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In a major deal in Gurugram's commercial real estate space, Smartworks has leased 4.8 lakh square feet in a DLF property, agreeing to pay an annual rent of ₹94.68 crore for six years.

This is a huge investment and shows the growing demand for high-end office spaces in Gurugram, which is fast becoming a key business destination in India.

This is, therefore, part of the Smartworks strategy for meeting the changed needs of today's business. The company intends to lease up a large amount of space here to offer several workspace solutions. These include private offices, collaboration zones, and state-of-the-art meeting rooms, all created to increase productivity and inspire innovation.

This development also speaks to a larger trend in the commercial real estate market, where businesses are increasingly opting for flexible office solutions to accommodate dynamic work models and scalability requirements. The partnership between Smartworks and DLF is going to set a new benchmark in the coworking industry, offering a blend of convenience, luxury, and functionality to its clientele.

Such major leasing also brings in the growth of the economy in the region by inviting diversified industries and keeping the business-cum-industrial hub on fire. When companies want flexibility and employee well-being, the office space also has to be flexible and capable so that workers will be attracted to it, thereby raising the corporate headquarters market even more firmly in Gurugram.

Summarily, Smartworks' big lease deal in Gurugram is a reflection of the company's commitment to expanding its footprint in key markets and addressing growing demand for flexible, high-quality office spaces. This move will not only add to Smartworks' portfolio but also contribute to the dynamic commercial landscape of Gurugram