Expansion Details
Smartworks Coworking Spaces Limited has expanded its presence in Delhi NCR with a new managed office at 4 Worldmark by Bharti Real Estate in Aerocity. The new center spans approximately 1.41 lakh square feet and represents the company's strategy to strengthen its footprint across key enterprise corridors and high-growth office markets.
Location Specifications
The center is located adjacent to Indira Gandhi International Airport in Aerocity, described as Delhi NCR's fastest-growing commercial hub. The location offers strong connectivity and is supported by a robust hospitality and business ecosystem, positioning it to serve multinational corporations, GCCs, and large enterprises seeking premium managed workspace.
Partnership Details
The expansion involves partnership with Bharti Real Estate, continuing Smartworks' relationships with leading developers across India including Hiranandani, Panchshil Realty, DLF, and Tata Realty.
Management Commentary
Neetish Sarda, Founder and Managing Director, commented: "Delhi NCR continues to be one of India's most important enterprise office markets, and Aerocity has emerged as one of its fastest-growing commercial hubs. Strong demand from GCCs and multinational corporations is reinforcing its position as a preferred destination for global occupiers."
Facility Features
The new managed office space at 4 Worldmark features enterprise-grade workplace infrastructure with hospitality-led employee experience in an IGBC Platinum Certified building. Amenities include collaborative workspaces, meeting and training facilities, wellness amenities, executive lounges, and integrated breakout zones. The location provides access to curated food and beverage experiences, retail, and public art.
Financial Performance Update
Smartworks reported Q1 FY27 revenue of ₹546 crore, representing 44% year-on-year growth. Contracted rental revenue stood at approximately ₹5,400 crore, providing strong multi-year revenue visibility.
Operational Metrics
As of June 30, 2026, Smartworks has a total secured footprint of approximately 16.9 million square feet across 70 centers in 15 cities across India and Singapore. The company serves 760+ clients including Fortune 500 and Forbes 2000 companies, MNCs, leading Indian conglomerates and unicorns.
Corporate Background
Smartworks is India's largest managed office platform by overall footprint. The company partners with real estate developers to transform bare-shell assets into fully managed, enterprise-grade campuses. The company also offers SmartVantage, a GCC-focused solution combining scalable campuses with a curated ecosystem of partners across legal, compliance, talent, and operational support.
Listing Information
Smartworks listed on NSE and BSE on 17 July 2025.