Madras, a thriving city in South India, is experiencing rising interest 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’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, the city’s office space market has it all. Popular types include:
- Collaborative Workspaces
- Fully-furnished Spaces
- Open Plan Layouts
- Commercial Complexes
Each option for office space in Chennai is tailored for specific operations, so you can choose based on your size, budget, and growth plan.
Best Areas to Set Up Shop
Chennai is home to several business hotspots. Here are a few top areas to consider:
- OMR (Old Mahabalipuram Road) – A tech corridor filled with innovation hubs
- Guindy – Close to the airport and arterial roads
- Nungambakkam & T Nagar – Premium business addresses
- 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.
Tips for Renting in Chennai
When renting, 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
office space in Chennai
Working with a local agent can help navigate the market faster while securing office space in Chennai that fits your vision.
The Bottom Line
Office space in Chennai is a strategic investment for your business. With the city’s booming economy, rich talent pool, and infrastructure readiness, it’s an excellent time to move or expand your business here.
Choose the right space and let Chennai power your growth.