Onward Workspaces Announces Expansion in Delhi NCR; Aims to Add 150k SqFt by 2024

Delhi, June 2024: Onward Workspaces, provider of co-working spaces, managed office spaces, and virtual offices, has announced its strategic expansion within the Delhi NCR region. As part of the strategy, the company plans to multiply its existing capacity by adding 150,000 square feet to its current portfolio, addressing the uptick in demand for flexible and built-to-suit office solutions. 

A press release issued by the company says that Onward Workspaces is further geared to establish four new centres, located in Sector 126, Noida; Okhla Phase 3, Delhi; and Connaught Place (CP), Delhi. These prime locations based in vibrant business centres will ensure convenience and accessibility for robust business growth, whilst guaranteeing excellence and an abundance of opportunities designed to embark on a journey of success. 

With a current portfolio of 175,000 square feet spread across 3,000 seats, the additional 150,000 square feet will elevate Onward’s total capacity to 6,000 seats by 2024. 

“Our expansion in the Delhi NCR region exhibits our commitment to nurturing innovative businesses and cultivating spaces where people can thrive,” said Suvrat Jain, Founder & CEO of Onward Workspaces. “Backed by our long-term vision to further expand our footprint in Delhi NCR regions, we are proud to set an investment of Rs. 18 crores, significant for the completion of our key expansion. That said, we’re striving to bring our unique solutions to more locations, helping businesses of all sizes achieve their goals in a workspace designed for success.”

Onward’s new spaces will strike a balanced distribution between managed office spaces and co-working spaces, with a 50:50 ratio. 

Company’s clientele includes MNCs like Thermax Ltd, Aramex & Abreco Freight and established startups like Credgenics, Dangal Games, Sociowash and InstantPay.

Advertisement