Co-working space provider Smartworks opens second facility in Chennai

NEW DELHI: Smartworks, a provider of managed workspaces, opened its second facility in Chennai on Old Mahabalipuram Road (OMR), bringing its total footprint in India to over 1.2 million sq. ft, according to a release.The facility at OMR, Chennai is spread across 85,180 sq. ft. with a seating capacity of 1,500 seats. With this launch, Smartworks is taking its total number of centers in India to 15 across nine cities: Delhi, Gurugram, Noida, Kolkata, Bangalore, Mumbai, Pune, Hyderabad and Chennai. Launched three months ago, Smartworks first center in Chennai at Guindy was fully occupied by more than 10 companies within two months as demand for shared workspaces in the city is increasing. Currently, Smartworks has brought on board several clients, counting Tata Communications, Microsoft, Arcelor Mittal, Amazon, Carrier, Daikin, Lenovo, Bacardi, Swiggy, Rivigo, Otis and OLX among its 500+ strong client base.Speaking of the launch in Chennai, Smartworks founder, Neetish Sarda said, “Chennai is witnessing a rise in demand for office spaces. This is a huge accomplishment for us. Chennai is fast emerging as a destination for information technology, outsourcing, manufacturing and enterprises, that has led to entry of global firms here.”65620251 He added, “The facility in OMR complements our already functional Smartworks facility in Guindy was booked out 100% within two months of its launch which has led to the opening of this new facility in OMR. We are bullish on the sector we operate in and see ourselves expanding very fast in the next three years, targeting 10 million sq. ft.” In its one of a kind collaboration, Smartworks announced its association with Episource, a US headquartered company with operations across India and the Philippines. In their recent expansion with Smartworks, they have occupied eight of the ten floors at OMR Centre, seating 1,400 of their new employees.65620253 “Outsourcing our office management to co-working operators allows us to focus on our core competency— medical record review services,” said Sishir Reddy, CEO, Episource.The OMR area of Chennai is the IT corridor of the city. The area offers a good mix of residential and office complexes, contemporary structures, swanky eateries and a growing number of entertainment zones.With demand for customized workspaces growing rapidly across Tier 1 & Tier 2 cities, Smartworks is targeting 10 million sq. ft. of managed office space over the next three years.

from The Economic Times https://ift.tt/2PTo3A0