Securing Office Space in Chennai
Securing Office Space in Chennai
Blog Article
Madras, a major metro in India, has seen rapid growth in demand for office space in Chennai. From IT startups to multinational corporations, companies are on the lookout for cost-effective office solutions.
Why Choose Chennai for Your Business?
With its mix of low operating costs and skilled workforce, Chennai is ideal. Unlike cities like Mumbai or Bangalore, office space in Chennai is more affordable while still offering high-end facilities.
Types of Office Spaces Available in Chennai
Whether you need a co-working desk, a private cabin, or a full floor, Chennai’s commercial real estate caters to every need. Popular types include:
- Shared Offices
- Managed Offices
- Open Plan Layouts
- Business Parks
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) – Ideal for IT and tech companies
- Guindy – Central and well-connected
- Nungambakkam & T Nagar – Popular with finance and retail firms
- Ambattur – An industrial belt turned business zone
Office Rent Rates in Chennai
Rental prices vary on the location, building type, and amenities. On average:
- Co-working spaces range from ₹4,000–₹12,000/month
- 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.
How to Lease Office Space in Chennai
Before finalizing a lease, keep these points in mind:
- Transport links and road access
- Basic utilities and tech readiness
- Duration, exit clauses, and hidden charges
- Building reputation and past tenant reviews
office space in Chennai
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 more than just a real estate decision. 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.
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