Shared workspaces provider Smartworks has announced its new facility in Bengaluru that encompasses a footprint of three lakh square feet and 6,000 seats, taking the company’s total office space to 10 lakh square feet in India. This is in line with the company’s committed plans to grow its footprint by nearly 400 per cent, with its new centres in other Tier I cities of Mumbai, Chennai, and Hyderabad. With this launch, Smartworks is taking its total number of centres in India to 15, across nine cities, namely Delhi, Gurugram, Noida, Kolkata, Bengaluru, Mumbai, Pune, Chennai, and Hyderabad.
It provides fully serviced offices that offer a day pass, smart cubes, smart labs and smart suites.
The ever-increasing demand for workspaces in India’s Silicon Valley prompted Smartworks to add a new facility in Bengaluru, with as big a number of seats as 6,000. The expansion in the city of Chennai also owes to the rising demand there.
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India has seen a surge in shared workspace providers in recent years. Smartworks claims to have brought on board several clients including Tata Communications, Microsoft, Arcelor Mittal, Amazon, Carrier, Otis, Daikin, Lenovo, Bacardi, Jaguar Land Rover and OLX among its 250+ strong client base.
For enterprises, the approach to shared workspaces is a complete blend of convenience and business. While these companies can attain tailor-made offices via shared workspace providers like Smartworks and avoid the financial burden of a lease, it is also a tremendous opportunity for them to experience a holistic environment, which leads to uplifting employee happiness and productivity.
In a statement released to the press, Neetish Sarda, Co-founder of Smartworks, said, “Currently, Smartworks is leading the shared office space in India, and with our upcoming expansions, we are reaching exponential growth levels, both in terms of revenue and office experience for our employees. We want our member companies to leverage the tremendous opportunities across our network and grow through the shared workplace model. This collaborative experience will usher in a new era of co-entrepreneurship fostering in a conducive environment designed to adapt the challenges of a perpetually changing business world.”
He adds, “Smartworks has taken into consideration that current traditional office spaces in India are out of sync with aspiring workforce needs of the youth that wants around-the-clock exposure to the sharing economy, modern consumerism and western practices. With differentiators such as understanding the needs of the Indian corporates and providing customised offices, state-of-the-art infrastructure, employee engagement programmes, Smartworks is completely disrupting the traditional office spaces.”