of 2018 in 16 major Asia Pacific cities including Delhi NCR, Mumbai, and Bangalore.