Madras, a thriving city in South India, is witnessing a surge in demand for office space in Chennai. Startups and MNCs alike, companies are on the lookout for well-connected 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. Relative to tier-one cities, office space in Chennai is cost-efficient while still offering modern amenities.
Types of Office Spaces Available in Chennai
Whether you need a co-working desk, a private cabin, or a full floor, the city’s office space market caters to every need. Popular types include:
- Co-working Spaces
- Fully-furnished Spaces
- Customizable 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 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 – Popular with finance and retail firms
- Ambattur – An industrial belt turned business zone
Rental Trends for Office Space in Chennai
Costs depend 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
- Tech parks and SEZs charge a premium
Still, office space in Chennai remains reasonably priced compared to tier-1 cities.
How to Lease Office Space in Chennai
When renting, consider these factors:
- Connectivity and commute options
- Power backup and internet readiness
- Duration, exit clauses, and hidden charges
- Property management quality
Working with a local agent can office space in Chennai help avoid legal traps while securing office space in Chennai that fits your vision.
Final Thoughts
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.