5/23/2023 The Largest Flexible Office Space in India is Being Leased by Neetish Sarda, the Founder of SmartworksRead NowPremier managed office space provider Smartworks has inked the biggest flex office transaction in the country, leasing out 700,000 sq. ft. at Vaishnavi Tech Park in Bengaluru. Split into two North and South Office Blocks, the world's largest flex space campus will provide a variety of unique amenities, including a cafeteria and parking. It also has manicured gardens, a sports area, and other recreational facilities. The Centre has 50% of its 9000+ seats already booked. It will open in the last quarter 2022.
“We are going for bigger centres post covid as companies, who are taking space with us, want the latest amenities in the campus. We broke our record for leasing large independent flex spaces to enable a holistic office experience, increasing from 6.4 lakh square feet last year in Pune to this newest centre in one of the largest office markets in India,” said Neetish Sarda, Founder of Smartworks. “Companies have hired during the pandemic but they haven’t increased their real estate presence. Now, corporates are working on a return-to-work policy and hence looking for flexible space. This has led to an increase in demand”, added Neetish. Read also: 'We Are Honoured To Be Recognized As India's Growth Champion 2023': Neetish Sarda, Smartworks The company now has an expanding footprint of more than 7 million square feet, 38 centres and a presence in 11 cities. 80% of its clients are from the enterprise segment. The Noida-based flexible workspace pioneer isn't content with its accomplishments. It plans to increase its footprint to 10,000,000 sq ft in the financial year. This is what Neetish Sarda calls "the largest expansion in its history." Smartworks also has the largest flex space campus in the world, Vaishnavi Tech Park, located in Bengaluru. It covers 700,000 square feet and includes over 9,000 seats. Smartworks offers a range of IoT-enabled meeting spaces, touchless coffee dispensers, and digital entry and parking. Smartworks also provides sports activity booking and food services. The company aims to reach an INR 1000 Cr revenue milestone in the financial year 2023.
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