Choosing Business Space in Chennai
Choosing Business Space in Chennai
Blog Article
Chennai, a thriving city in South India, is experiencing rising interest for office space in Chennai. Startups and MNCs alike, 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 Bangalore, office space in Chennai is cost-efficient while still offering high-end facilities.
Types of Office Spaces Available in Chennai
Be it coworking hubs or standalone buildings, Chennai’s commercial real estate offers flexible options. Popular types include:
- Shared Offices
- Fully-furnished Spaces
- Customizable Layouts
- IT Parks and Tech Hubs
Each option for office space in Chennai is tailored for specific operations, giving flexibility based on your company's phase and objectives.
Best Areas to Set Up Shop
Chennai is divided into distinct commercial zones. Key locations include:
- OMR (Old Mahabalipuram Road) – A tech corridor filled with innovation hubs
- Guindy – Close to the airport and arterial roads
- Nungambakkam & T Nagar – Popular with finance and retail firms
- Ambattur – Affordable rentals and industrial-grade facilities
Office Rent Rates 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
office space in Chennai
Still, office space in Chennai remains reasonably priced compared to tier-1 cities.
What to Know Before You Sign
Before finalizing a lease, consider these factors:
- Connectivity and commute options
- Power backup and internet readiness
- Duration, exit clauses, and hidden charges
- Building reputation and past tenant reviews
Working with a local agent can help get better deals 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.
Report this page