Mumbai: Managed commercial spaces brand SmartWorks has announced the opening of its largest managed co-working space in the Mumbai Metropolitan Region at Ghansoli, Navi Mumbai. Spread over 557,000 sq ft, this managed office campus has been developed in partnership with Tata Realty and Infrastructure Ltd.
Located on the Thane Belapur Road, the office space at Intellion Park is looking to become the largest IT Park in Navi Mumbai, backed by well-established social and physical infrastructure, a large talent pool and increasing interest from leading corporations.
“Mumbai is a strategic market and enterprise demand here continues to accelerate across sectors. Intellion Park, our largest managed office campus in the city, is designed for enterprises that need scale, speed, and experience under one roof. Crossing over 1 million sq. ft. leased portfolio mark in Mumbai is not just a milestone, it reflects the deep trust enterprises place in our model and our ability to deliver at scale.” Neetish Sarda, MD and founder of Smartworks said in a press release.
The campus is integrated with solar power, underdeck insulation, high efficiency LED lighting and smart automation, while also earning LEED Platinum, WELL Gold and IFC Edge certifications.
With this development, the Gurugram-based company now manages a portfolio of office spaces exceeding 1 million sq ft in Mumbai alone. The company has now become India’s largest managed offices platform with over 12 million sq ft of managed spaces in 14 cities in India and Singapore.
Global companies are keen to take advantage of India’s large pool of English speaking, highly skilled talent, setting up crucial operations in the country through the Global Capability Centers (GCCs) route. Integrated office spaces provided by Smartworks account for up to 65% of India’s new office supply, according to CBRE’s 2025 India Market Outlook report.
Smartworks’ Rs.67.6 crore IPO was fully subscribed in July this year, despite three consecutive years of losses. Since then, the shares have risen 11% to Rs.510.15 as on September 17 at 5.20 PM.
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