Smartworks Coworking Spaces Capacity Expansion: ₹28 Cr Investment
Smartworks Coworking Spaces is adding 176,285 sq. ft. of capacity by August 2026, requiring a ₹28 Crore investment to support business growth.
- Value
- ₹28.00 Cr
- Execution
- August 2026
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Smartworks Coworking Spaces is adding 176,285 sq. ft. of capacity by August 2026, requiring a ₹28 Crore investment to support business growth.
Smartworks Coworking Spaces Limited is expanding its operational footprint by adding ~176,285 Sq. Ft. of space in Pune. This capacity addition supports the company's business growth.
Smartworks is expanding its Delhi NCR footprint with a new 1.41 lakh sq. ft. managed office center in Aerocity. This addition strengthens its regional operational capacity.
Smartworks Coworking has added 1.41 lakh sq. ft. of capacity in Aerocity, Delhi NCR. The expansion involves an investment of approximately ₹25 Crore.
Smartworks Coworking Spaces is adding 2,47,000 Sq. Ft of capacity in Jaipur. The expansion involves a Rs 35 Crore investment funded via internal accruals and proceeds.
Smartworks adds 163,942 Sq. Ft. co-working space with ₹2.5 Cr internal funds by July 2026. Expansion aims to support growth and broaden operational footprint.
Smartworks added 1.64 Lakh Sq. Ft. of coworking space in Pune, requiring ₹25 Cr investment. The expansion aims to support growth and expand its operational footprint.
Smartworks completed a 26,000 Sq Ft capacity addition in Singapore via subsidiary acquisition. This expands its portfolio to four centres, doubling its footprint there.
Smartworks plans to add ~70,000 sq ft of capacity in Singapore via acquisition. This expansion aims to strengthen its presence in Asia by July 2026.
Smartworks expands in Singapore with a new 15,000 sq. ft. centre at Manulife Tower. This strengthens its international footprint and growth momentum.
Smartworks leased a new ~4.92 lakh sq. ft. campus at Sattva Aura, Bengaluru. The expansion strengthens its managed office presence in India's premier technology corridor.
Smartworks added 4,92,661 Sq. Ft of office capacity in Bengaluru for ₹70 Crore. The expansion supports business growth and is funded via internal accruals.
Smartworks added 4,02,200 Sq. Ft to its Gurugram capacity with a ₹60 Crore investment. The expansion supports business growth and increases its operational footprint by 2026.
Smartworks Coworking Spaces Limited crossed 10 million sq. ft. of operational portfolio, becoming India's first listed flex space provider to reach this scale. This follows the operationalisation of the Tata Intellion Park centre in Mumbai. The company reported Q3 FY26 revenue of ~₹472 Crore, marking a 34% year-on-year growth with 93% occupancy in mature centres.
Smartworks expanded its multi-city managed office partnership with a Forbes 2000 global CX leader, adding 1,150 seats in Mumbai. The total client portfolio now exceeds 5,000 seats across four cities, with combined expected rental revenue surpassing ₹155 Crore. This expansion highlights strong enterprise demand for large-format, multi-city managed office campuses.