Tag Archives: coworking trends

Is Generation Z Redefining Indian Workspace

India’s leading Sports Management Institute IISM moves into Smartworks, Mumbai

  • Smartworks becomes the first managed office space provider to configure workspace and coworking trends for an Education Institute
  • IISM offers specialized degree programs in association with the University of Mumbai

Mumbai, August 12th, 2019: Smartworks has become India’s first agile workspace space provider to apply space as a service for classroom training. The firm has leased out 25000 sq.ft to Nilesh Kulkarni’s International Institute of Sports Management (IISM). For the first time, a management education institute has moved into an agile workspace with coworking trends, which otherwise is usually occupied by enterprises, start-ups, and freelancers. Smartworks have a total footprint of 2.8 million sq. ft. across 23 locations in 9 cities and is the only Indian bootstrapped workspace provider to have become profitable.

With IISM in Smartworks’ facility at Fleet House in Mumbai’s Andheri locality, the market leader in enterprise onboarding has brought in a completely untouched sector, Education, into the rapidly growing ambit of co-working spaces. This new addition will change the way shared workspaces were perceived; they are not just for working but for learning as well.

IISM, founded by former Indian Test cricketer Nilesh Kulkarni, is the foremost institute involved in the most unexplored education avenues to meet the demands of the growing sports industry. Imparting excellence in the sports educational sector for 10 years, IISM has emerged as one of the best institutes for sports management education in India. The education institute will be conducting classroom training for specialized degree programs namely Bachelor of Sports Management and Master of Sports Management in association with the University of Mumbai and 11 months autonomous Post-Graduation Program in Sports and Wellness management within the Smartworks premises with over 500 students.

The facility is now booked more than 90% and has a total footprint of almost 1 lakh sqft in Mumbai. It provides close proximity to business district Bandra- Kurla complex and the Western Expressway and currently hosts a mix of corporates such as CRISIL, Marsh Insurance, NEC Technologies to name a few.

“We are excited to have India’s most prestigious Sports Management institute with new coworking trends in Smartworks. We have yet again proved our capability of configuring spaces as per client requirements irrespective of the business domain. With this first of its kind association between an education institute and Smartworks, we are certain that these spaces will become the next classrooms soon. We remain committed to providing unmatched experience and solutions to businesses that will help them boost the company as well as industry growth to remain productive and further the step towards innovation in the country,” said Neetish Sarda, Founder of Smartworks.

Commenting on the recent move-in Nilesh Kulkarni, Founder IISM, said, “At IISM we believe in nothing but the best when it comes to imparting education to our students so that they learn and grow. We want our students to meet their aspirations in an environment where they are pumped up with energy and positivity. Our ultimate goal is to ensure an atmosphere for them so that they stay active, productive and lively throughout their sessions. IISM campus has eight 30-seater to 120-seater classrooms, an exclusive research lab for our students, a cafeteria with a vibe where students can enjoy break time and common breakout areas for students to unwind themselves during free-time. Given that the facility is centrally located in the city, adjacent to Marol metro station, it is convenient for the students to access any mode of transportation for commuting which makes the location a strategic fit for our institute.”

Smartworks has created a niche for itself in the co-working space industry with a new coworking trend and by bringing enterprises into the purview and leasing entire floors to the latter.

“We are witnessing growing interest from corporates in Mumbai across sectors including IT, sports, banking and e-commerce among others. The large demand stems from the benefits and array of facilities provided to our members across our centers which include state-of-the-art infrastructure, vast opportunities to network and exchange ideas, a productive work environment, and services that ensure a happy and stress- free workspace,” Nitish added.

Since its inception in April 2016, Smartworks has been aggressively expanding its footprint across key cities in India due to the growing demand for agile workspaces. Technologically sound while focusing on customer delight, encouraging collaboration, ease of doing business and overall community building for enhanced productivity remain Smartworks’ key focused areas while serving customers.

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

learn more about coworking trend

Coworking. Smartworks. Indian Cities.

In the last half a decade, the Indian work environment is going through a huge transformation with the dawning of coworking trends across the country. At the moment, there are more than 1000 shared workspaces present in all the major Indian cities with over 200 players operating them. Industry experts expect that with the coworking trend, the numbers will grow with time and leased spaces by coworking firms in tier 1 and tier 2 cities could reach 6 – 10 million sq. ft. by 2020. According to a recent CBRE report, in the first quarter of 2019, flexible workspaces saw a leap of 277% in leasing to around 3 million sq. ft. of office spaces.

Owing to the various benefits these flexible workspaces offer, enterprises are getting more inclined towards this contemporary office concept. Although the coworking spaces mushroomed on India’s burgeoning start-up community and freelancers, yet they are no longer restricted to only these two segments of the working population. Over the years, big enterprises and SMEs are becoming an integral part of the Indian coworking community by setting up their offices in these agile workspaces. After being largely adopted in the major cities of the country, the industry is now spreading its wings to tier 2 and tier 3 cities.

Bangalore and Delhi NCR are the most preferred markets for these flexible workspace operators in India, accounting for half of coworking space leasing in the country. Mumbai, Hyderabad, and Chennai trail the list, yet the present growth indicates that the working environment in these cities too is going to get a makeover in the coming times. Cost-efficiency, flexibility, endless networking opportunities, presence of a thriving community and prime location to name a few, there are various reasons for which the concept of coworking is being embraced by companies of all types and sizes. Furthermore, the present working population of India consists of a huge chunk of millennials who like to work in flexible and vibrant environments where they can meet and connect with people with a similar mindset.

Over the years, India has seen the emergence of several players in the market, but unfortunately only a few have been able to fulfill the demands of coworking places in the country. Smartworks is one such co-working company that has made a mark in the industry with its extraordinary workspace solutions and thus, has expanded drastically in just a couple of years. With a mission to create a sustainable work environment, the company started its mission with its first office in the National Capital Region and within just a span of three years, it has its footprints across 9 cities in the country. At the moment, Smartworks takes pride in accommodating 50,000 members from 600 companies spreading across its 23 locations. Looking at the present scenario, industry experts have opined that the company is soon going to make an everlasting impression in the Indian market and beyond.

With the advent of coworking space operators like Smartworks, it can be said that these flexible shared workspaces are the future of the working environment. However, currently, the demand for coworking spaces is at an all-time high which calls for more agile workplaces across the nation.