NEW DELHI: Smartworks , a homegrown co-working startup, has leased 2,50,000 square feet in Hyderabad ’s Aurobindo Galaxy, taking its total operational space in the city to 4 lakh square feet, a senior executive of the company said on Tuesday. This, at a time demand for flexible office spaces has risen after pandemic-induced lockdowns. Companies are weighing a hybrid working model—work from home and office—amid the need to maintain social distancing to reduce the risk of contracting the novel coronavirus. In fact, Smartworks is on an expansion spree—planning new facilities in Noida, Uttar Pradesh, and more coworking spaces in Hyderabad, Bengaluru and Pune. “We have actually doubled our footprint in Hyderabad. Hyderabad is an important part of our strategy. After Bangalore, it is the largest in terms of size and potential. Our first facility, Purva Summit, is 80-85% occupied by enterprises and high-growth startups,” said Neetish Sarda, founder at Sma...
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