Smartworks Leases 5.57 Lakh Sq Ft in Navi Mumbai
Real Estate

Smartworks Leases 5.57 Lakh Sq Ft in Navi Mumbai

Smartworks Coworking Spaces, India’s largest managed office platform, has strengthened its presence in Mumbai by leasing 5.57 lakh sq ft at Intellion Park, Navi Mumbai, a marquee development by Tata Realty and Infrastructure. This marks Smartworks’ largest flexible managed office campus in Mumbai and takes its total leased portfolio in the city past the 1 million sq ft milestone in Q1 FY26.

Strategically located on Thane Belapur Road, Intellion Park is set to become Navi Mumbai’s largest IT Park. With excellent connectivity, thriving residential hubs, and access to a robust talent pool, the new campus has already drawn interest from marquee enterprises seeking scale and premium amenities.

Neetish Sarda, Managing Director and Founder, Smartworks, said, “Mumbai is a strategic market and enterprise demand here continues to accelerate across sectors. Intellion Park, our largest managed office campus in the city, is designed for enterprises that need scale, speed, and experience under one roof. Crossing the 1 million sq ft leased portfolio mark in Mumbai is not just a milestone, it reflects the deep trust enterprises place in our model and our ability to deliver at scale.”

The campus is pre-certified with LEED Platinum, IFC Edge, and WELL Gold standards, featuring solar power, smart automation, underdeck insulation, and high-efficiency LED lighting to deliver measurable reductions in energy consumption while supporting ESG goals.

Sanjay Dutt, Managing Director and CEO, Tata Realty, said, “Our partnership with Smartworks, a proven leader in managed campuses, reflects a shared vision to create world-class, future-ready work environments. With Intellion Park set to become Navi Mumbai’s largest IT Park, and Smartworks’ expertise in building scalable, enterprise-grade campuses, this collaboration is poised to set new benchmarks in the region’s commercial real estate landscape.”

Smartworks currently operates ~12 million sq ft across 14 cities in India and Singapore, serving over 730 marquee clients including Google, EY, Groww, Persistent, Xoriant, and Discovery. Its portfolio includes four mega campuses of over 500,000 sq ft each, including the flagship ~700,000 sq ft Vaishnavi Tech Park in Bengaluru.

News source: Hindustan Times

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Smartworks Coworking Spaces, India’s largest managed office platform, has strengthened its presence in Mumbai by leasing 5.57 lakh sq ft at Intellion Park, Navi Mumbai, a marquee development by Tata Realty and Infrastructure. This marks Smartworks’ largest flexible managed office campus in Mumbai and takes its total leased portfolio in the city past the 1 million sq ft milestone in Q1 FY26.Strategically located on Thane Belapur Road, Intellion Park is set to become Navi Mumbai’s largest IT Park. With excellent connectivity, thriving residential hubs, and access to a robust talent pool, the new campus has already drawn interest from marquee enterprises seeking scale and premium amenities.Neetish Sarda, Managing Director and Founder, Smartworks, said, “Mumbai is a strategic market and enterprise demand here continues to accelerate across sectors. Intellion Park, our largest managed office campus in the city, is designed for enterprises that need scale, speed, and experience under one roof. Crossing the 1 million sq ft leased portfolio mark in Mumbai is not just a milestone, it reflects the deep trust enterprises place in our model and our ability to deliver at scale.”The campus is pre-certified with LEED Platinum, IFC Edge, and WELL Gold standards, featuring solar power, smart automation, underdeck insulation, and high-efficiency LED lighting to deliver measurable reductions in energy consumption while supporting ESG goals.Sanjay Dutt, Managing Director and CEO, Tata Realty, said, “Our partnership with Smartworks, a proven leader in managed campuses, reflects a shared vision to create world-class, future-ready work environments. With Intellion Park set to become Navi Mumbai’s largest IT Park, and Smartworks’ expertise in building scalable, enterprise-grade campuses, this collaboration is poised to set new benchmarks in the region’s commercial real estate landscape.”Smartworks currently operates ~12 million sq ft across 14 cities in India and Singapore, serving over 730 marquee clients including Google, EY, Groww, Persistent, Xoriant, and Discovery. Its portfolio includes four mega campuses of over 500,000 sq ft each, including the flagship ~700,000 sq ft Vaishnavi Tech Park in Bengaluru.News source: Hindustan Times

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement