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Business News/ Companies / News/  Smartworks expands operations, forays into
tier-2 cities
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SMARTWORKS EXPANDS OPERATIONS, FORAYS INTO TIER-2 CITIES

1 min read 12 Oct 2022, 03:14 PM IST Join us
Saurav Anand


THE COMPANY HAS SIGNED UP NEARLY 1.7 LAKH SQ FT IN JAIPUR AND INDORE AS PART OF
ITS EXPANSION PLAN AND IS IN LINE WITH THE INCREASE IN DEMAND FOR HYBRID
WORKSPACES AND PRE-LEASING COMMITMENTS FROM THE ENTERPRISES


Premium Neetish Sarda, founder, Smartworks.
Enjoy 7 days of ad-lite experience absolutely Free!
Log in now to access this offer
Read Full Story


New Delhi: Managed office space provider Smartworks announced its entry into
tier-2 cities with centres in Jaipur and Indore, the company said in a
statement.



The company has signed up nearly 1.7 lakh sq. ft. in these cities as part of its
expansion plan and is in line with the increase in demand for hybrid workspaces
and pre-leasing commitments from the enterprises.



Smartworks has a strong presence in leading Tier 1 markets in India with
tech-enabled flex spaces across Bengaluru Hyderabad, Chennai, Pune, Mumbai,
Kolkata, and Del/ NCR with over 80% enterprise clients comprising Forbes 2000,
Fortune 500 and Global MNCs.



“The flex space industry is thriving and positioned for robust ongoing growth.
Tier 2 cities are now sought-after destinations for enterprises as they offer
both business opportunities and a diverse range of hitherto untapped talent
pools. With a huge presence in Tier 1 markets, we have offered enterprises
faster scalability and office setup solutions. We can now provide the same
convenience, flexibility, and agile business solutions in Tier 2 cities. This
fiscal year, we plan to expand to more Tier 2 cities such as Kochi, Coimbatore,
and Ahmedabad," said Neetish Sarda, founder, Smartworks.

Smartworks provides a premium workspace experience at a competitive price, and
an office experience ecosystem built carefully by integrating technology,
hospitality, and industry-leading partnerships.

The company leased 3 million sq. ft last year, including the world’s largest
flex space campus, 7-lakh sq.ft., Vaishnavi Tech Park in Bengaluru.

Smartworks plans to add another 3 million n sq. ft. this fiscal year, bringing
its total portfolio to 10 million sq.ft.

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Published: 12 Oct 2022, 03:14 PM IST
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