Madras, a thriving city in South India, is witnessing a surge in demand for office space in Chennai. Whether you're a startup or a large enterprise, companies are on the lookout for well-connected office solutions.
Benefits of Setting Up an Office in Chennai
With its mix of low operating costs and skilled workforce, Chennai is ideal. Relative to tier-one cities, office space in Chennai is budget-friendly while still offering high-end facilities.
Office Space Options in Chennai
Be it coworking hubs or standalone buildings, Chennai’s commercial real estate caters to every need. Popular types include:
- Collaborative Workspaces
- Managed Offices
- Open Plan 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 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
Office Rent Rates in Chennai
Lease rates fluctuate on the location, building type, and amenities. On average:
- Shared desks cost between ₹4k–₹12k monthly
- Per-square-foot pricing starts at ₹45 and may exceed ₹100
- 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, consider these factors:
- Transport links and road access
- Basic utilities and tech readiness
- Duration, exit clauses, and hidden charges
- Building reputation and past tenant reviews
Working with a local agent can help get office space in Chennai better deals 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, it’s an excellent time to move or expand your business here.
Start your search and grow your business in this vibrant metro.