Smartworks leases tower in Pune s Balewadi for coworking with 8,000 desks. The Indian market has become one of the fastest-growing centers for flexible office spaces, driven by the rising demand for adaptable workspace solutions from large corporations and dynamic startups worldwide, especially after the Covid-19 pandemic.
Smartworks, a leading co-working firm in India, is expanding its footprint with a new centre in Gurugram s Cyber City. With over 8 million sq ft across 14 cities, it plans to raise $70-90m for future growth. The flexible office space industry is estimated to reach 81 million sq ft by 2025.