Madras, a major metro in India, is experiencing rising interest for office space in Chennai. Startups and MNCs alike, companies are on the lookout for cost-effective office solutions.
Why Choose Chennai for Your Business?
Chennai’s competitive real estate market and tech talent pool make it a business magnet. Compared to other metros, office space in Chennai is cost-efficient while still offering modern amenities.
Types of Office Spaces Available in Chennai
From shared desks to high-rise corporate offices, Chennai’s commercial real estate offers flexible options. Popular types include:
- Shared Offices
- Fully-furnished Spaces
- Bare Shell Offices
- Business Parks
Each option for office space in Chennai serves different business needs, giving flexibility based on your company's phase and objectives.
Best Areas to Set Up Shop
Chennai is home to several business hotspots. Here are a few top areas to consider:
- OMR (Old Mahabalipuram Road) – Ideal for IT and tech companies
- Guindy – Central and well-connected
- Nungambakkam & T Nagar – Popular with finance and retail firms
- Ambattur – Affordable rentals and industrial-grade facilities
Rental Trends for Office Space in Chennai
Rental prices vary on the location, building type, and amenities. On average:
- Shared desks cost between ₹4k–₹12k monthly
- Per-square-foot pricing starts at ₹45 and may exceed ₹100
- Premium IT parks command higher rates
Still, office space in Chennai remains reasonably priced compared to tier-1 cities.
How to Lease Office Space in Chennai
When renting, keep these points in mind:
- Transport links and road access
- Power backup and internet readiness
- Duration, exit clauses, and hidden charges
- Building reputation and past tenant reviews
Working with a local office space in Chennai agent can help navigate the market faster while securing office space in Chennai that fits your vision.
Conclusion
Office space in Chennai is a strategic investment for your business. Thanks to a strong economy and real estate options, now is the right time to establish your presence here.
Start your search and grow your business in this vibrant metro.
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