Expansion1 April 2026 at 03:00 pm
Smartworks Coworking Spaces Ltd Expands Operational Capacity by 1,25,906 Sq. Ft in Hyderabad
AI Summary
Smartworks Coworking Spaces Ltd has entered a lease deed for capacity addition in Hyderabad, measuring 1,25,906 Sq. Ft. This expansion will result in an increase in the company's operational capacity. The new capacity is expected to be added within April 2026, with an investment of approximately INR 17.00 Crores. The rationale behind this capacity expansion is to support business growth and expand the company's operational footprint.
Key Highlights
- Smartworks Coworking Spaces Ltd leased 1,25,906 Sq. Ft in Hyderabad for capacity addition.
- The new capacity will increase the company's operational capacity.
- The proposed capacity is to be added within April 2026.
- The investment required for this expansion is approximately INR 17.00 Crores.
- The capacity expansion aims to support business growth and expand the company's operational footprint.