Smartworks Coworking Spaces Limited has taken a major leap in Mumbai’s commercial real estate market by leasing a 5.57 lakh sq. ft. managed office campus at Intellion Park, Navi Mumbai, developed by Tata Realty and Infrastructure Limited. With this expansion, Smartworks’ total portfolio in the financial hub has surpassed 1 million sq. ft. in Q1 FY26, cementing its position as a key player in the city’s flexible workspace segment.
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A Strategic Move in a Thriving Micro-Market
Situated on Thane Belapur Road, Intellion Park is set to be Navi Mumbai’s largest IT Park. The region is supported by robust social and physical infrastructure, strong residential hubs, and easy connectivity, making it a magnet for enterprises seeking scale and accessibility. The new campus is already drawing attention from marquee clients attracted to its modern amenities and productivity-driven design.
Leadership Vision and Market Confidence
Neetish Sarda, Managing Director and Founder of Smartworks, highlighted Mumbai’s importance as a growth market:
“Intellion Park is our largest managed office campus in the city, built for enterprises that need scale, speed, and seamless experience. Crossing the 1 million sq. ft. milestone in Mumbai showcases the trust enterprises place in us and our ability to deliver at scale.”
Sustainability and ESG at the Core
The Intellion Park campus has secured LEED Platinum, IFC Edge, and WELL Gold pre-certifications. It incorporates solar power, smart automation, underdeck insulation, and high-efficiency LED lighting. These features ensure significant energy savings while enabling enterprises to advance their ESG (Environmental, Social, and Governance) commitments.
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Tata Realty’s Perspective
Sanjay Dutt, Managing Director and CEO of Tata Realty, emphasized the synergy of this collaboration:
“Our partnership with Smartworks reflects a shared vision to deliver future-ready workplaces. With Intellion Park becoming Navi Mumbai’s largest IT Park, combined with Smartworks’ expertise, we are setting new benchmarks for commercial real estate in the region.”
Smartworks’ Growing National Footprint
This marks the fifth large-format campus in Smartworks’ portfolio, following projects such as its 700,000 sq. ft. flagship campus at Vaishnavi Tech Park in Bengaluru. Smartworks specializes in converting bare-shell spaces into fully-serviced, amenity-rich campuses featuring cafeterias, gyms, sports zones, crèches, medical facilities, and convenience outlets.
Currently, Smartworks manages around 12 million sq. ft. of space across 14 cities in India and Singapore, serving 730+ marquee clients including Google, Persistent Systems, Groww, EY, Xoriant, and Discovery.
