Nov 18, 2020

Times Square Concludes Lease Deal with Smartworks in Mumbai

Times Square, a Landmark office complex in the Business Hub of Andheri East, has entered into a massive association with India’s leading provider of agile workspaces – Smartworks.

Smartworks has acquired a large leasable area of 2,10,000 sq. ft., entire Tower C, in Times Square.

Dhaval Ajmera, Director of Nilkanth Tech Park Construction Pvt Ltd states, “We remain optimistic with regards to India’s long-term growth story in the commercial real estate space. The very fact that we concluded this deal in pandemic times is proof of a promising future.”

An icon of the new and emerging genre of business parks in the city, Times Square by Nilkanth Tech Park Construction Pvt. Ltd., is the architectural brainchild of some of the most renowned names in the industry, like Hafeez Contractor. Spread across approx. 6.5 acres of land, this marvel is a Gold-rated LEED-certified Private IT Park with features that uphold a new dimension of corporate growth. The presence of many Corporates and Multi-National Companies has made Times Square the most sought Office destination. Many corporate giants are even consolidating their many offices into Times Square.

Smartworks caters to enterprises and high-growth startups by offering inspiring collaborative and completely hassle-free managed office spaces. It is India’s only workspace provider to become profitable within an incredibly short span of 3 years and made it into the Top 25 in Linkedin’s list of Top Startups to work for in 2019.

Commenting on this deal, Mr. Neetish Sarda, the founder of Smartworks said “Our expansion, despite the global pandemic, is a testament to our robust business model. We remain optimistic about the flex spaces long-term growth. This new addition to our portfolio will help us meet the demand from the enterprises in the region.”

Additionally, Mr. Neetish Sarda has also featured in “The Economic Times Promising Entrepreneurs of India 2019”.

As the two corporate giants – Times Square and Smartworks join hands as long-term associates, hope this fabulous deal becomes the first of many fruitful exchanges to come in the future.

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