CommercialLatest Stories

Smartworks Leases 1,100+ Seats to L&T in Pune

Representative AI Image NEW DELHI: Smartworks Coworking Spaces has strengthened its partnership with L&T Technology Services (LTTS) by adding over 1,100 seats in Pune. With this addition, LTTS’s managed office portfolio with Smartworks has reached over 2,750 seats across various locations. The anticipated rental revenue from these expansions is projected to be around ₹115 crore, with ₹55 crore coming specifically from the Pune expansion over a 60-month period. Clients with more than 1,000 seats account for approximately 37% of its total rental revenue, while enterprise clients contribute about 90% of the company’s overall revenue. Published On Jul 20, 2026 at…

IndustryLatest Stories

Urbanization should prioritize livability, not just housing: MoHUA

NEW DELHI: D Thara, Additional Secretary of the Ministry of Housing and Urban Affairs, stated that urbanization needs to prioritize enhancing the quality of living rather than merely focusing on housing. Thara emphasized the necessity to “reimagine urbanization” through a tailored approach, rather than just addressing housing supply. “We must shift our perspective on land and embrace a new paradigm,” she remarked. As urbanization is anticipated to accelerate significantly—equaling the scale of the last century within twenty years—she underlined the importance of harmonizing urban growth with the protection of rural and agricultural land. “We need to systematically densify,” she added.…