Smartworks Expands Footprint in Delhi NCR with 1.41 Lakh Sq. Ft. Managed Office in Aerocity
Smartworks Coworking Spaces Limited, India's largest managed office platform by overall footprint, has announced a significant expansion into Delhi NCR. The company secured a new managed office space spanning approximately 1.41 lakh sq. ft. at 4 Worldmark by Bharti Real Estate in Aerocity. This addition reflects Smartworks’ strategic focus on strengthening its presence across key enterprise corridors and high-growth office markets within the capital region.The newly established center is strategically located near Indira Gandhi International Airport, positioning Smartworks within one of Delhi NCR's fastest-growing commercial hubs. The location allows the company to cater effectively to multinational corporations, GCCs, and large enterprises seeking premium managed workspace in the national capital area.
This expansion continues Smartworks’ commitment to developing deep relationships with leading real estate developers across India. The company has existing associations with groups including Hiranandani, Panchshil Realty, DLF, and Tata Realty, alongside the new partnership with Bharti Real Estate.
Commenting on the strategic move, Neetish Sarda, Founder and Managing Director of Smartworks, stated that Delhi NCR remains one of India's preeminent enterprise office markets. He added that Aerocity has emerged as a rapidly growing commercial hub, driven by strong demand from GCCs and multinational corporations, solidifying its status as a preferred destination for global occupiers.
The managed office at 4 Worldmark integrates enterprise-grade infrastructure with a hospitality-led employee experience. It is located in an IGBC Platinum Certified building and offers various amenities, including collaborative workspaces, meeting and training facilities, wellness amenities, executive lounges, and integrated breakout zones. The location also provides members with access to local retail and curated food and beverage experiences.
In terms of corporate performance, Smartworks recently reported its Q1 FY27 results. Revenue stood at ₹546 crore, marking a 44% increase year-on-year. Contracted rental revenue was reported at approximately ₹5,400 crore, indicating strong multi-year revenue visibility for the company.
As of June 30, 2026, Smartworks maintains a total secured footprint of roughly 16.9 million sq. ft., spread across 70 centers in 15 cities throughout India and Singapore.
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Smartworks Coworking Spaces Limited is recognized as India's largest managed office platform by overall footprint. The company transforms large, bare-shell assets into fully managed, enterprise-grade campuses for mid to large enterprises, serving over 760 clients including Fortune 500 companies and MNCs.
SMARTWORKS Stock Price Movement
Shares of SMARTWORKS COWORKING SPACES LIMITED are shedding 0.25% as of 9:15 AM, trading at ₹475.45. The stock has seen limited movement so far into the session, with a reported volume of 36 shares in the live market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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