Smartworks leases 141,000 sq ft at Delhi’s Aerocity
- Source
- The Economic Times - Industry
- Source link
- https://economictimes.indiatimes.com/industry/services/property-/-cstruction/smartworks-leases-141000-sq-ft-at-delhis-aerocity/articleshow/132994747.cms
- Published
- 2026-08-06 09:18:17
- Discovered by ProcIntel
- 2026-08-06 15:46:18
- Category
- Procurement & Supply Chain News
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Smartworks Coworking Spaces has leased a significant 141,000 square feet in Aerocity. This prime location strengthens their presence in Delhi NCR's commercial hub. The company reported strong Q1 FY27 revenue growth of forty-four percent. Contracted rental revenue provides substantial multiyear revenue visibility. Smartworks currently operates sixteen point nine million square feet across India and Singapore.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-08-06 15:46:18
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.