Expansion27 May 2026, 02:46 pm
Smartworks Leases ~4.92 Lakh Sq. Ft. in Bengaluru
AI Summary
Smartworks Coworking Spaces Ltd has expanded its presence in Bengaluru by leasing a new campus at Sattva Aura, spanning approximately 4.92 lakh sq. ft. This move strengthens Smartworks' focus on large-format managed campuses in key enterprise corridors. The company reported revenues of ₹1,796 crore for FY26, a 31% year-on-year increase, and has a contracted rental revenue of over ₹5,200 crore. Smartworks now operates across 16.1 million sq. ft. in 66 centers across 15 cities, including Singapore.
Key Highlights
- Smartworks leases ~4.92 lakh sq. ft. office space at Sattva Aura in Bengaluru.
- The new campus is located on Outer Ring Road, a key commercial corridor.
- Smartworks' FY26 revenue reached ₹1,796 crore, up 31% year-on-year.
- Contracted rental revenue stands at over ₹5,200 crore.
- Smartworks operates across 16.1 million sq. ft. in 66 centers.