Onward Workspaces is expanding its Delhi NCR presence, nearly doubling its capacity by adding 150,000 square feet to reach a total of 325,000 square feet by 2024. The plan includes four new centers in Noida Sector 126, Okhla Phase 3, and Connaught Place, featuring a 50:50 mix of managed offices and co-working spaces. This expansion, supported by an INR 18 crore investment, aims to accommodate startups, SMEs, and large corporations. Founder Suvrat Jain emphasizes their commitment to fostering innovation and excellence. Onward Workspaces aims to provide state-of-the-art, technology-equipped environments to boost productivity and collaboration for their diverse clientele.
Onward Workspaces, a provider of co-working spaces, managed office spaces, and virtual offices, is significantly expanding its presence in the Delhi NCR region. This strategic move aims to nearly double their existing office space capacity by adding 150,000 square feet, bringing their total Delhi NCR footprint to an impressive 325,000 square feet by 2024.
The expansion plan involves establishing four new workspace centers in key business hubs: Sector 126 Noida, Okhla Phase 3 Delhi, and Connaught Place Delhi. These strategically chosen locations boast excellent access and convenience, catering to businesses of all sizes. Onward Workspaces will cater to a diverse clientele with a balanced mix of managed office spaces and co-working areas. This 50:50 split, offering a total of 6,000 seats by 2024 (up from the current 3,000), ensures they can accommodate the needs of startups, small and medium enterprises (SMEs), as well as large corporations, including multinational companies (MNCs) and Fortune 500 companies, who may require dedicated office environments.
Suvrat Jain, Founder and CEO of Onward Workspaces, highlighted the company's dedication to fostering innovation and excellence. He noted that their expansion in Delhi NCR underscores their commitment to supporting innovative businesses and creating environments where people can excel. He further emphasized their long-term vision for Delhi NCR by announcing an investment of INR 18 crore to complete this key expansion phase. This significant investment demonstrates their dedication to providing their unique workspace solutions to a wider range of locations, empowering businesses of all sizes to thrive in environments designed for success.
Onward Workspaces prioritizes creating state-of-the-art workspaces equipped with cutting-edge technology and a wide range of amenities that extend beyond the ordinary. These features aim to streamline workflows, foster creativity, boost collaboration, and ultimately lead to increased productivity for their clients. This focus on functionality and a positive work environment has already helped Onward Workspaces build a strong client base. This includes established startups like Credgenics, Dangal Games, Sociowash, and InstantPay, alongside established multinational corporations (MNCs) like Thermax Ltd, Aramex & Abreco Freight.
Onward Workspaces' expansion in Delhi NCR directly addresses the growing demand for flexible and modern workspaces. This strategic move positions them to play a major role in shaping the future of office spaces in the region, offering a variety of options for businesses seeking a dynamic and productive work environment.
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