Jatin Singh
Jatin Singh works with real estate clients along the value chain, such as investors or real estate investment trusts, developers, operators, and real estate services firms on issues of strategy, organization, operations, capital project execution, and advanced analytics.
Moodle. Neetish Sarda, Founder of Smartworks Managed office space provider Smartworks has leased a 5.6 lakh sq ft area in Pune, and invested around Rs 150 crore to set up a new centre as part of its strategy to expand the business amid rising demand for flexible workspaces.
Real estate consultant JLL India helped Smartworks in taking this large office space on lease in a premium commercial property ‘M-AGILE’ at Baner in Pune. Noida-based Smartworks said in a statement that it has taken on a lease 5.6 lakh sq ft office space from a developer to set up its seventh centre in Pune. Smartworks and JLL India have termed the leasing deal of 5.6 lakh sq ft as the “biggest” in the flexible office space segment.
The new centre, with a capacity of over 8,500 desks, has been set up with an investment of around Rs 150 crore, Smartworks said. The new coworking centre will become operational in September. Neetish sarda Smartworks leases office space in Pune; invests Rs 150 cr. Managed office space provider Smartworks has leased a 5.6 lakh sq ft area in Pune, and invested around Rs 150 crore to set up a new centre as part of its strategy to expand the business amid rising demand for flexible workspaces.
Real estate consultant JLL India helped Smartworks in taking this large office space on lease in a premium commercial property ‘M-AGILE’ at Baner in Pune. Noida-based Smartworks said in a statement that it has taken on a lease 5.6 lakh sq ft office space from a developer to set up its seventh centre in Pune. Smartworks and JLL India have termed the leasing deal of 5.6 lakh sq ft as the “biggest” in the flexible office space segment. The new centre, with a capacity of over 8,500 desks, has been set up with an investment of around Rs 150 crore, Smartworks said.
The new coworking centre will become operational in September. Smartworks – Neetish Sarda, Founder Smartworks. Neetish Sarda, Founder of Smartworks Due to the advantages of ‘workspace-as-a- service,’ the coworking sector will witness a surge in demand from occupiers looking for flexible, upgradable, and adaptable spaces.
The pandemic has accelerated the need for flex spaces with hybrid work model taking centre stage. The year 2021 will focus on low touch / contactless technology or smart offices for touchless transactions, ergonomic designs, safety first spaces, and sustainability. With work from anywhere gaining momentum, flex space providers with a strong presence stand to benefit as more corporations gear up for the hub-and-spoke model, taking up satellite offices closer to their employees to avoid long travelling hours. Flex spaces are no longer just an option for corporations but will become a crucial part of their future strategy. Source. Moodle. Neetish Sarda, Founder of Smartworks Due to the advantages of ‘workspace-as-a- service,’ the coworking sector will witness a surge in demand from occupiers looking for flexible, upgradable, and adaptable spaces.
The pandemic has accelerated the need for flex spaces with hybrid work model taking centre stage. The year 2021 will focus on low touch / contactless technology or smart offices for touchless transactions, ergonomic designs, safety first spaces, and sustainability. With work from anywhere gaining momentum, flex space providers with a strong presence stand to benefit as more corporations gear up for the hub-and-spoke model, taking up satellite offices closer to their employees to avoid long travelling hours.
Smartworks – Neetish Sarda, Founder Smartworks. Neetish Sarda, Founder of Smartworks Due to the advantages of ‘workspace-as-a- service,’ the coworking sector will witness a surge in demand from occupiers looking for flexible, upgradable, and adaptable spaces.
The pandemic has accelerated the need for flex spaces with hybrid work model taking centre stage. The year 2021 will focus on low touch / contactless technology or smart offices for touchless transactions, ergonomic designs, safety first spaces, and sustainability. With work from anywhere gaining momentum, flex space providers with a strong presence stand to benefit as more corporations gear up for the hub-and-spoke model, taking up satellite offices closer to their employees to avoid long travelling hours. Flex spaces are no longer just an option for corporations but will become a crucial part of their future strategy.
Budget Expectations: Neetish Sarda, Founder Smartworks. Neetish Sarda, Founder of Smartworks “With the Pandemic having accelerated the need for flexible office spaces, and coworking market poised for growth with new entrants, expectations are for a new/ reduced TDS bracket for service payment to coworking spaces.
We hope the budget would also allocate more funds towards IT infra spending as we believe technology and digitization are the way forward for commercial real estate and coworking segment in specific. There is a need for an industry status, single window clearance and reinstatement of Input Tax Credit in GST. We look forward to a stimulus to investments in commercial real estate in the upcoming union budget, thereby providing a significant fillip to the growth engine, creating jobs, and spur in demand. Moodle. Neetish Sarda, Founder of Smartworks “With the Pandemic having accelerated the need for flexible office spaces, and coworking market poised for growth with new entrants, expectations are for a new/ reduced TDS bracket for service payment to coworking spaces.
We hope the budget would also allocate more funds towards IT infra spending as we believe technology and digitization are the way forward for commercial real estate and coworking segment in specific. There is a need for an industry status, single window clearance and reinstatement of Input Tax Credit in GST. Budget Expectations: Neetish Sarda, Founder Smartworks. Neetish Sarda, Founder of Smartworks “With the Pandemic having accelerated the need for flexible office spaces, and coworking market poised for growth with new entrants, expectations are for a new/ reduced TDS bracket for service payment to coworking spaces.
We hope the budget would also allocate more funds towards IT infra spending as we believe technology and digitization are the way forward for commercial real estate and coworking segment in specific. There is a need for an industry status, single window clearance and reinstatement of Input Tax Credit in GST. We look forward to a stimulus to investments in commercial real estate in the upcoming union budget, thereby providing a significant fillip to the growth engine, creating jobs, and spur in demand. Also Read: WORK-FROM-HOME FATIGUE SETTING IN : NEETISH SARDA OF SMARTWORKS Another wish in the pan is that the government should provide for allowance of capital expenditure incurred by the companies in the coworking segment. Moodle. Smartworks, the home-grown shared office space provider, will invest up to Rs 100 crore in expanding its presence in the national capital region (NCR), its founder Neetish Sarda told ET.
The company is in the final stages of acquiring 5 lakh sq ft in NCR. “We are seeing a lot of traction in Noida so more than 90% of our future inventory will come in Noida. Our existing building is almost fully occupied so we are on the lookout for fresh property. The new asset should be ready by October,” said Sarda. Also Read: Success Story of Young Businessman Neetish Sarda. Neetish Sarda: Smartworks to invest Rs 100 crore to expand presence. Smartworks, the home-grown shared office space provider, will invest up to Rs 100 crore in expanding its presence in the national capital region (NCR), its founder Neetish Sarda told ET.
The company is in the final stages of acquiring 5 lakh sq ft in NCR. “We are seeing a lot of traction in Noida so more than 90% of our future inventory will come in Noida. Moodle. The cost of managing office spaces during the pandemic has increased exponentially, making organisations outsource office management to third-party providers, says Neetish Sarda, founder of Smartworks , a managed office provider to enterprises and MNCs. Founded in April 2016, Smartworks reportedly raised $25 million from Singapore-based Keppel Land last November. The post-Covid world, Sarda maintains, will be all about expansion, acceleration and opportunities. “The industry will see some significant revival, and we remain bullish on the sector,” he says in an interview to Forbes India. Work-from-home fatigue setting in : Neetish Sarda of Smartworks. The cost of managing office spaces during the pandemic has increased exponentially, making organisations outsource office management to third-party providers, says Neetish Sarda, founder of Smartworks , a managed office provider to enterprises and MNCs.
Founded in April 2016, Smartworks reportedly raised $25 million from Singapore-based Keppel Land last November. The post-Covid world, Sarda maintains, will be all about expansion, acceleration and opportunities. “The industry will see some significant revival, and we remain bullish on the sector,” he says in an interview to Forbes India. Over the past two months, he claims Smartworks has leased more than 2 lakh sq ft to clients across locations from IT, BFSI, manufacturing, logistics and energy sectors. There is a lot of office space demand in the market as companies explore the hybrid model. Bitly. The power of the link. Neetish sarda on Behance. Effective Ways to Improve the Productivity of a Co-Working Space. Managed workspaces such as Smartworks by Neetish Sarda can greatly help seasoned and new employees alike to stay on the tasks by developing a productive and positive environment. However, constant distraction is one of the biggest and serious knocks.
People who criticize the Managed workspaces say that it is very hard for professionals to concentrate and there is no privacy. Although some claims are arguable, many people who are using the services of a co-working space say that they are doing fine and they do not have any issues. Sure-Fire Ways to Optimize a Flexible Working Space – Telegraph. In recent years, Flexible working space culture has gained massive popularity. Amid the Coronavirus crisis when more and more people are working from home, Flexible working spaces like Smartworks by Neetish Sarda are getting popular among people. The reasons are quite obvious – these types of spaces are well-equipped and have all amenities needed to work comfortably. But how to optimize Flexible working spaces effectively so that people can come to it?
Continue reading to find out more about the ways to optimize Flexible working space. Ideas to Impressively Design a Managed Workspace workspace Better. Common Issues of Managed working spaces that should be solved. Managed working spaces is among the booming industry that is flourishing with each passing year. In the last two years, the popularity is skyrocketed — due to the Coronavirus pandemic. However, Managed working spaces are not a panacea. There are several issues that should correctly be addressed, if they are not, they can hinder people rather than help them. A good Managed workspaces provider like Neetish Sarda of Smartworks understands that these places are more than just arranging chair and desk. An employee or worker who chooses to work from a Managed workspace , they definitely want to get more from it. Success Story of Young Businessmen Neetish Sarda. Neetish sarda on BuzzFeed.
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