Tag Archives: Neetish Sarda Family

Why Human Resource Must Embrace Flexible Workspaces?

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In  the last few years, people have started talking about the number of benefits that are associated with the managed workspaces i.e. Neetish Sarda’s Smartworks. In fact, several studies and surveys have been done where results amazed everyone. As per the outcomes, almost 80% of the organizations said that collaborative tools offered by these spaces are quite helpful in optimizing their business operations while more than 75% employees said that teamwork and collaboration with others helped them a lot. These are a few reasons why the HR department is now encouraging remote work or work from home/managed workspace even more.

Also Read – Neetish Sarda: Smartworks to invest Rs 100 crore to expand presence in the national capital region

In addition to this, there are some more good reasons why human resources are now embracing flexible workspaces live never before:

  • Happier employees are productive employees

It is believed that employees who are more confident at the workplace are more loyal as well as they are more productive. And you will be amazed that managed  spaces like Smartworks by Neetish Sarda have mind boggling impact on this. If you do not believe us, then we have some strong stats to back up this which are from the 2018 that revealed that 84% people who use flexible workspace are more motivated and engaged. In simple terms, when a person is happier, more engaged, and satisfied, he or she will perform better which ultimately help their organization.

  • Better work flexibility

Most collaborative workspaces like Smartworks (Neetish Sarda’s venture) offer their facilities to the members 24/7 and 365 days. This much of flexibility will lead to decreased outcomes. So, what companies will get from it? Well! If you run a business, then you might have members working from the different corners of the world. In this case, they may not available as per your specific time zone many times. In this case, you can allow them to finish the given task during weekends or odd hours (if they are not available during working hours for any reason). This will not only strengthen the trust but your employees will also put their more than 100% in completing the task.

  • Extensive social networks with varied expertise

Managed workspaces are majorly visited by different and young professionals who are from different fields. Whether you believe it or not but it can actually benefit your organization in several ways. Firstly, if your employees or freelancers come across any issue that requires expertise, they can easily reach out to one without any hassle. Secondly, it is quite impressive as you can expand your professional network that can give your business more clout. So, it is like a win-win situation for a company if it allows its employees to work remotely or from a managed/ flexible workspace like Smartworks by Neetish Sarda.

 Conclusion

These are a few but definitely solid reasons why some HR teams are already moving their employees outside the office premises and helping them work remotely or from collaborative work stations i.e. one that is set up by Neetish Sarda. If you are still in a dilemma, then keep all your worries and doubts aside and help your employees work freely and you will surely going to see some surprising benefits.

Neetish Sarda, Founder of Smartworks: Workspaces that Work for You

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It all started when Neetish Sarda came back to India after studying abroad and joined his father’s business. This was a traditional firm supported by a very conventional environment. The setup wasn’t something that millennials could resonate with, and needless to say, he wasn’t an exception. He had been in modern unconventional schools of thoughts and was more aligned with an open office culture and vibrantly done interiors that show a brand’s ethos.

This is when he realized that there was a gap in the market and the aspirations of Indian millennial generation wasn’t considered when it came to office design. Neetish, expressing his views, says “Millennials today want to get the best work environments without getting into the hassles of managing operations. This is exactly why I founded Smartworks in the first place; to essentially bridge the gap by creating modern, bespoke workspace that is vibrant, high on technology in integration and boost productivity.

Your Office, Your Way!
Established in December 2015 with 80 employees, Smartworks is changing the perspective of people by providing their clients

the option to build futuristic workspaces that are collaborative by nature, equipped with the latest technology to boost employee productivity, fully serviced workspaces to keep employees focused on their work and still promote an open office culture. The company targets to grow over 3 million sq. ft. across multiple additional cities, over the next three years.“We firmly believe that the best way to break stereotypes is to come up with an alternative that none can criticize and that’s what we’ve been doing at Smartworks” asserts Neetish.

Smartworks offers comprehensive workspace options, which includes Smartlabs, SmartCubes, smart suits. Each of these has a diversified personalized attire to match their clients’ needs. Smartlabs are high on energy and mostly suited for people, who are on a different mission, building a different product within the same office space. Here, founders will benefit from the presence of multiple innovate minds building things that are set to transform the world, while they focus on carving their own niche. Smart Cubes, on the other hand, is for out-of-the-box solutions generation, where founders would get some space for themselves to run their

day-to-day operations. Lastly, SmartSuite is all about getting dedicated space that is fully customizable. This is ideal for business owners, where this enables them to represents the ethos of their brand through their office space.

Re-Inventing Workplaces
Today, Smartworks is growing at an exponential rate and has more than 450,000 sq. ft. of top-of-the-line serviced office space and is being used to house over 200+ clients, most of which are fast-growing start-ups that have passed the series B funding rounds. Additionally, the company has regional/satellite offices of several multinational corporations as their clients. Few of their clients include Amazon, Arcelor Mittal, Tata Communications Limited, Johnson & Johnson, DHL, OLX, Lenovo, and HDFC Realty among others.

Delhi based Smartworks is constantly upping the ante when it comes to offering services to their clients. The company recently launched a user-friendly app that comes with a plethora of features to make the work lives of their clients easy and fun. This app has special features that allow their clients to book meeting rooms, request concierge services, order beverages, and even find their carpool buddies, in just a few clicks. Furthermore, Neetish concluding the roadmap says “We’re not just thinking about the present needs of our clients, rather, we’ve taken a step further to identify what their future needs would be. Hence, we will be expanding in some tier-2 cities too, as we believe that business owners would soon think about setting up their offices outside metros.”

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Smartworks – Neetish Sarda, Founder Smartworks

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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.

Also Read: Success Story of Young Businessman Neetish Sarda

Flex spaces are no longer just an option for corporations but will become a crucial part of their future strategy. The growing interest from enterprises in coworking spaces has caught the investors’ eyes, and one can even see the hospitality brands foraying into this space- so overall, the sentiment around the sector’s growth remains positive.

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Neetish Sarda-Smartworks leases office space in Pune; invests Rs 150 cr

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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. Around 40 per cent area has already been given on lease to corporate clients.

Smartworks founder Neetish Sarda said, “It has been a high growth trajectory for us in Pune in the last three years. Our growth has been driven by customer requirements for flexible office spaces that support collaboration, innovation and productivity”.

He said this new centre is the largest in the company’s portfolio and the flex office space segment.

Sarda said the company’s focus is not just to offer workspaces to corporate clients but a standardised and engaging office experience with value-added services and benefits in a campus-like infrastructure.

“Our digitally-enabled spaces provide them with a completely managed ecosystem with state-of-the-art amenities, alliances, community-building events, and networking opportunities,” he added.

With the seven centres in Pune, Smartworks now has a total footprint of about 1.4 million square feet and over 25,000 seats.

Overall, Smartworks has 31 centres, comprising over 4.2 million square feet area and more than 70,000 seats, in nine cities — Delhi, Noida, Gururgram, Mumbai, Pune, Hyderabad, Bengaluru, Chennai and Kolkata.

“We are excited to have facilitated the biggest deal to date for a flexible office space in India,” said Sanjay Bajaj, Managing Director – Pune, Logistics and Industrial, India, JLL.

Flexible space stock has grown in the Pune City by over four times from 0.7 million sq ft in 2017 to 3 million sq ft in 2021, he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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