Smartworks, a managed workspace provider, plans to invest up to ₹600 crore as part of its expansion in the current fiscal year, citing continued demand for flexible and managed office space. Business Line reports the company’s expansion plan is set at ₹600 crore for FY27, while NDTV says Smartworks intends to invest between ₹550 crore and ₹600 crore during this fiscal period.
Both outlets frame the move as driven by office demand for flexible work environments. Business Line adds that the company invests at a similar scale, stating it put nearly ₹400 crore into capital expenditure last fiscal year. The two reports differ slightly in the exact phrasing of timing—FY27 versus the current fiscal year—and in the precision of the planned spend range, but they align on the overall investment magnitude and the demand rationale.
