Smartworks Coworking Spaces Limited has crossed a major milestone, becoming the first listed flexible workspace provider in India to achieve 10 million sq. ft. of operational portfolio. This reinforces its position as a national-scale infrastructure partner for enterprises.
The milestone follows the operationalisation of its Tata Intellion Park centre in Mumbai, with continued traction from large enterprises, including the addition of a Forbes 2000 company.
Commenting on the achievement, Neetish Sarda, Founder and Managing Director, Smartworks, said, “This milestone reflects the structural shift underway in India’s office market, where enterprise demand is moving towards managed, campus-led solutions that offer scale, consistency, and long-term visibility.” He added, “Achieving this level of operational scale is about the quality of growth anchored in long-tenure enterprise relationships, strong occupancy, and increasing revenue visibility.”
Smartworks’ growth is being driven by rising adoption from large enterprises and Global Capability Centres (GCCs), with demand shifting towards larger campuses, multi-city deployments, and long-term commitments.
The company’s performance reflects this momentum. In Q3 FY26, Smartworks reported revenue of approximately ₹472 crore, up 34% year-on-year, while mature centres operated at around 93% committed occupancy—highlighting strong demand and portfolio stability.
With a footprint of over 15 million sq. ft. across 63 centres in 15 cities in India and Singapore, Smartworks continues to scale its campus-led model, enabling enterprises to expand seamlessly without managing real estate operations directly.
As enterprise workspace needs evolve, this milestone signals a broader shift towards integrated, scalable, and experience-led office solutions.