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Smartworks leases 5.6 lac sq ft at M-AGILE , Pune; India’s single largest flexible office space transaction

• This is Smartworks’ seventh office in Pune and third in Baner
• Crosses footprint of over 1 million sq ft in Pune maintaining its market leadership position

Pune/Noida- August 19, 2021: Smartworks, India’s leading managed office space provider has announced India’s largest flexible office space in Pune. In this newest addition, M-AGILE, Smartworks has leased a total of 5.6 lac sq ft, encompassing 8,500+ seats. It is already 40% pre-booked by IT/ITeS, BFSI and manufacturing clients and is scheduled to be operational in September. JLL, India’s leading real estate consultancy firm, facilitated the transaction.

The Grade A property, M-AGILE is in Pune’s prime locality known for an elite corporate neighborhood with rapid connectivity to major hotspots and well-built infrastructure. It offers unparalleled access to strategic destinations such as IT Park Hinjewadi, Balewadi High Street, Mumbai-Pune Expressway, major academic institutions, hospitals, and retail avenues. It is perfect for a balanced working lifestyle with 25% more amenities than industry standards, such as a Wi-Fi café and lounge, dining area, futsal / basketball court, crèche, auditorium, well-equipped gymnasium, yoga and workout terrace, recreational zones and nine levels of parking.

Neetish Sarda, Founder, Smartworks, said, “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.”

“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 office space provider to sector agnostic Enterprises, Global MNCs, unicorns & soonicorns, our focus is not just to offer them workspaces but a standardised and engaging office experience with value-added services and benefits in a campus-like infrastructure. Our digitally-enabled spaces provide them with a completely managed ecosystem with state-of-the-art amenities, alliances, community-building events, and networking opportunities. With clients eyeing distributed workspaces across locations to adapt to the new normal, we act as a catalyst to fulfil their growth journey ahead, he said on leasing large independent buildings.

With seven centres, Smartworks has retained the market leadership position in Pune with a total footprint of approx 1.4 Mn sq. ft. and over 25000 seats. All its matured centres have over 90% occupancy with several marquee enterprise clients.

“We are excited to have facilitated the biggest deal to date for a flexible office space in India. Flex space stock has grown in the Pune City by over four times from 0.7 million sq ft in 2017 to 3.0 million sq ft in 2021 and has always presented a huge growth opportunity. With M-AGILE being in Baner, one of Pune’s most progressive areas, we were sure that will be a milestone transaction for the industry. This location enjoys proximity to talent catchment areas, it is a convenient travel destination with excellent social infrastructure in the vicinity. Going forward, we expect the flex space market in Pune to reach ~5 million sq ft by 2022, driven by increased demand from large enterprises.” said Sanjay Bajaj, Managing Director – Pune, Logistics and Industrial, India, JLL.

Smartworks provides digitally-enabled managed office spaces which can be rapidly configured and customised in just four to six weeks according to the needs of the enterprise clients, offering a full suite of solutions at a value price point without upfront capital expenditure. With a growing footprint of over 4 million sq. ft., and 31 centres across nine cities (Delhi, Noida, Gururgram, Mumbai, Pune, Hyderabad, Bengaluru, Chennai and Kolkata), Smartworks’ flexible office solutions are catering to the evolving needs of large corporations.

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flexi seats at smartworks

Pepper Content signs up 200 Flexi seats at Smartworks in Mumbai

Savills India facilitated the deal through its new listing platform Workthere

Mumbai, July 23, 2021: Pepper Content, a content marketplace platform, which recently raised $4.2 million funding from Lightspeed India Partners and other marquee angels, has taken up a tailor-made 200 seater managed workspace from Flexi space provider Smartworks in Mumbai. The transaction was facilitated by international real estate advisory firm Savills India through its new coworking space listing platform www.workthere.in.

Located in the Times Square building in Andheri East in Mumbai, the new workspace is being set up as Pepper Content’s India headquarter. Founded in 2017 by Anirudh Singla and Rishabh Shekhar, the Mumbai-based start-up currently has seen over 45,000 content creators apply to their platform and worked on more than 1,50,000 assignments. They recently launched Peppertype.ai as well, an AI (artificial intelligence) assisted content creation platform launched by Pepper Content. It has over 20,000 users and 90% of them are based out of USA. They are on a stellar growth trajectory, and this workplace gives them ample opportunity to expand and modulate the space as per their needs.

Anirudh Singla, Founder & CEO, Pepper Content said, “That although remote work has its benefits, bringing an early stage team back in office has a kind of energy that is unmatched. We are seeing 2x productivity and having 10x the fun working from the same office space. The office has been developed extremely well and we are very happy as to how the final product looks like!”

Flexible workspaces have gained strong traction among corporate occupiers in India in the last few years, witnessing a growth of 28% over the last five years. As per Savills India’s report, leasing by co-working providers is expected to increase by 42% to 4.9 million in 2021, contributing around 10% to the overall office leasing in 2021 and 2022. To capture this growing demand, Savills launched its global online listing platform for flexible, co-working and managed office spaces in India last year. The platform currently has a listing from over 40 brands with over 70,000 seats spanning six cities, including Delhi NCR, Mumbai, Pune, Chennai, Bengaluru and Hyderabad.

Commenting on the deal, Neetish Sarda, Founder- Smartworks said: “We are delighted to onboard Pepper Content in our largest facility in Mumbai- Times Square. Our thoughtfully designed digitally-enabled managed workspaces offer our members agility and seamless scalability in these challenging times along with an array of value-added services.” 

Smartworks caters to enterprises and high-growth startups by offering inspiring collaborative and hassle-free managed office spaces. In the last five years of its operations, Smartworks has spread across 31 locations in nine cities with over 65000 seats in India.

Naveen Nandwani, Managing Director, Commercial Advisory & Transactions, Savills India said “We are delighted to have successfully facilitated this major coworking deal in less than 2 month of launch of our Workthere platform. With most companies looking to build more agility in the wake of the pandemic, flexi and managed office spaces are perfectly fitting into new office requirements in India. Through our deep sectoral knowledge and on-ground specialized professionals, we hope to help more enterprises in realizing their expansion and growth plans.”

About Savills India

Savills India is a group company of Savills Plc. and is a premier professional international property consulting firm. With full-service offices in Bengaluru, Mumbai, Delhi NCR, Chennai, Pune, and Hyderabad, the firm serves Occupiers, Investors, and Developers of Real Estate. Savills India provides services across office leasing, project management, capital markets, valuations, research, consulting, industrial and logistics, and residential services. Starting in India in 2016, the company employs over 350 professionals.

About Smartworks

Smartworks is India’s largest provider of agile workspaces, with a footprint of over 4 million sq. ft. across 31 locations in 9 cities (Delhi-NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune), catering to more than 400 organisations across large enterprises, SMEs and established startups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology and customer delight. Smartworks is also the only Indian agile workspace provider to have become profitable in India. Central to this ambition is the company’s motto, ‘Workspaces that work for you, with the vision of creating the perfect environment by just not building communities and ensuring their member employees are productive in the workplace. For more information, log in to www.smartworksoffice.com

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Park+ to offer next-gen parking solutions for Smartworks

Noida, 30, June 2021: Park+, India’s leading provider of automated Smart Parking solutions, announced that it has been selected by India’s largest managed office space provider to Enterprises- Smartworks, to provide a next-gen parking experience in its office campuses.

As a part of this engagement, Park+ will enable campus administration for the flex space provider by automating parking allocation and managing seamless entry and exit of vehicles in and out of the premises. The unique RFID tag affixed on every car will ensure the movement of authorised vehicles only. The solution will help save time where real-time parking slots availability will be visible to members through Smartworks mobile app.

Speaking on the solution, Amit Lakhotia, Founder of Park+, said, “Both Smartworks and Park+ are working towards elevating the experience of corporates and office-goers across metro cities. The users will now be able to check the real-time availability of parking lots on a mobile app, which will help them save time, reduce stress and save on fuel. Also, as more and more people are looking at personal vehicles for a daily commute, corporates are partnering with Park+ to enable their employees to access our 70,000+ parking slots network and ensuring that they are no more constrained by the number of parking available in a specific building. By getting nearby parking on our platform, we have more than doubled the parking spaces available to users at various Smartworks campuses.”

Neetish Sarda, Founder of Smartworks, said, “We are building offices of the future, and technology will be the key driver.  Our digitally-enabled office campuses are in line with our vision of offering contactless and efficient workspaces to clients. Our association with Park+ will help automate the first touchpoint of our member’s daily office schedule – “parking”. In addition, it will remove the need for manual authentication of vehicles, improve access controls and further elevate the security profile of the campuses.”

About Park+

Park+ is a mobile app-based platform that offers automated smart parking solution for daily commuters, corporates and commercial establishments. Park+ currently provides more than 600,000 customers a seamless and real-time experience for parking discovery, booking, payment and tracking, all of which can be easily accessed through the app. Park+ was founded by Amit Lakhotia, who had earlier played a key role in scaling MakeMyTrip, Paytm and Tokopedia. Park+ is backed by marquee investors including Sequoia Capital and Matrix Partners.

About Smartworks

Smartworks is India’s largest provider of agile workspaces, with a footprint of over 4 million sq. ft. across 31 locations in 9 cities (Delhi-NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune), catering to more than 400 organisations across large enterprises, SMEs and established startups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology and customer delight. Smartworks is also the only Indian agile workspace provider to have become profitable in India.

Central to this ambition is the company’s motto, ‘Workspaces that work for you, with the vision of creating the perfect environment by just not building communities and ensuring their member employees are productive in the workplace. For more information, log in to www.smartworksoffice.com

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smartworks-partnership-medibuddy

Smartworks partners with MediBuddy as Wellness/ Healthcare Services Partners

  • To conduct vaccination drive for employees and members
  • To offer holistic healthcare services

National, XYZ:  Smartworks, India’s leading managed office space provider , today announced that it has partnered with MediBuddy, India’s largest digital healthcare platform. This partnership will allow Smartworks’ members and employees to access online doctor consultation, health check-ups, COVID RT PCR test & medicine and help them make the best use of the vaccine drive. For prompt medical assistance, Smartworks has onsite medi-clinics with trained paramedics and visiting doctors, managed by Medibuddy.

COVID-19 outbreak has pushed enterprises to focus on their employees’ health and enable services beyond hospitalisation benefits. Smartworks, catering to Enterprises, high-growth startups and SMEs has been a front runner in offering new-age healthcare solutions to its workforce and clients. 

Commenting on this partnership Harsh Binani, Co-founder Smartworks, said, “Health and safety of our employees and members is a priority for us. We endeavour to provide access to a complete suite of wellness solutions for a healthy body and mind. Our partnership with MediBuddy is a testimony to our efforts in providing the best guided medical facilities and support in these challenging times.”

Commenting on the same, Satish Kannan, Co-founder & CEO, MediBuddy, said, “The second Covid-19 wave has hit India and hit it hard. With the surge in Covid-19 cases, ensuring vaccination for all is of utmost importance. We are looking forward to our partnership with Smartworks who share the same commitment to ensuring safety. As a brand dedicated to providing accessible and quality healthcare solutions, we aim to reach out to and provide maximum people healthcare support to all.”

MediBuddy, India’s largest digital healthcare platform, offers multiple packages for organisations to choose from according to their requirements. From bulk consultations, COVID testing to assisting organisations in ensuring the complete safety of employees and workplaces with MediClinic. With health experts in over 18 departments, one can easily make appointments and consult with doctors online for any health-related ailments. This enables them to avail healthcare services for themselves & their family member at any time, from the comfort of their homes.

About Smartworks
 
Smartworks is India’s largest provider of agile workspaces, with a footprint of over 4 million sq. ft. across 31 locations in 9 cities (Delhi-NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune), catering to more than 400 organisations across large enterprises, SMEs and established startups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology and customer delight. Smartworks is also the only Indian agile workspace provider to have become profitable in India.
 
Central to this ambition is the company’s motto, ‘Workspaces that work for you, with the vision of creating the perfect environment by just not building communities and ensuring their member employees are productive in the workplace. For more information, log in to www.smartworksoffice.com

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The 12th Realty+ Excellence Awards | South 2020 has recognised Smartworks as the ‘Coworking Brand of the Year’

We are delighted to announce that Realty+, an exchange4media and BW BusinessWorld group publication has conferred the prestigious ‘Coworking Brand of the Year’ Award (South 2020) to Smartworks.

This award is a testament to our industry-leading growth, innovations, and client-centric service and solutions. We have our eyes on the future while exploiting the opportunities available today as we are prepared for long term success!

This is truly a team accomplishment that started with a vision to transform the office experience and was embraced and flawlessly carried out by our exceptionally talented employees. We would like to thank our clients and partners for their incredible support in our journey.

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Smartworks partners with Routematic to assist its enterprise clients return to work safely

Noida, October 21, 2020: To assist its member organizations in returning to the workplace, Smartworks-a market leader in shared office space has partnered with Routematic- an award-winning urban mobility startup to facilitate daily commute to and from Smartworks shared offices.

The post-COVID-19 world will have one constant- social distancing – which means, workplaces and daily office commute must be redesigned to ensure safety. Routematic’ s mobility solutions entail contact tracing, zone-based routing, and social radius support to minimize COVID-19 risks and enable contactless daily commute experience. “This strategic partnership comes at a time when offices are reopening, and the need for safe travel for employees remains the biggest concern. Employees emerging from lockdowns feel uncomfortable using public transport and hence the need for a reliable and safe office commute. Our partnership with Routematic will complement our existing service offerings and will provide our members with the convenience and safety, especially in these difficult times”, said, Harsh Binani, Co-Founder, Smartworks.

Commenting on the partnership, Surajit Das, CEO Routematic said, ‘As the workforce attempts to return to the office, it is important to give confidence to the returning employees on the health and safety front right from the point where they step out from their homes. Routematic’ s office commute solution addresses the concerns of physical distancing, hygiene, and safety, making it easier for organizations to manage COVID-19 risks better. Routematic’ s innovative mobility solutions are uniquely complementary to Smartworks state-of-the-art workplace. We are proud to partner with Smartworks who share the same vision and are committed to providing a safer and smarter workplace to the enterprises.’

Organizations that are planning to return to Smartworks can benefit from this association and create better and safer commute experiences for their employees that will further enhance collaboration and productivity at optimal costs.

About Smartworks

Smartworks is India’s largest provider of agile workspaces, with a footprint of over 4 million sq. ft. across 31 locations in 9 cities (Delhi-NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune) catering to more than 400 organizations across large enterprises, SMEs and established startups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology and customer delight experience. Smartworks is also the only Indian agile workspace provider to have become profitable in India.

Central to this ambition is the company’s motto, ‘Workspaces that work for you’, with the vision of creating the perfect environment by just not building communities, but also ensuring their member employees are productive in the workplace. For more information, log in to www.smartworksoffice.com

About Routematic

Routematic is an urban mobility solution for daily office commute, helping companies with round the clock employee shifts, augment their transport service experiences. Routematic’s route planning, fleet aggregation and dispatch platform harnesses both demand and supply-side capabilities to deliver unmatched safety, reliability, cost operations, on-time performance, and 100% compliance.

Media Contacts:

For Smartworks
Media Relations
Anita Sharma
PR & Communications
Tel:  +(91) 9650788255
Email: [email protected]

For Routematic
Media Relations
Preeti Goswami
Marketing Manager
Tel: +(91)9654394164
Email: [email protected]

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smartworks Mobile App

Smartworks launches ‘all-new’ revamped Mobile App

Introduces digitized support features for contactless daily business operations

June 10, 2020 – Smartworks, India’s leading agile workspace provider for large enterprises, announced the launch of its ‘all-new’ revamped mobile App for contactless business processes and service requests. The revamped App comes with an upgraded and intuitive interface that integrates all Smartworks facility operations, communication, and collaboration into the mobile ecosystem. The App aims to meet the needs of today’s workforce and is in line with Smartworks vision of creating the workspaces of the future.

Technology has been Smartworks’ key focus area since its inception. Smartworks was the first coworking space provider to deploy a humanoid, Mitri, for handling the overall office management for the facility, and the visitor management system. From contactless digital entry with mandatory self-declaration to IoT enabled meeting room booking with an inbuilt feature to control the amenities, digital pantry solutions, contactless Visitor Management System, Parking management system, Smart service and feedback platform, to e-Concierge services, Smartworks technology-enabled workspace is designed at easing the workflows during these unprecedented times.

The App will reduce the dependency on the workforce and enable members to go contactless during the COVID-19 pandemic, keeping them literally ‘hands-off’ for support. As more and more people are returning to workspaces, focus on their health and safety will be more critical than ever. The App will ensure physical distancing and cater to the daily requirements with the click of a button. Replacing the frequent touchpoints such as meeting room booking and feedback tablets, light switches and TV screens inside a conference room with touch-free options, is the need of the hour to curb the spread inside the premises and keep everyone safe.

Commenting on the revamped App, Neetish Sarda, founder Smartworks said, “Technology will be a key enabler for a contactless world and remote collaboration. Our revamped App is a key step in creating a futuristic workplace and promises to deliver an enhanced in-office experience, enterprise-grade capabilities with easy-to-use features. The future workspaces will be a network of connected workplace strategies, tools & technologies, and with the ever-evolving expectations, delivering an Omni-channel customer experience has become imperative for us.”

The App is available for download on the Apple App Store and Google Play for its members and employees.

About Smartworks

Smartworks is India’s largest provider of agile workspaces, with a footprint of over 4 million sq. ft. across 31 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 400 organizations across large enterprises, SMEs and high growth start-ups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, Technology, and customer delight. Smartworks is also the only Indian agile workspace provider to have become profitable in India.

For more information, please contact :

Media Relations

Anita Sharma
Manager
PR & Communications
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9650788255
Email: [email protected]

Pooja
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9663836220
Email: [email protected]

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Co-working Spaces

Co-working Spaces Will Evolve in 2020

There has been a paradigm shift in how people work and how they perceive their future workspaces. Co-working spaces are constantly evolving their business models and setting contemporary trends to establish themselves as a cost-effective solution to enterprises, and meet employees’ demands and aspirations.

According to a CBRE survey, as the demand for co-working spaces multiply, there would be a significant growth in the area occupied by co-working space providers, which will rise from 5.4 million sq. ft in 2018 to about 7-9 million sq. ft by 2020.

Co-working spaces are continually evolving to deploy the latest solutions to revolutionize the overall experience of customers, some of the emerging co-working trends for 2020 will be:

Consolidation and Synergy

As the co-working sector continues to enjoy phenomenal growth, one of the ascending trends in co-working brands would be a consolidation of their portfolios. Over the years, as the co-working sector gets more organized, one can foresee large multi-city players merging with smaller unorganized ones as part of a synergistic and consolidating exercise. As large global investors and prominent real estate players have been indicating their interest in the co-working sector, numerous mergers and stake purchases can be foreseen in the upcoming year. One can expect to see new funding avenues, which will likely boost the confidence, improve the financial viability and secure the future profitability of flexible workplace operators in the country.

Service and Experience Standardization

Experience is the single biggest differentiator that makes or breaks a brand. One of the critical imperatives for flexible workspace providers is to create an unparalleled experience for its members through state-of-the-art amenities and services across multiple cities; that too, a standard experience. By providing a standardized working environment, co-working spaces are providing ample expansion opportunities to their members, allowing them to expand their geographical footprint and ensure happiness and engagement.

Smart Connected Buildings

The world is at a cusp of tech disruption with artificial intelligence and machine learning becoming the most sought after aspects of technology. Real estate as a sector has been fast enough to adapt to these. Large enterprises today look at technologically advanced, collaborative and productive spaces to avoid the hassle of running an office space. Using Internet-of-Things for asset management, spatial analytics, mobile apps and visitor management systems, virtual reality for future office spaces are just a few technological interventions that co-working players have started to adopt. These interventions will enhance monitoring and reporting capability and offer an excellent world-class wireless experience to its members, and also reduce the building management costs.

Quality of clients over quantity

One of the most significant advantages of shared workspaces is ample networking and collaboration opportunities that allow the flow of newer ideas, new connects communication beyond work, and collaboration. Shared workspace providers are becoming exceedingly cautious about the kind of members that they get on-board. Some co-working spaces are putting their members through a vetting screening process to understand if they are a perfect fit for that office space, this enables them to retain their members and drive their events centered around their professional interests. Members, on the other hand, benefit from the community experience offered by co-working spaces and benefit from the collaboration opportunities.

Profitability

Profit plays a crucial role in any business—while companies can focus on market opportunities, but generating profit is equally essential. The primary focus of co-working space providers would towards strengthening their business model and becoming profitable to attract investors. Most of the agile office space providers would strive to maintain an aggressive pricing strategy and churn rate to become profitable.

Sustainability Initiatives

A clean, green and sustainable workspace is not only good for co-workers but the environment as well. Waste reduction strategies, in terms of energy and waste, will translate into cost savings and will be a significant step towards contributing to the broader ecosystem also. Solar energy, elimination of single-use plastic, improved indoor air quality with plants and motion sensors on lighting are some of the initiatives making way into shared workspaces for future sustainability.

Co-working spaces are emerging as an unmatched alternative as they provide the exceptional working experience, with seamless technology integration and extensive corporate grooming sessions to ensure that the workforce is engaged and rejuvenated.

About Smartworks :

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.3 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 400 organizations across large enterprises, SMEs and startups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology, and customer delight experience. Smartworks is also the only Indian agile workspace provider to have become profitable in India.

Central to this ambition is the company’s motto, ‘Workspaces that work for you,’ with the vision of creating the perfect environment by just not building communities, but also ensuring their member employees are productive in the workplace.

For more information, log in to www.smartworksoffice.com

For further information, please contact:

Media Relations

Anita Sharma
Manager
PR & Communications
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9650788255
Email: [email protected]

Pooja
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9663836220
Email: [email protected]

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Founder Neetish Sarda

This Co-Working Space Operator Focuses Only on Enterprises

For more information, log in to www.smartworksoffice.com

For further information, please contact:

Media Relations

Anita Sharma
Manager
PR & Communications
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9650788255
Email: [email protected]

Pooja
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9663836220
Email: [email protected]

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Smartworks Founder and Co-Founder

Co-working market doesn’t have room for 400 players: Harsh Binani, Co-Founder, Smartworks

For more information, log in to www.smartworksoffice.com

For further information, please contact:

Media Relations

Anita Sharma
Manager
PR & Communications
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9650788255
Email: [email protected]

Pooja
Smartworks Coworking Spaces Pvt Ltd
Mobile: +(91) 9663836220
Email: [email protected]

HASSLE- FREE OFFICES IN JUST 30 DAYS

Fill out the form below and our team will contact you.