Smartworks inks 8.15 lakh sq ft office space deal in Mumbai with Hiranandani Group

Smartworks Coworking Spaces, India’s largest managed office platform by total area under management, has signed an agreement to license over 8.15 lakh square feet of workspace at Eastbridge, Mumbai, a marquee commercial development by Regalia Office Parks Private Limited, the commercial office arm of the Niranjan Hiranandani Group.

This announcement follows Smartworks’ recent expansion of 5.57 lakh sq. ft. at Tata Realty’s Intellion Park, Navi Mumbai, further consolidating its footprint in India’s key business hubs.

Located strategically in Vikhroli (West) on LBS Marg, one of Mumbai’s most dynamic business corridors, the campus is scheduled to go live in Q4 of CY 2026, Smartworks said in a release today. “Eastbridge is the world’s largest managed office campus and the biggest - ever leased globally by a managed workspace provider, underscoring Smartworks’ category leadership.”

This latest milestone expands Smartworks’ growing portfolio, which now includes six large office campuses across India, each spanning over 5 lakh sq. ft.

“Our alliance with the Niranjan Hiranandani Group for Eastbridge marks a major milestone in Smartworks’ journey. With this new centre set to become the largest managed campus globally, we continue to break our own records and set new benchmarks in the managed workspace segment,” said Neetish Sarda, Managing Director & Founder, Smartworks.

Sarda added that Eastbridge is designed to go beyond traditional office spaces, offering a wellness-driven, collaborative environment featuring an entry plaza, amphitheatre, super-tree greenscape, yoga and meditation zones, jogging tracks, bicycle parking, and a Miyawaki mini forest.

“Our partnership with Smartworks for Eastbridge reflects a shared belief in the future of large, people-first campuses. Eastbridge represents how design, sustainability, and scale can converge to create truly global-standard workplaces. Smartworks’ proven expertise makes them the ideal partner to bring this vision to life,” said Niranjan Hiranandani, Founder & Chairman, Hiranandani Group.

The Eastbridge campus is being developed to meet WELL Certified Core, Pre-certified IGBC Gold Green Building, and Pre-certified IGBC Gold Health & Well-being standards, underscoring both companies’ commitment to sustainability and wellness. The facility will feature green energy systems, EV charging stations, rainwater harvesting, organic waste converters, and landscaped green buffers.

Well-connected via the Central Railway line, Jogeshwari–Vikhroli Link Road (JVLR), and the Eastern and Western Express Highways, Eastbridge also benefits from an upcoming metro line and a planned flyover linking LBS Marg to the Eastern Express Highway—enhancing accessibility for enterprises, the release noted.

Reacting to the news, Smartworks shares rose 3% to close at ₹597.75 on the BSE, with a market capitalisation of ₹6,829.56 crore.

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