Exploring Business Space in Chennai
Exploring Business Space in Chennai
Blog Article
Madras, a growing business hub, has seen rapid growth in demand for office space in Chennai. Startups and MNCs alike, companies are on the lookout for cost-effective office solutions.
Benefits of Setting Up an Office in Chennai
Chennai’s competitive real estate market and tech talent pool make it a business magnet. Relative to tier-one cities, office space in Chennai is cost-efficient while still offering high-end facilities.
Office Space Options in Chennai
Whether you need a co-working desk, a private cabin, or a full floor, Chennai’s commercial real estate offers flexible options. Popular types include:
- Shared Offices
- Serviced Offices
- Bare Shell Offices
- Business Parks
Each option for office space in Chennai is tailored for specific operations, giving flexibility based on your company's phase and objectives.
Where to Rent Office Space in Chennai?
Chennai is home to several business hotspots. Key locations include:
- OMR (Old Mahabalipuram Road) – A tech corridor filled with innovation hubs
- 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
- Traditional offices can start from ₹45/sq.ft and go up to ₹120/sq.ft
- Premium IT parks command higher rates
Still, office space in Chennai remains reasonably priced compared to tier-1 cities.
Tips for Renting in Chennai
Before finalizing a lease, consider these factors:
- Transport links and road access
- Power backup and internet readiness
- Duration, exit clauses, and hidden charges
- Property management quality
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.
The Bottom Line
Office space in Chennai is a foundation for future growth. With the city’s booming economy, rich talent pool, and infrastructure readiness, 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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