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Gurugram's realty market is surging with gigantic leasing deals revolutionizing the city's commercial hub. Smartworks, one of the prominent players in managed office space, signed a 4.7-lakh-sq-ft deal with office space at DLF City in Gurugram. Worth ₹94 crores in an annual rent, this deal testifies to the area's demand for flexible and high-premium offices.

This lease will drive the strategic importance of Gurugram as a commercial hub catering to businesses looking for modern and collaborative workspaces. The high-end investment in the property by Smartworks is in line with the growing trends of managed office solutions for providing companies cost-effective alternatives to traditional office settings. By coming to DLF City, Smartworks is benefitting from a prime location complemented by world-class infrastructure, easy accessibilities, and proximity to corporate hubs.

This is also a reflection of the post-pandemic shift in workplace preferences, where businesses are looking at flexibility, scalability, and employee-centric spaces. The milestone deal underlines Gurugram's appeal as a preferred destination for large-scale corporate investments. As Smartworks continues to expand its footprint, it further boosts the region's commercial real estate growth, solidifying its position as a critical player in India's managed office space segment.