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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

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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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Explore Coworking Space in Amar Sadanand Tech Park, Pune

Smartworks signs India’s Largest Coworking facility in Pune

Pune, November 19, 2019Smartworks, India’s leading agile workspace provider for large enterprises, today signed a 5.00.000 sq. ft. space lease in an upcoming project, Amar Pristine Eighty- Three (AP83) in Koregaon Park, Pune with Amar Builders, and Pristine Properties. The facility will be operational by 2021. With this new facility, Smartworks retains and strengthens its market leadership position in Pune and across India.

AP83 is the largest deal in terms of space signed by any coworking space provider in India. The facility is strategically located in Koregaon Park, the most prominent and prestigious hub for the eastern commercial market of the city with excellent connectivity from all modes of local transport to the airport, railway station, and the proposed metro station. The project design emphasizes sustainable development as well as technology, with a proposed Green Certification and design implementation of IoT for building management. The project offers one the largest floor plates within the micro-market and is an ideal destination for growing business within the ever-growing Pune commercial market.

Smartworks has over 6000 seats across its four facilities in Pune with over 90% occupancy; AP83 will be its 5th facility in the city.

Commenting on the deal, Mr. Neetish Sarda, Founder of Smartworks, said,” We are delighted to partner with Amar Builders and Pristine Properties for our largest coworking space in the country. We have received an incredible response from Pune, and with robust office space demand, we believe the city is all geared up to lead the next wave of growth. This new facility will add to our growing portfolio and help us meet the office space demand from the enterprises in the region.”

Commenting on this partnership, Mr Hrishikesh Manjrekar Executive Director -Amar Builders said, “The coworking segment has gained momentum in the last few years. We are happy to partner with Smartworks to cater to Pune’s ever-growing demand for curated coworking spaces for enterprise and start-up segment. With the strategic location and design that maximizes the spotlight, AP83 offers a plethora of shops, boutiques, restaurants, and cafes under one roof and hence is a preferred office location.

Smartworks and Amar Builders have joined hands for the second time after the success of its 1.5 lakh sq. ft. area facility, ASTP, in Baner, Pune. We look forward to strengthening our association on future projects as well,” he added.

Commenting further, Mr Pritam Goyal, Managing Director of Pristine Properties, said,” Smartworks’ consistent dedication to client-centric values, has made them a leader in delivering office experience, and we are thrilled to partner with them on this project. AP83 is one of the most prestigious projects, and we are confident that it will offer its occupants the optimal environment for their new office spaces.”

Smartworks recently raised the US $25 million from Singapore based Keppel Land – Asia’s premier real estate developer and multi-faceted property company. Presently, Smartworks has 23 operational centres in nine cities, offering a total of about 43,000 workstations spread over 2.3 million sq. ft.

At present, Smartworks caters to over 400 organizations, comprising mainly large enterprises and high-growth start-ups such as Amazon Web Services, Bacardi Limited, DHL, Ernst & Young, Hitachi, Jaguar Land Rover Automotive PLC, Microsoft Corporation, Petronas, Red Hat, Ricoh, and Samsung.

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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Smartworks Investment

Keppel Land invests in Smartworks, a leading pan-India flexible space solutions provider

New Delhi/Noida, 31st October 2019 –Keppel Land Limited (Keppel Land) has invested US $25 million in Smartworks Coworking Space Pvt. Ltd (Smartworks), a leading pan-India flexible space solutions provider with a presence in nine major Indian cities, namely, Delhi, Noida, Gurgaon, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune.

Founded by Neetish Sarda and co-founded by Harsh Binani in April 2016, Smartworks has grown rapidly to become India’s market-leading provider of quality flexible spaces for enterprise companies. Presently, Smartworks has 23 operational centres in nine cities offering a total of about 43,000 workstations spread over 2.3 million sf. Its centres currently cater to over 400 organisations, comprising mainly large enterprises and high-growth startups such as Amazon Web Services, Bacardi Limited, DHL, Ernst & Young, Hitachi, Jaguar Land Rover Automotive PLC, Microsoft Corporation, Petronash, Red Hat, Ricoh and Samsung. Over the next five years, Smartworks plans to grow its footprint to 20 million sf and provide office solutions for over 200,000 working professionals.

Mr. Tan Swee Yiow, CEO of Keppel Land,, said, “Smartworks’ innovative business model, coupled with its strong knowledge of the Indian enterprise office segment and execution abilities, is highly scalable and relevant, particularly in India’s growing market for commercial office spaces. This investment allows Keppel Land to enter one of the world’s fastest-growing flexible office markets, opening doors for further growth through this collaboration.

“There are also many opportunities for cross-learning and collaboration between Smartworks and Keppel Land’s smart serviced co-office platform, KLOUD, which currently has a presence in Singapore, Vietnam and Myanmar.”

Mr Neetish Sarda, Founder of Smartworks, said, “We are delighted to partner with Keppel Land, Asia’s premier real estate developer and multi-faceted property company. We are excited to continue driving our exponential growth in our mission to deliver lasting and affordable office experiences with state-of-the-art office infrastructure and recreational facilities for India’s leading enterprises in partnership with Keppel Land.

“The flexible space segment in India has been growing rapidly, and Smartworks has been an active participant in this business over the past three years, with a large and widespread network across nine cities. Smartworks is also already cash flow positive and is profitable at a consolidated level. With this strategic investment by Keppel Land, we will be able to scale up even more rapidly across India’s Tier 1 and Tier 2 cities and further invest in building up our next generation product, improving client experiences, as well as boosting our talent and technology.”

Smartworks provides office spaces which can be rapidly configured and customised in just four to six weeks according to the needs of their enterprise clients, offering a full suite of solutions at a value price point without upfront capital expenditure. All of its centers include common amenities such as cafeterias, meeting spaces, training rooms, crèches, gymnasiums, and first-aid clinics, which have been well-received by clients. Smartworks was also the first agile space provider in India to use a humanoid robot for operational duties.

Strong economic fundamentals, growing urbanisation and the government’s
pro-business policies have led to India attracting an influx of foreign investment across all sectors, in particular, the property market. Leasing activity in the commercial real estate segment rose by 40% year-on-year (y-o-y), crossing 30 million sf in the first half of 2019, the highest recorded, and is poised to reach 50 million sf by end-2019. Within this segment, the flexible space market has risen by 52% y-o-y in the first half of 2019.

The above transaction is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

About Keppel Land Limited

Keppel Land is the property arm of Keppel Corporation, a multi-business company providing solutions for sustainable urbanisation, with key businesses in offshore and marine, property, infrastructure and investments.

As a multi-faceted property company, Keppel Land provides innovative real estate solutions with its sterling portfolio of award-winning residential developments, investment-grade commercial properties and integrated townships.

Keppel Land Limited is geographically diversified in Asia, with Singapore, China and Vietnam as its key markets, while it continues to scale up in other markets such as Indonesia and India.

Keppel Land is Asia’s premier home developer, with a pipeline of about 46,000 homes in Singapore and overseas. It is also a leading prime office developer in Singapore and is committed to grow its commercial portfolio in key Asian cities including Shanghai, Beijing and Tianjin in China, Ho Chi Minh City in Vietnam, Jakarta in Indonesia, Manila in the Philippines and Yangon in Myanmar.

About Smartworks :

Smartworks is a leading pan-India flexible space solutions provider, with a footprint of more than 2.3 million sf across 23 locations in 9 cities, namely, Delhi, Noida, Gurgaon, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune, catering to more than 400 organisations across large enterprises and fast growing start-ups. Founded in April 2016 by Neetish Sarda and Harsh Binani, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology and customer delight experiences. Within a short span of three years, Smartworks is profitable at a consolidated level.

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:

For Keppel

Media Relations

Frances Teh
Senior Manager
Group Corporate Communications
Keppel Corporation Limited
Mobile: (65) 64136437
Email: [email protected]

Investor Relations

Guo Xiaorong
Assistant Manager
Group Corporate Communications
Keppel Corporation Limited
Mobile: (65) 6413 6475
Email: [email protected]

For Smartworks

Media Relations

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

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270 sq.ft lease in Noida

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

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office space

Smartworks leases over 270k sq ft in Noida

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

HASSLE- FREE OFFICES IN JUST 30 DAYS

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workspace

Why co-working space

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

HASSLE- FREE OFFICES IN JUST 30 DAYS

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coworking space

Smartworks to raise $35m

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

HASSLE- FREE OFFICES IN JUST 30 DAYS

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


officespace

Co-working firm Smartworks to raise $35-mn growth fund

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

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The New Bubble

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

HASSLE- FREE OFFICES IN JUST 30 DAYS

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


coworking space

Smartworks Picks up 270k sq ft in Noida on Lease for Nine Years 

The flexible office spaces provider has been growing in southern and western India and expects to expand its portfolio to 10 million sq ft by 2022

BENGALURU: Flexible office spaces provider Smartworks has picked up more than 270,000 square feet (sq ft) in Noida through a longterm lease spread over nine years. This is its largest facility with a seating capacity of 5,500 and is adjacent to the Delhi-Noida Expressway. 

The Delhi-based co-working spaces operator has signed eight new lease agreements totalling around 800,000 sq ft across Bengaluru, Chennai, Pune and Noida since the beginning of this year. 

Smartworks’ total footprint has touched around 2.8 million sq ft, with a total investment of $25 million so far. “We are very bullish on scaling our business in the existing cities. Around 60% of these facilities are operational and the remaining will go live in a month’s time as we have already signed up clients for each one of them,” said cofounder Harsh Binani. 

Smartworks has been growing in southern and western India since early 2019 and is expected to expand its workplace portfolio to 10 million sq ft by 2022. “Smartworks has clocked over ?100 crore in revenue and has been profitable for an entire year at the corporate level,” Binani said. Currently, it has 35,000 seats spread across 23 centres in nine cities, including the national capital region (NCR), Mumbai, Bengaluru, Hyderabad, Pune, Chennai and Kolkata. 

“Smartworks is into a large-format play and the average space take-up by each of our clients is about 280 seats, spread across about 10,000 sq ft,” said Binani. The office spaces market grew 21% yearon-year in the first half of this year, according to industry tracker JLL. “Net absorption of office space across top seven cities touched nearly 22 million sq ft,” it said. The growth in demand was driven by co-working players (15% of overall leasing) and IT/ITeS space (37% of overall leasing), JLL .

Other Link

https://www.projectstoday.com/News/Smartworks-picks-up-270000-sq-ft-in-Noida-on-lease

http://realtyplusmag.com/smartworks-leases-270000-sq-ft-space-in-noida-for-nine-years/

https://realty.economictimes.indiatimes.com/news/commercial/smartworks-leases-270000-sq-ft-space-in-noida-for-nine-years/70479759

https://content.magicbricks.com/property-news/delhi-ncr-real-estate-news/smartworks-leases-270000-sqft-space-in-noida-for-nine-years/107866.html

https://landisters.com/news/2019/08/02/smartworks-leases-270000-sq-ft-space-in-noida-for-nine-years/

http://www.propertynewsindia.in/2019/08/smartworks-leases-more-than-2-lacs-sqft-space-in-noida-for-nine-years/

National Real Estate Development Council

http://www.naredco.in/news-updates-details.asp?id=26072&prYear=2019&xmon=Aug&st=1&links=nw2

About Smartworks: 

Smartworks is India’s largest provider of agile workspaces, with a footprint of 2.8 million sq. ft. across 23 locations in 9 cities (Delhi NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai, and Pune) catering to more than 600 organizations across large enterprises, SMEs and start-ups. 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

Media Contacts:

Anita Sharma
Email: [email protected]
Mobile: +91 96507 88255

HASSLE- FREE OFFICES IN JUST 30 DAYS

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