Smartworks Secures 5.57 Lakh Sqft of Office Space in Mumbai to Meet Flexible Workspace Demand
Smartworks Coworking Spaces Ltd has leased 5.57 lakh sq ft of office space in Mumbai, marking a significant step in their expansion and meeting the growing demand for flexible workspaces. This addition brings their leased portfolio in Mumbai to over 10 lakh sq ft.
SmartworksMumbaiFlexible WorkspaceReal EstateIntellion ParkReal Estate MumbaiSep 17, 2025
In a regulatory filing on Wednesday, Smartworks announced that it has signed a lease for over 5,57,000 sq ft at Intellion Park, Navi Mumbai. This project is developed by Tata Realty and Infrastructure Ltd, a leading real estate developer known for creating world-class commercial spaces.
This latest acquisition will be Smartworks' largest managed office campus in Mumbai, solidifying their position as a key player in the flexible workspace market. With this addition, the company’s leased portfolio in Mumbai has crossed the 10 lakh sq ft milestone, a significant achievement that highlights the increasing demand for flexible workspaces in the city.
Neetish Sarda, Managing Director & Founder of 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.” This statement reflects Smartworks' focus on catering to mid-to-large enterprises and their commitment to providing high-quality, scalable solutions.
Sanjay Dutt, Managing Director & CEO of Tata Realty, commented, “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. The company has a diverse client base of over 730, which includes Forbes 2000 companies, MNCs, Indian conglomerates, and startups. This broad range of clients underscores Smartworks' ability to meet the needs of various sectors and businesses.
The growing trend towards flexible workspaces is driven by the changing dynamics of the corporate world, where companies are increasingly seeking cost-effective and scalable solutions. Smartworks' latest acquisition at Intellion Park is a testament to their ability to adapt to these changes and provide businesses with the infrastructure they need to thrive.
In conclusion, Smartworks' strategic expansion in Mumbai not only meets the current demand for flexible workspaces but also positions the company for future growth. Their collaboration with Tata Realty and Infrastructure Ltd is a prime example of how partnerships can drive innovation and set new standards in the commercial real estate sector.
Frequently Asked Questions
What is the size of the office space leased by Smartworks in Mumbai?
Smartworks has leased 5.57 lakh sq ft of office space in Mumbai.
Where is the new office campus located?
The new office campus is located at Intellion Park in Navi Mumbai.
Who is the developer of Intellion Park?
Intellion Park is developed by Tata Realty and Infrastructure Ltd.
What is the total leased portfolio of Smartworks in Mumbai now?
With this addition, Smartworks' leased portfolio in Mumbai has crossed the 10 lakh sq ft milestone.
What is the focus of Smartworks in terms of 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.
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