Onward Workspaces Signs 14k Sq Ft Managed Office Transaction With Lenskart at Okhla-III, Delhi

New Delhi, November 2024:  Onward Workspaces has entered into a managed office deal with Lenskart, one of India’s largest eyewear retailers. This strategic partnership places Lenskart within Onward Workspaces’ newest coworking facility, a 14,000-square-foot space situated in Delhi’s Okhla Phase 3 Business district. Spanning across four floors, this expansive office space offers seating for approximately 300 employees.

Onward Workspaces has designed the new workspace to capture Lenskart’s brand aesthetics and operational vision. Styled in the brand’s primary and secondary colour palettes, the office features flexible, open spaces to support large gatherings and team collaboration. Lenskart’s signature brand elements, including colour schemes and patterns, are thoughtfully integrated into the acoustics, carpets, and furnishings. The Capex is projected at approximately INR 1800 per square foot to deliver this tailored solution.

“Okhla Phase 3 is more than just an industrial area; it’s a thriving business ecosystem where diverse sectors converge, creating an environment that fosters growth and innovation,” said Suvrat Jain, Founder & CEO of Onward Workspaces. “At Onward Workspaces, we are committed to providing work environments that align with our clients’ business needs. By meticulously crafting this space to Lenskart’s specifications, we’ve created an office that not only reflects their brand identity but also meets their operational and collaborative goals.”

Recently Onward Workspace had announced an expansion plan to establish an additional 150,000 square feet of workspace in Delhi NCR by 2024, supported by a ₹18 crore investment. As businesses are becoming increasingly cautious about capital expenditure, flexible office solutions are gaining traction, and Onward Workspaces is positioned to meet that demand.