Madras, a major metro in India, is witnessing a surge in demand for office space in Chennai. From IT startups to multinational corporations, companies are on the lookout for strategically located office solutions.
Benefits of Setting Up an Office in Chennai
Chennai offers a unique blend of affordability, infrastructure, and talent. Relative office space in Chennai to tier-one cities, office space in Chennai is more affordable while still offering high-end facilities.
What Kind of Spaces Can You Rent?
Whether you need a co-working desk, a private cabin, or a full floor, the city’s office space market has it all. Popular types include:
- Shared Offices
- Fully-furnished Spaces
- Bare Shell Offices
- IT Parks and Tech Hubs
Each option for office space in Chennai serves different business needs, so you can choose based on your size, budget, and growth plan.
Top Locations for Office Space in Chennai
Chennai is home to several business hotspots. Key locations include:
- OMR (Old Mahabalipuram Road) – Ideal for IT and tech companies
- Guindy – Central and well-connected
- Nungambakkam & T Nagar – Premium business addresses
- Ambattur – An industrial belt turned business zone
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
When renting, keep these points in mind:
- Connectivity and commute options
- Basic utilities and tech readiness
- Duration, exit clauses, and hidden charges
- Property management quality
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 foundation for future growth. Thanks to a strong economy and real estate options, it’s an excellent time to move or expand your business here.
Start your search and grow your business in this vibrant metro.