Smartworks expands multi-city managed office deal with a Forbes 2000 client, adding 1,150 seats in Mumbai, bringing the total to over 5,000 seats across four cities.
The total expected rental revenue from all locations exceeds INR 155 crore, with the new Mumbai deal valued at INR 51 crore.
The deal highlights the trend of large-format, multi-city workspace solutions, with multi-city clients contributing 31% of Q3 FY26 revenue.