Smartworks Expands Mumbai Presence with 1.8 Lakh Sq Ft Office Lease in Andheri

The commercial real estate market in Mumbai is witnessing steady growth, especially in the managed workspace segment. In a major development, Smartworks Andheri office expansion has gained attention after the company leased a large office area in Andheri East. This move highlights the rising demand for Mumbai managed office space among enterprises. With businesses preferring flexible and fully serviced workplaces, such investments reflect changing work trends. This blog explains the deal, its impact, and what it means for companies, investors, and professionals in India.

The recent leasing of Smartworks office space in Andheri East involves around 1.8 lakh square feet at The Square, developed by Lloyds Realty. Located near the MIDC commercial zone, this property strengthens the company’s footprint in the city. Through this transaction, the Smartworks Mumbai portfolio has crossed 2 million square feet. This expansion supports the company’s strategy of offering premium flexible office Mumbai solutions for growing enterprises.

The leased property, known as Smartworks The Square Andheri, enjoys strong connectivity. It is located near Chhatrapati Shivaji Maharaj International Airport Terminal 2 and is close to Aqua Metro Line and Marol Naka Metro Station. This location makes it attractive for professionals and companies seeking efficient transport access. As part of Andheri commercial real estate, this area continues to attract IT firms, consulting companies, and financial services organisations.

The rise of managed office space in Mumbai reflects a shift in corporate real estate preferences. Instead of investing in traditional long-term leases, companies now prefer serviced campuses with ready infrastructure. The demand for Mumbai coworking and managed offices has increased due to cost control, scalability, and faster setup. Smartworks has capitalised on this trend by offering end-to-end workspace management services.

Smartworks follows a model where it leases large bare-shell properties and converts them into fully functional campuses. Through Smartworks commercial leasing, the company provides workspaces equipped with cafeterias, gyms, medical centres, and sports zones. With more than 15.3 million square feet across 63 centres, the brand continues to expand in India and Singapore. The deal for Smartworks leases 1.8 lakh sq ft in Andheri Mumbai fits into its long-term growth strategy.

This transaction strengthens Mumbai’s position as a major commercial hub. The addition of Smartworks expands managed office portfolio in Mumbai indicates confidence in market stability. For property developers, such partnerships ensure consistent occupancy and revenue. For occupiers, flexible workspace solutions in Andheri East Mumbai reduce capital expenditure and operational burdens. As a result, the city’s office market becomes more resilient and adaptive.

Enterprises choosing managed office space near Mumbai airport Andheri gain multiple advantages. These include lower setup costs, access to premium facilities, and flexible leasing terms. Start-ups, IT firms, and multinational corporations benefit from ready infrastructure. Employees also enjoy modern amenities and better connectivity. Through Smartworks The Square MIDC Andheri office space, companies can focus more on growth rather than property management.

Mumbai’s improving infrastructure has played a vital role in attracting managed office operators. Metro lines, road upgrades, and airport access have enhanced the appeal of eastern suburbs. Areas like Andheri East now serve as major business corridors. This supports the growth of Andheri commercial real estate and encourages further investments in Smartworks Andheri office projects and similar developments.

Before this Andheri deal, Smartworks expanded in Navi Mumbai, Pune, and Kolkata. The company leased 5.57 lakh square feet in Intellion Park, Navi Mumbai, and 1.66 lakh square feet in Pune. These deals show consistent growth in Smartworks Mumbai portfolio and nationwide operations. Such expansions strengthen its leadership in Mumbai managed office space and beyond.

The demand for managed offices is expected to grow further due to hybrid work models and rising operational costs. Businesses prefer flexible leases and professional management. With increasing interest in Mumbai coworking and managed offices, operators like Smartworks are likely to expand in other micro-markets as well. The success of Smartworks office space in Andheri East indicates positive long-term prospects for the sector.

The leasing of 1.8 lakh square feet in Andheri marks a significant milestone for Smartworks and Mumbai’s office market. It reflects strong enterprise confidence, improved infrastructure, and changing workplace preferences. By strengthening its presence through Smartworks commercial leasing, the company has reinforced its leadership in managed workspaces. For businesses and professionals, this development offers better facilities, flexibility, and long-term value in one of India’s most important commercial cities.

Smartworks has strengthened its presence by leasing 1.8 lakh square feet at The Square in Andheri East, taking its Mumbai portfolio beyond 2 million square feet. This expansion highlights rising demand for managed and flexible offices in the city. With strong connectivity, modern facilities, and professional management, the project benefits businesses and employees alike. The deal reflects Mumbai’s growing commercial strength and supports the long-term growth of the managed workspace sector.