Neetish Sarda

  Managed office space provider Smartworks has leased a total of 5.6 lakh sq ft, encompassing over 8,500 seats in Pune. It is already 40% pre-booked by IT/ITeS, BFSI and manufacturing clients and is scheduled to be operational in September, the company said. JLL, India's leading real estate consultancy firm, facilitated the transaction. The Grade A property, M-AGILE is in Pune's prime locality and offers access to strategic destinations such as IT Park Hinjewadi, Balewadi High Street, Mumbai-Pune Expressway, major academic institutions, hospitals, and retail avenues. “It has been a high growth trajectory for us in Pune in the last three years. Our growth has been driven by customer requirements for flexible office spaces that support collaboration, innovation and productivity," said Neetish Sarda, founder, Smartworks. " We are excited about this new location as it's the largest in our portfolio and the flex office space segment. As the largest managed offi

  Leases 5.6 lakh sq ft office space, says it is biggest deal to-date for a flexible office space in India   Managed office space provider, Smartworks, leased a 5.6 lakh square feet area in Pune, and invested around ₹ 150 crore to set up a new centre, its seventh in Pune, as part of its strategy to expand the business amid rising demand for flexible workspaces. Real estate consultant, JLL India, helped Smartworks in taking this large office space on lease in a premium commercial property ‘M-AGILE’ at Baner in Pune. Smartworks and JLL India have termed the leasing deal of 5.6 lakh sq ft as the “biggest” in the flexible office space segment.   The new centre has a capacity of over 8,500 desks, Smartworks said. The new co-working centre will become operational in September. Around 40 per cent area has already been given on lease to corporate clients. Smartworks founder, Neetish Sarda, said, “It has been a high growth trajectory for us in Pune in the last three years. Our g

  Managed office space provider Smartworks has leased a 5.6 lakh sq ft area in Pune, and invested around Rs 150 crore to set up a new centre as part of its strategy to expand the business amid rising demand for flexible workspaces. Real estate consultant JLL India helped Smartworks in taking this large office space on lease in a premium commercial property 'M-AGILE' at Baner in Pune. Noida-based Smartworks said in a statement that it has taken on a lease 5.6 lakh sq ft office space from a developer to set up its seventh centre in Pune. Smartworks and JLL India have termed the leasing deal of 5.6 lakh sq ft as the "biggest" in the flexible office space segment. The new centre, with a capacity of over 8,500 desks, has been set up with an investment of around Rs 150 crore, Smartworks said. The new coworking centre will become operational in September. Around 40 per cent area has already been given on lease to corporate clients. Smartworks founder Neetish Sard

  New Delhi, Aug 19 (PTI) Managed office space provider Smartworks has leased a 5.6 lakh sq ft area in Pune, and invested around Rs 150 crore to set up a new centre as part of its strategy to expand the business amid rising demand for flexible workspaces. Real estate consultant JLL India helped Smartworks in taking this large office space on lease in a premium commercial property ''M-AGILE'' at Baner in Pune. Noida-based Smartworks said in a statement that it has taken on a lease 5.6 lakh sq ft office space from a developer to set up its seventh centre in Pune. Smartworks and JLL India have termed the leasing deal of 5.6 lakh sq ft as the "biggest" in the flexible office space segment. The new centre, with a capacity of over 8,500 desks, has been set up with an investment of around Rs 150 crore, Smartworks said. The new coworking centre will become operational in September. Around 40 per cent area has already been given on lease to corporate clients.

  In the single largest flexible office space transaction in the country, managed office space provider  Smartworks  has picked up 5.6 lakh sq ft space on lease in  Pune ’s  Baner locality  taking its portfolio in the city to over 1.4 million sq ft. The firm is planning to invest Rs 150 crore to set up an 8,500-seat co-working hub in the new office, which is their third centre in Baner and seventh in Pune. Total tenure of this lease is 15 years. With this, Smartworks’ total portfolio will increase to 31 centres and 70,000 desks across nine cities including Mumbai, Pune, Delhi, Hyderabad, Bengaluru, Chennai and Kolkata. “It has been a high growth trajectory for us in Pune in the last three years. Our growth has been driven by customer requirements for flexible  office spaces  that support collaboration, innovation and productivity. This is the largest center in our portfolio and the flex office space segment…With clients eyeing distributed workspaces across locations to adapt to

  With seven centres, Smartworks has a total footprint of around 1.4 million sq ft with over 25000 seats in Pune.    The companies who have taken up space, including Pune-based MAN Trucks India Pvt Ltd (400 seats), are from sectors such as information technology (IT), banking and financial services and manufacturing   Bengaluru: Managed office space provider  Smartworks  has leased around 200,000 sq ft to five companies in its new flexible workspace centre in suburban Pune’s Baner area. This is part of the Noida based office operator’s newly launched, 560,000 sq ft co-working centre M-AGILE, which will have 8500 seats, one of the largest in the city.   The companies who have taken up space, including Pune-based MAN Trucks India Pvt Ltd (400 seats), are from sectors such as information technology (IT), banking and financial services and manufacturing. The centre, which is Smartworks’ seventh in Pune, is scheduled to be operational in September. The company didn’t disclos

  Bengaluru: Smartworks on Tuesday said it has provided around 600 seats to US-based Ocwen Financial Services, in Mumbai and Pune, as enterprises move towards managed office workspaces. "In the current scenario, Enterprises are re-assessing their existing conventional office spaces and long-tenured leases. They are opting for managed office spaces for workplace flexibility, tech-enabled work environment, optimal utilization of space as the means for a reduction in cash outflows, agility and an enhanced office experience," said Neetish Sarda, founder of Smartworks.   Smartworks members use 'SW Super App' to book meeting rooms, order food, give feedback, and book flexi-desks, among other services and amenities without using the communal touch screens, the company said. SP Ravi, president- India and Manila operations, Ocwen Financial Services said, "With companies reimagining work, Smartworks is well suited to cater to our needs. Their digitally enabled ecos