Smartworks Leases over Office Space at DLF Cyber City in Gachibowli, Hyderabad
1 week, 2 days ago

Smartworks Leases over Office Space at DLF Cyber City in Gachibowli, Hyderabad

Deccan Chronicle  

Hyderabad:Smartworks Coworking Spaces Limited, today announced expansion of its portfolio with the lease of over 0.22 million square feet of office space at DLF Cyber City in Gachibowli, Hyderabad. The new office space, located in Block 3 at DLF Cyber City marks Smartworks’ fourth centre in Hyderabad, complementing its existing locations at Purva Summit, Galaxy, and Raheja Mindspace- Building 3A and 3B Strategically situated in the IT Corridor of Gachibowli, the new centre is in proximity to HITEC City, offering connectivity to the Outer Ring Road. As on August 14, 2024, the date of filing of the draft red herring prospectus, Smartworks had a total super built-up area of 9.12 million square feet across 45 centres in 13 cities. CBRE Report Flexible Workspaces Segment in India Data as on date of the filing of the draft red herring prospectus dated August 14, 2024; Includes SBA of 0.52 million square feet across one centre in Pune for which the Company has signed a non-binding letter of intent with the respective Landlord.

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Smartworks leases over 2.2 lakh sq ft office space at DLF Cyber City in Hyderabad
Trending News
1 week, 2 days ago

Smartworks leases over 2.2 lakh sq ft office space at DLF Cyber City in Hyderabad

Hindustan Times  

Smartworks Coworking Spaces Limited announced on March 18 that it has leased over 2.2 lakh sq ft of office space at DLF Cyber City in Gachibowli, Hyderabad. The new space addition brings the company’s total footprint in Hyderabad, Telangana, to over 10 lakh square feet, the company said in a statement. The new office space, located in Block 3 at …

Hyderabad’s office space set to surpass 200 million square feet by 2030: CBRE Report
1 month, 2 weeks ago

Hyderabad’s office space set to surpass 200 million square feet by 2030: CBRE Report

The Hindu  

Hyderabad’s commercial real estate market is on a rapid growth trajectory, with the city’s total office stock expected to exceed 200 million square feet by 2030, according to the latest report by CBRE South Asia Private Limited. The report titled ‘HYSEA Scale @ Hyderabad: Global Technology Destination’, highlights that the city currently contributes around 15% of the total office stock …

Hyderabad based iSprout expands base in Gurugram with 50K+ Sq. Ft. Co-Workspace
2 months, 2 weeks ago

Hyderabad based iSprout expands base in Gurugram with 50K+ Sq. Ft. Co-Workspace

Deccan Chronicle  

Hyderabad: iSprout, a leading co-working space provider in India, announced the launch of its first coworking facility in Gurugram. The Gurugram office space reflects our vision of providing flexible, advanced and creative office spaces that nurture productivity and growth. With more than 900+ seats in this first-of-its-kind facility, we are not just meeting the demand for workspace but are setting …

Facebook renews Hyderabad’s Hitech City office lease for ₹2.8 crore monthly rent: Report
3 months ago

Facebook renews Hyderabad’s Hitech City office lease for ₹2.8 crore monthly rent: Report

Live Mint  

Facebook has renewed its Hyderabad office space lease for ₹2.8 crore monthly payment across two separate transactions, reported the news portal Hindustan Times, citing registration documents sourced by Propstack. According to the report, the total office space is 3.7 lakh sq feet, located in The Skyview in Hitech City, Hyderabad, one of the prime IT corridors in the city. Before …

DLF agrees to sell Kolkata IT park to local developers for ₹637 crore
3 months, 3 weeks ago

DLF agrees to sell Kolkata IT park to local developers for ₹637 crore

Live Mint  

Bengaluru: DLF Ltd, the country's largest real estate firm, said on Friday that its subsidiary DLF Info City Developers Ltd has entered into an agreement to sell its commercial office park in Kolkata to local developers Primarc Group and RDB group for ₹637 crore. The 1.4 million sq ft office property—Kolkata Tech Park 1—in suburban Kolkata's Rajarhat area will be …

Smartworks Coworking Spaces files IPO papers with Sebi, eyes ₹550 crore from fresh issue
7 months, 1 week ago

Smartworks Coworking Spaces files IPO papers with Sebi, eyes ₹550 crore from fresh issue

Hindustan Times  

Gurugram-based flexible office operator Smartworks Coworking Spaces has filed its preliminary papers with markets regulator Securities and Exchange Board of India to mobilise funds through an initial public offering. Smartworks Coworking Spaces files draft papers with Sebi, to raise ₹ 550 crore through IPO The IPO will include a mix of fresh issuance of equity shares worth ₹550 crore, and …

Smartworks raises ₹168 crore in funding round from a consortium of investors including Keppel Ltd
9 months ago

Smartworks raises ₹168 crore in funding round from a consortium of investors including Keppel Ltd

Hindustan Times  

Gurugram-based managed and flexible office space provider Smartworks has raised ₹168 crore from a group of investors including Keppel Ltd, Ananta Capital Ventures Fund I, Plutus Capital, family trusts, and certain high-net-worth individuals. Managed and flexible office space provider Smartworks raises ₹ 168 crore in latest funding round from a consortium of investors led by Keppel Ltd The promoters of …

Smartworks expands Pune portfolio; leases 6 lakh sq ft office space
10 months, 1 week ago

Smartworks expands Pune portfolio; leases 6 lakh sq ft office space

Hindustan Times  

Managed workspace platforms, Smartworks, has announced the expansion of its Pune portfolio and has added over 6 lakh sq. Smartworks, has announced the expansion of its Pune portfolio and has added over 6 lakh sq. ft of prime office space The company has leased the space for a total of 15 years in an upcoming commercial tower 43 EQ close …

Table Space takes on lease 13.5 lakh sq ft of managed office space in Bengaluru, Chennai, Mumbai and Hyderabad
10 months, 1 week ago

Table Space takes on lease 13.5 lakh sq ft of managed office space in Bengaluru, Chennai, Mumbai and Hyderabad

Hindustan Times  

Managed office solutions provider, Table Space, has taken on lease more than 13.5 lakh sq ft of managed workspace across Chennai, Mumbai, Hyderabad and Bengaluru on the back of increasing demand from corporates. Table Space has taken on lease more than 13.5 lakh sq ft of managed workspace across Chennai, Mumbai, Hyderabad and Bengaluru on the back of increasing demand …

Smartworks leases 100,000 sq ft in Gurugram
1 year, 1 month ago

Smartworks leases 100,000 sq ft in Gurugram

Hindustan Times  

Managed workspace platform, Smartworks, has leased 1 lakh sq ft of space in a Grade A commercial building in Cyber City, Gurugram, the company said on February 20. Managed workspace platform, Smartworks, has leased 1 lakh sq ft of space in a Grade A commercial building in Cyber City, Gurugram. The newest Smartworks managed office space offers facilities such as …

Managed office space provider Smartworks aims to hit 25 m sq ft across 14 cities in 4-5 years
1 year, 3 months ago

Managed office space provider Smartworks aims to hit 25 m sq ft across 14 cities in 4-5 years

Hindustan Times  

Managed office space provider, Smartworks, is expected to touch 10 mn sq ft by the end of the financial year and hopes to increase its footprint to 25 mn sq ft by the next four to five years. “We hope to achieve a footprint of 10 mn sq ft across 44 centers in 14 cities by the end of the …

Amazon leases over 8 lakh sq ft office space in Gurugram, Hyderabad
2 years ago

Amazon leases over 8 lakh sq ft office space in Gurugram, Hyderabad

Hindustan Times  

E-commerce giant Amazon has leased two prominent office spaces, acquiring over 8 lakh square feet of space in the DLF Downtown project in DLF Cybercity in Gurugram, and Orange Towers in Hyderabad for a period of five years. According to documents accessed by Propstack.com, lease deeds have been signed by Amazon Data Services Pvt Ltd and other group entities for …

Neetish Sarda led Smartworks leases World’s Largest Flex Space Campus In Bengaluru
2 years, 5 months ago

Neetish Sarda led Smartworks leases World’s Largest Flex Space Campus In Bengaluru

Deccan Chronicle  

India’s largest managed workspace platform, Smartworks, has added World’s single largest flex space campus to its portfolio- 7 lakh sq. The world’s single biggest flex space campus, split into a North and South Office Block, offers a plethora of novel amenities, including a cafeteria, parking, a food court, manicured gardens, a sports arena, and other recreational facilities. ft last year …

DLF sells office space in Gurugram for Rs150 crore
6 years, 10 months ago

DLF sells office space in Gurugram for Rs150 crore

Live Mint  

New Delhi: India’s largest realty firm DLF has sold nearly 50,000 sq ft of prime office space in Gurugram for about Rs150 crore on account of rising demand for commercial properties from corporates and institutional investors. DLF, which generally provides office space on lease to corporates, has adopted both lease/sale model for its 12 lakh sq ft office building ‘Two …

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