Smartworks Leases 8.15 Lakh Sq Ft For World’s Largest Workspace

07 Nov 2025 CW Team

Smartworks Coworking Spaces announced on Monday that it has leased 815,000 sq ft of office space at Eastbridge Campus in Vikhroli, Mumbai, from the Hiranandani Group, to create what will be the world’s largest managed workspace campus.

Located along LBS Marg, the new campus is expected to go live in the fourth quarter of 2026, according to the company. The agreement was signed with Regalia Office Parks, the commercial arm of the Hiranandani Group, although the lease value has not been disclosed.

The development follows Smartworks’ recent expansion of 557,000 sq ft at Tata Realty’s Intellion Park in Navi Mumbai, reflecting its continued growth across major urban centres.

Neetish Sarda, Managing Director and Founder of Smartworks, said, “With this centre set to become the largest managed workspace campus globally, we aim to redefine the future of managed offices by setting new benchmarks in flexibility, scale, and design.”

The Eastbridge campus will feature an entry plaza, amphitheatre, super-tree greenscape, yoga and meditation zones, jogging tracks, bicycle parking, and a Miyawaki mini forest, underscoring its focus on sustainability and employee well-being.

Smartworks currently manages 12 million sq ft of office space across 14 cities in India and Singapore, serving corporates seeking flexible, high-quality work environments.

Following the announcement, Smartworks’ shares rose 2.4 per cent to Rs 594.10 on the BSE.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..