Smartworks vs IndiQube vs Table Space: Managed Office Prices Compared
Three operators who only do private floors, at ₹8,999, ₹8,999 and ₹30,000 a seat. What separates them, and which suits a 30, 100 or 300 person team.
Once you are past about 25 people, the coworking conversation ends and the managed office conversation begins: a private floor, built to your layout, run by somebody else, billed per seat. Three operators dominate that market in India, and they are not interchangeable.
The comparison
| Smartworks | IndiQube | Table Space | |
|---|---|---|---|
| Managed office, per seat | ₹8,999 | ₹8,999 | ₹30,000 |
| Centres listed | 39 | 90 | 87 |
| Cities | 10 | 7 | 7 |
| Typical minimum unit | 25 seats | 25 seats | 30 seats |
| Open coworking desks | No | Yes, ₹9,500 | Barely, ₹35,000 |
| Day pass | ₹499 | No | No |
| Meeting room per hour | ₹2,484 | ₹2,500 | Not listed |
Smartworks and IndiQube land in the same place on price, at the market median for a managed seat. Table Space is a different product at more than three times that.
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What separates them
Smartworks is the widest spread, ten cities including Jaipur and Ahmedabad, and it does managed offices almost exclusively. If you want one operator across many cities for a mid sized team, start here.
IndiQube has the most centres of the three at 90, concentrated in Bengaluru and the southern metros, and it also sells open desks, so a 25 seat floor plus a few flexible seats is straightforward.
Table Space plays at the top of the market: Grade A campuses, enterprise fit outs, GCC clients. At ₹30,000 a seat it is priced for companies whose landlord conversation would otherwise be with a developer directly.
Which one for your size
| Team | Usually right | Why |
|---|---|---|
| 25 to 60 | IndiQube or Smartworks | Their minimum unit fits you, at market price |
| 60 to 200 | Any of the three | All three carve floors this size. Negotiate hard. |
| 200 and above | Table Space, or a direct lease | At this size, compare a managed floor against leasing and fitting out yourself |
| Multi city | Smartworks | Ten cities, one contract, one point of contact |
Five things to nail down before signing
- What the fit out includes. Cabins, meeting rooms, a pantry to your spec, and who pays if you want changes later.
- The escalation. Managed office terms run 12 to 36 months, so the annual increase compounds.
- Expansion rights. Ask for first refusal on the adjacent space in writing. This is the single most valuable clause you can win.
- What happens if you shrink. Almost nobody offers this, but the answer tells you how the relationship will go.
- Who runs the floor day to day. Housekeeping, IT support, security. Get names and hours, not a promise.
Compare live options: managed offices across eleven cities.
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