OYO Workspaces builds India’s first old fort styled Innov8 Coworking centre


OYO Workspaces announces its new uniquely designed Innov8 centre post acquisition, in Delhi

Spread across three floors, Innov8’s Old Fort Saket campus is a fully restored 415+ seater workspace that combines the essence of ancient heritage with modern design

Named as Old fort- Saket, the Innov8 centre has been intentionally designed in an old fort style, to combine the sensibilities of the past with the amenities of the always-on generation

OYO Workspaces, India’s fastest growing, multi-brand managed workspaces solutions provider today announced the opening of its all new, uniquely designed Innov8 centre in Saket, Delhi. With this centre, the company also becomes India’s first workspaces solutions provider to convert and develop an old fort style building into a highly functional and uniquely designed 415+ seater co-working space.  

With 3 co-working brands operating across the economy, mid-scale and premium economy segments, namely Workflo, Powerstation and the recently acquired Innov8, OYO Workspaces is rapidly growing to 22+ centres, 15000+ seats across 10 cities in the country.

Leading brands and startups booking spaces currently include BBC, Brut India, AngelList, Herbalife, Avalon Consulting and NIVI Inc, etc. The new centre offers a meeting room starting at an introductory price of INR 600 per hour and a dedicated desk starting at an affordable price of INR 12999/- per month. This is the first centre to be developed post the OYO Workspaces announcement in July, 2019 and is the 17th centre under the Innov8 business.

Speaking at the opening, Rohit Kapoor, CEO, New Real Estate Businesses, OYO, said “This is a moment of pride for the entire OYO Workspaces team as this is the first time a coworking centre has been built in an old fort style. The centre is a perfect combination of old world charm and modern design, making it a unique proposition for the millennial workforce. Given OYO’s deep real estate and market intelligence, this centre is a testament to our expertise in upgrading various forms of real estate and rapidly transforming them into efficient, connected and beautiful workspaces. So far, we have received an overwhelming response and we expect to keep setting new benchmarks for the industry.”

Talking about the new centre, Dr. Ritesh Malik, Founder, Innov8, commented “We’re extremely delighted to launch our newest centre in the heart of South Delhi.  With our Old-Fort Saket centre, we are aiming to infuse India’s rich cultural heritage into a modern workspace. Design is a key differentiator for us and building a breath taking workspace in a connected and conveniently accessible location makes for a great combination. The space is already becoming a favourite among working professionals and we have achieved record occupancy of 50% at launch. Innov8 will continue to work toward simplifying and strengthening the co-working experience for Indians while tapping the enormous opportunities this space offers.”  

At this uniquely designed centre, arches have been prominently used to incorporate historic design elements, while keeping the general tone of the interior space muted with a neutral colour palette. Lighter tones of textures of wood along with flora adds a splash of natural life within the space. OYO Workspaces aims to expand its presence to over 50 centres across India by the end of 2019. Like every OYO Workspaces centre, the new centre will offer a variety of amenities designed to provide a hassle-free, comfortable and productive experience to working professionals. 

Track2Realty is an independent media group managed by a consortium of journalists. Starting as the first e-newspaper in the Indian real estate sector in 2011, the group has today evolved as a think-tank on the sector with specialized research reports and rating & ranking. We are editorially independent and free from commercial bias and/or influenced by investors or shareholders. Our editorial team has no clash of interest in practicing high quality journalism that is free, frank & fearless.  

Now you can subscribe our YouTube Channel @  https://bit.ly/2tDugGl


Comments are closed.