Securing Business Space in Chennai
Securing Business Space in Chennai
Blog Article
Madras, a major metro in India, is witnessing a surge in demand for office space in Chennai. From IT startups to multinational corporations, organizations are searching 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. Unlike cities like Mumbai or office space in Chennai Bangalore, office space in Chennai is cost-efficient while still offering world-class infrastructure.
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:
- Collaborative Workspaces
- Fully-furnished Spaces
- Open Plan Layouts
- Business Parks
Each option for office space in Chennai comes with unique benefits, 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 – Close to the airport and arterial roads
- Nungambakkam & T Nagar – Popular with finance and retail firms
- Ambattur – Affordable rentals and industrial-grade facilities
Rental Trends for Office Space in Chennai
Lease rates fluctuate 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 a cost-effective choice for growing firms.
Tips for Renting in Chennai
Before finalizing a lease, keep these points in mind:
- Transport links and road access
- Power backup and internet readiness
- Duration, exit clauses, and hidden charges
- Property management quality
Working with a local agent can help avoid legal traps while securing office space in Chennai that fits your vision.
Conclusion
Office space in Chennai is a foundation for future growth. With the city’s booming economy, rich talent pool, and infrastructure readiness, it’s an excellent time to move or expand your business here.
Choose the right space and let Chennai power your growth.
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