Smartworks adds 7 lakh sq.ft. Vaishnavi Tech Park in Bengaluru to its portfolio

Noida/ August 8, 2022: Smartworks, on Monday announced the addition of the world’s single largest flex space campus to its portfolio. Smartworks has taken on lease Vaishnavi Tech Park (VTP), 7 lakh sq. ft office space in Bengaluru. According to a press release issued by the company, this 50% pre-booked 9000+ seat centre will be operational in the final quarter of 2022. 

Vaishnavi Tech Park, a Grade A multi-functional IT and Business Park, is located next to the IT corridor- Outer Ring Road (ORR). 

VTP is Smartworks’ third location in the ORR region and ninth overall in Bengaluru. 

On the announcement, Neetish Sarda, Founder, Smartworks, said, “In keeping with our mission to provide the greatest workspaces and experiences in large-format, fully managed spaces, VTP represents a new milestone for us. We broke our record for leasing large independent flex spaces to enable a holistic office experience, increasing from 6.4 lakh square feet last year in Pune to this newest centre in one of the largest office markets in India. As part of the return-to-work plan, enterprises are introducing new work patterns and looking to other markets for talent, which has led to a significant increase in demand for our product. Given our large office spaces, we are well-positioned to meet the scalability requirements of clients quickly across markets.”

Last year, Smartworks leased over 3 million square feet across Hyderabad, Bengaluru, Noida, and Pune.