Leasing Business Space in Chennai
Leasing Business Space in Chennai
Blog Article
Chennai, a major metro in India, is experiencing rising interest for office space in Chennai. From IT startups to multinational corporations, organizations are searching 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. Unlike cities like Mumbai or Bangalore, office space in Chennai is budget-friendly while still offering modern amenities.
Office Space Options in Chennai
Be it coworking hubs or standalone buildings, the city’s office space market has it all. Popular types include:
- Shared Offices
- Fully-furnished Spaces
- Open Plan Layouts
- IT Parks and Tech Hubs
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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 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:
- Shared desks cost between ₹4k–₹12k monthly
- 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:
- Connectivity and commute options
- 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 website can help get better deals 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.
Start your search and grow your business in this vibrant metro.
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