Chennai, one of India's rapidly growing metropolitan cities, has established itself as a key destination for businesses of all types. Demand for office space in Chennai is sprawling, from IT companies and start-ups to manufacturing and service based businesses. This growth, driven by the city's location, infrastructure, and economy, means there are many options to start or expand a business in Chennai.

Why Chennai is a Business Hub

Beyond its rich culture, Chennai prides itself on being the primary economic city in South India. The city has excellent roadways, railways, and airways, making it an easy city to conduct business in. The connectivity level, combined with Chennai's availability of skilled labor, makes Chennai attractive for industries.

Types of Office Space in Chennai

Start-ups and small companies generally prefer co-working spaces which allow for flexibility of space, while larger companies will opt for fully furnished corporate offices which are found in prime commercial locations like Guindy, Teynampet, and OMR (Old Mahabalipuram Road). Chennai also has custom-built office complexes for larger companies with more expansive needs and amenities.

Advantages of Leasing Office Space in Chennai

Leasing an office space in Chennai provides an opportunity for business' to work within a evolving commercial space while also avoiding the cost of purchasing commercial property. Many office spaces are leased with all the modern amenities which are available in today's business world, such as High Speed Internet, a conference room, power backup, and parking space. Furthermore, companies can lease office space to further provide flexibility, and scale to their operating needs.

Best Areas for Office Spaces

There are popular office spaces to lease in Chennai such as OMR, Velachery, Nungambakkam, Mount Road and Guindy. In particular, OMR (which stands for Old Mahabalipuram Road) is referred to the IT corridor in Chennai and is therefore the best office space area for tech companies and startups. The central business districts of Nungambakkam and Mount Road cater to corporate offices, consultancies and banks. All of these have their respective positives and negatives depending on the type of business operating and their clientele.

Conclusion 

If you are a start-up looking for co-working space, or a large company looking for a high-end corporate office, leasing office space in Chennai offers the high possibility of there being something for everyone. In addition, Chennai has strong infrastructure, a talented workforce and is a business-friendly ecosystem meaning there are significant opportunities for entrepreneurs or companies alike.