Securing Business Space in Chennai
Securing Business Space in Chennai
Blog Article
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 cost-effective 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 more affordable while still offering world-class infrastructure.
Office Space Options in Chennai
From shared desks to high-rise corporate offices, Chennai’s commercial real estate offers flexible options. Popular types include:
- Shared Offices
- Serviced Offices
- Customizable Layouts
- IT Parks and Tech Hubs
Each option for office space in Chennai comes with unique benefits, giving flexibility based on your company's phase and objectives.
Best Areas to Set Up Shop
Chennai is divided into distinct commercial zones. 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 – Popular with finance and retail firms
- Ambattur – An industrial belt turned business zone
Rental Trends for Office Space in Chennai
Lease rates fluctuate 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
- Tech parks and SEZs charge a premium
Still, office space in Chennai remains a cost-effective choice for growing firms.
How to Lease Office Space in Chennai
Before finalizing a lease, consider these factors:
- Connectivity and commute options
- Power backup and internet readiness
- Lease flexibility and contract terms
- Property management quality
Working with a local agent can help office space in Chennai navigate the market faster 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, now is the right time to establish your presence here.
Choose the right space and let Chennai power your growth.
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