The Bengaluru-based company also plans to launch its affordable homes brand, Provident, in the Mumbai Metropolitan Region (MMR) and Pune in the next few quarters. The move comes at a time when the commercial business is slowing down due to Covid-related impact, with many companies talking about permanently or partially shifting to the work-from-home model.
Smartworks is on an expansion spree—planning new facilities in Noida, and more coworking spaces in IT hubs of Hyderabad, Bengaluru and Pune—as demand for flexible office spaces surges in post-lockdown India.