Smartworks Leases 5.57 Lakh Sq Ft in Mumbai’s Intellion Park to Meet Growing Demand
Smartworks Coworking Spaces Ltd has leased 5.57 lakh sq ft of office space in Intellion Park, Navi Mumbai, to meet the rising demand for flexible workspaces. This move solidifies their position as a leader in the commercial real estate market.
SmartworksMumbaiIntellion ParkCommercial Real EstateFlexible WorkspacesReal Estate MumbaiSep 17, 2025
New Delhi, Sep 17 (PTI) Smartworks Coworking Spaces Ltd has taken on lease 5.57 lakh sq ft office spaces in Mumbai to set up a large centre for meeting the growing demand of flexible managed workspaces from corporates.
In a regulatory filing on Wednesday, Smartworks informed that it has signed over 5,57,000 sq ft campus at Intellion Park, Navi Mumbai, a project developed by Tata Realty and Infrastructure Ltd.
This will be Smartworks' largest managed office campus in Mumbai. With this addition, the company's leased portfolio in Mumbai has crossed the 10 lakh sq ft milestone.
Neetish Sarda, Managing Director & Founder, Smartworks, said: “Mumbai is a strategic market and enterprise demand here continues to accelerate across sectors. Intellion Park, our largest managed office campus in the city, is designed for enterprises that need scale, speed, and experience under one roof.”
Sanjay Dutt, Managing Director & CEO of Tata Realty, said: “Our partnership with Smartworks reflects a shared vision to create world-class, future-ready work environments. With Intellion Park set to become Navi Mumbai's largest IT Park, and Smartworks' expertise in building scalable, enterprise-grade campuses, this collaboration is poised to set new benchmarks in the region's commercial real estate landscape.”
At present, Smartworks has a portfolio of around 12 million sq ft across 14 cities in India and Singapore. Smartworks focusses on mid-to-large enterprises and has a diverse client base of over 730, which includes Forbes 2000 companies, MNCs, Indian conglomerates and startups, the statement said.
Smartworks' expansion in Mumbai is a strategic move to cater to the growing demand for flexible and managed workspaces. The company's commitment to providing high-quality, scalable solutions aligns perfectly with the needs of modern businesses. Intellion Park, with its state-of-the-art facilities and prime location, is expected to attract a wide range of enterprises looking to establish a strong presence in the region.
The partnership between Smartworks and Tata Realty is a testament to the synergy between leading players in the real estate and coworking sectors. By combining their expertise, they aim to set new standards in the commercial real estate landscape, offering world-class facilities and services to their clients. This collaboration is expected to drive growth and innovation in the region, making Navi Mumbai a hub for cutting-edge business environments.
In conclusion, Smartworks' lease of 5.57 lakh sq ft at Intellion Park in Navi Mumbai is a significant step forward in their mission to provide flexible and managed workspaces to enterprises. With a strong presence in multiple cities across India and Singapore, Smartworks continues to lead the way in the coworking and commercial real estate sectors.
Frequently Asked Questions
What is the size of the office space leased by Smartworks in Navi Mumbai?
Smartworks has leased 5.57 lakh sq ft of office space at Intellion Park in Navi Mumbai.
Who developed Intellion Park?
Intellion Park was developed by Tata Realty and Infrastructure Ltd.
What is the significance of this lease for Smartworks?
This lease marks Smartworks' largest managed office campus in Mumbai and brings their leased portfolio in the city to over 10 lakh sq ft.
What is the focus of Smartworks' client base?
Smartworks focuses on mid-to-large enterprises and has a diverse client base of over 730, including Forbes 2000 companies, MNCs, Indian conglomerates, and startups.
What is the vision behind the partnership between Smartworks and Tata Realty?
The partnership reflects a shared vision to create world-class, future-ready work environments, setting new benchmarks in the region's commercial real estate landscape.
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