The flexible workspace market in Gurgaon is growingrapidly, andthelatestexampleof this has been the lease of 470,000 square feet in DLF City-Vby Smartworks.Withfour managed campuses in Gurgaon, Smartworksadds to its alreadyestablished locations at Golf View Corporate Towers, RK 4 Square, and ASF Insignia.".This expansion representstheincreasing demand for fully managed and serviced office spaces from businesses thatlookfor agile and efficient work environments. As of August 2024, Smartworks operates 45 centers across 13 cities, aggregatingto a super built-up area of 9.12 million square feet. The company's growth trajectory goeson to align with its plans for an initial public offering, which was approved by the Securities and Exchange Board of India.The proceeds wouldbeusedtowardsprepayment of some loans and general corporate purposes. This development underlines the growing importance of flexible workspaces in meetingthe evolving needs of modern enterprise.