Quick reference: Chennai Class A rent is 1080 INR/sqft ($156 USD), typical term 9 years, 6 months free.
Class A rent: 1080 INR/sqft/yr ($156 USD).
Typical term: 9 years.
Typical rent-free: 6 months.
Vacancy: 12.4%.
Chennai Class A office: frequently asked questions
Quick reference: Chennai Class A rent is 1080 INR/sqft ($156 USD), typical term 9 years, 6 months free.
TL;DR
Class A rent: 1080 INR/sqft/yr ($156 USD).
Typical term: 9 years.
Typical rent-free: 6 months.
Vacancy: 12.4%.
Quick reference
Use this page as the fast-answer reference for Chennai. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Chennai
country
India
region
APAC
classARentLocal
1080 INR/sqft/yr
classARentUsd
$156/sqft/yr
vacancy
12.4%
typicalLeaseYears
9
typicalRentFreeMonths
6
submarkets
5
primeYieldPct
7.4%
Frequently asked questions
What is the OMR corridor?
The Old Mahabalipuram Road (OMR) corridor — extending south from the city — anchors India's deepest single IT cluster outside Bangalore. Major IT parks include DLF, Phoenix, RMZ, and TIDEL.
How does Chennai compare to Bangalore or Hyderabad?
Chennai's IT depth is broadly comparable to Hyderabad and slightly behind Bangalore. Automotive engineering is materially deeper in Chennai (Hyundai, Renault-Nissan, Ford India HQs).
What is the role of GIFT City for Chennai?
Limited direct impact. Chennai-based GCCs and BPO captives continue to operate from local SEZs (Mahindra World City, OMR SEZs) rather than GIFT City.