Smartworks to invest Rs.1 bn on shared office space
Real Estate

Smartworks to invest Rs.1 bn on shared office space

Shared office space provider Smartworks will invest up to Rs.1 bn in expanding its presence in the National Capital Region (NCR), for which it is in the final stages of acquiring 5 lakh sq ft in NCR. The firm is reportedly seeing a lot of traction in Noida so more than 90 per cent of its future...

Shared office space provider Smartworks will invest up to Rs.1 bn in expanding its presence in the National Capital Region (NCR), for which it is in the final stages of acquiring 5 lakh sq ft in NCR. The firm is reportedly seeing a lot of traction in Noida so more than 90 per cent of its future inventory will come there. Its existing building is almost fully occupied so it is on the lookout for fresh property. The new asset should be ready by October. Smartworks acquires entire buildings and converts them into coworking campuses, unlike other coworking operators that usually acquire a floor or portions of a commercial building. The company plans to have 3 mn sq ft of office space in NCR in three years.Contact: Smartworks.Website: www.smartworksoffice.com

Next Story
Infrastructure Transport

45% Work Complete on Murkongselek–Pasighat Rail Line

The Murkongselek–Pasighat new line project, a key initiative by Northeast Frontier Railway (NFR) to enhance rail connectivity between Assam and Arunachal Pradesh, has achieved 45% physical progress as of March 31, 2025. The project, estimated at Rs 12.52 billion, is expected to play a crucial role in regional transportation and economic integration. Spanning 26.15 km, the project is being executed in two phases. In Phase I (Murkongselek to Sille – 15.60 km), earthwork is nearly complete, with 13.75 lakh cubic meters done out of a total 14.16 lakh cubic meters. Work on 18 major and 35 mino..

Next Story
Infrastructure Energy

Vedanta’s TSPL Unveils Punjab’s Largest Biomass Plant

In a major step toward sustainable energy and air pollution control, Talwandi Sabo Power Ltd (TSPL), a subsidiary of Vedanta Ltd, has commissioned Punjab’s largest biomass manufacturing facility near its 1,980 MW thermal power plant in Mansa. With a capacity of 500 tonnes per day, the new plant converts agricultural stubble into torrefied bio-pellets — a high-grade, solid biofuel produced through a thermochemical process. These carbon-neutral pellets offer a cleaner, high-energy alternative to coal and are expected to significantly reduce TSPL’s environmental footprint. Crop stubble, t..

Next Story
Infrastructure Transport

Netincon Wins India’s First Green Tug Tender

In a landmark move toward sustainable maritime operations, Netincon Marketing Pvt Ltd, a subsidiary of the Ripley Group, has emerged as the lowest bidder for India’s first electric green tug tender floated by the Deendayal Port Authority. The company quoted a daily hire rate of Rs 6.3 lakh—5.97% lower than the reserve price of Rs 6.7 lakh. To meet the tender's technical requirements, Netincon Marketing has partnered with Mandovi Drydocks, a Goa-based shipbuilder, to construct the electric tug. The contract will run for 15 years, marking a significant step in India’s effort to decarboniz..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?