Smartworks Coworking Spaces has leased over 557,000 sq ft of office space at Tata Realty & Infrastructure's Intellion Park in Navi Mumbai, marking the company's largest managed office campus in the region.
Commercial Real EstateNavi MumbaiOffice Space LeasingManaged Office CampusSmartworksReal Estate MumbaiSep 17, 2025
Smartworks has leased over 557,000 sq ft of office space at Intellion Park in Navi Mumbai.
The new Smartworks campus at Intellion Park is designed to accommodate more than 12,000 seats.
The lease tenure is 60+60 months, with a lock-in period of 54 months.
The rental rates are set at Rs 63.18 per sq ft, with an escalation clause of 15% every 36 months.
The new Smartworks campus at Intellion Park is expected to be operational in November-December.
Maharashtra Minister Uday Samant has assured PCNTDA residents that a decision will be made on freehold status without causing financial loss to the state government.
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