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TL;DR: Onward Workspaces leased 1.65 lakh sq ft at Ace Capitol, Noida Sector 132 to Accenture, spanning eight floors and 1,460 workstations.
This deal pushes Onward’s managed portfolio past 8 lakh sq ft and coincides with a new 17,000 sq ft co-working centre planned in Connaught Place.
Major lease alert: Onward Workspaces has leased 1.65 lakh sq ft of premium office space at Ace Capitol in Noida Sector 132 to Accenture. The tenancy spans eight floors and accommodates 1,460 workstations, reinforcing Noida’s position as a leading corporate hub in Delhi NCR.
Lease highlights and space configuration
The leased area is configured across eight floors at Ace Capitol, designed to support hybrid and high-density workplace models. With 1,460 workstations, the space is optimized for collaboration zones, meeting clusters and flexible desk neighborhoods — a layout choice that aligns with Accenture’s evolving workplace needs.
What this means for Onward Workspaces and the market
This transaction expands Onward Workspaces’ managed portfolio to over eight lakh sq ft across Delhi NCR, underlining strong demand for professionally managed and flexible office environments. The deal also signals sustained corporate interest in Noida Sector 132, where modern infrastructure and connectivity continue to attract IT, consulting and services firms.
Onward’s ongoing expansion
Beyond this landmark lease, Onward Workspaces is developing a new co-working centre at ECE House on KG Marg in Connaught Place, a roughly 17,000 sq ft facility aimed at startups and enterprises seeking a central city presence. The combination of managed offices in Noida and a co-working footprint in central Delhi highlights a dual strategy: large-format leased campuses and smaller, flexible city hubs.
Why Noida Sector 132 remains attractive
Noida Sector 132 delivers modern Grade A inventory, strong road and metro connectivity, and a growing ecosystem of retail and F&B to support employees. Companies evaluating expansion in the area can compare options across the market — from dedicated corporate campuses to mixed-use developments with retail activation.
For office occupiers and investors exploring nearby or alternative developments, consider established and upcoming commercial projects such as ONYX by Splendor – Grade-A Commercial Offices on Noida Expressway, Orion One32 – Retail & Office Spaces in Sector 132, Noida, and IThum 127 – High-Street Retail & Office Spaces in Noida Sector 127. Each project offers distinct benefits depending on tenant priorities such as visibility, retail integration, or campus-style amenities.
Implications for occupiers and investors
- Occupiers: Large-format leases like this one demonstrate continued appetite for consolidated workspace solutions that support scale, security and workforce planning.
- Investors: A strong tenant roster and rising managed workspace portfolios can enhance asset value and leasing velocity in suburban business districts like Noida Sector 132.
- Workspace providers: The success of managed office models underscores the importance of flexible operations, plug-and-play fitouts and tenant experience programs.
Takeaway
The Accenture lease at Ace Capitol is a clear indicator that corporates are still actively expanding in Delhi NCR suburbs when supply, connectivity and amenities align. Onward Workspaces’ growing footprint and new co-working initiative in Connaught Place point to a balanced strategy targeting both large enterprise tenants and smaller, agile firms.
Looking ahead: Expect continued leasing activity across Noida’s premium office clusters as occupiers prioritize accessibility, modern amenities and managed service offerings that reduce time-to-productivity.
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