Smartworks Expands Hyderabad Footprint With Major Investment

Smartworks Coworking Spaces Ltd is scaling up operations in Hyderabad with a fresh capacity addition. This move underscores the company’s commitment to meeting the growing demand for modern, flexible workspaces in one of India’s fastest-growing business cities.

Investment And Expansion
The company has earmarked approximately 170 million rupees for capacity expansion. The newly leased 125,906 sq. ft facility in Hyderabad will significantly enhance Smartworks’ ability to serve startups, enterprises, and professionals seeking agile workspace solutions.

Strategic Significance
Hyderabad has emerged as a preferred destination for IT, startups, and multinational corporations. Smartworks’ expansion aligns with this trend, positioning the company to capture a larger share of the coworking market while supporting the city’s dynamic business ecosystem.

Key Highlights

• Investment required: about 170 million rupees
• Lease deed signed for 125,906 sq. ft in Hyderabad
• Expansion aimed at meeting rising demand for coworking spaces
• Strengthens Smartworks’ presence in India’s tech and startup hub

Sources: Company announcement, market reports