Smartworks Expands Pune Portfolio, Leases 6 Lakh Sq Ft Office Space

Managed workspace provider Smartworks has announced a major expansion of its Pune portfolio, adding over 6 lakh square feet of prime office space. This new lease is part of an upcoming commercial tower, 43 EQ, located near the bustling Balewadi High Street. The lease agreement spans 15 years and is abiding for long-term commitment to the area.

The new center, strategically positioned near Balewadi High Street, will provide tenants with easy access to a wide array of recreational options and public amenities, including restaurants, cafes, and supermarkets. This prime location is expected to enhance the appeal of Smartworks' offerings, making it an attractive option for businesses seeking modern, well-equipped office spaces.

Neetish Sarda, founder of Smartworks, expressed enthusiasm about the expansion, stating, "Our growth in Pune has been phenomenal. The expansion aligns with our vision to empower businesses by offering them tailored office solutions to boost productivity and foster growth in a professional, fully equipped, and managed setting."

Smartworks' expansion in Pune brings its total footprint in the city to over 3 million square feet. This growth is part of a broader strategy that includes a presence in 13 cities across India, encompassing more than 39 centers and a total area exceeding 8 million square feet. 

The managed workspace sector has seen significant growth, driven by the increasing demand for flexible and scalable office solutions. Smartworks has been at the forefront of this trend, continually expanding its reach and enhancing its offerings to meet the evolving needs of modern businesses.

In addition to its substantial presence in Pune, Smartworks has a footprint in major cities such as Delhi, Gurgaon, Noida, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, Jaipur, Indore, Ahmedabad, and Kochi. This extensive network enables the company to cater to sector-agnostic large organizations, providing customized office solutions that promote productivity and growth.

The new lease in Pune is a testament to Smartworks' strategic expansion efforts and its commitment to providing high-quality managed office spaces. As businesses continue to seek flexible and innovative workspace solutions, Smartworks is well-positioned to meet these demands with its extensive portfolio and customer-centric approach.

Smartworks' comprehensive offerings and strategic location choices make it a preferred partner for businesses looking to enhance their operational efficiency. The company's ability to provide tailored solutions that cater to the unique needs of each client underscores its position as a leader in the managed workspace sector.

With this latest expansion, Smartworks continues to solidify its presence in key markets across India, driving economic growth and supporting businesses in achieving their goals. The company's vision and strategic initiatives ensure that it remains at the forefront of the managed workspace industry, delivering value to its clients and contributing to the dynamic landscape of modern office environments.