Chennai has 5 distinct Class A submarkets we track, anchored by OMR Corridor at the trophy tier.
Chennai has 5 distinct Class A submarkets we track, anchored by OMR Corridor at the trophy tier.
**OMR Corridor** (trophy, ~₹192/sqft/mo · ≈ $27.6 PSF/yr USD) — India's deepest IT cluster outside Bangalore. **Guindy** (trophy, ~₹180/sqft/mo · ≈ $25.9 PSF/yr USD) — Inner-southern Class A and IT corridor. **Nungambakkam / MRC Nagar** (trophy, ~₹168/sqft/mo · ≈ $24.2 PSF/yr USD) — Heritage banking and trophy core. **Mount-Poonamallee Road** (prime, ~₹168/sqft/mo · ≈ $24.2 PSF/yr USD) — Western IT and BPO corridor. **Sriperumbudur / Oragadam** (prime, ~₹144/sqft/mo · ≈ $20.7 PSF/yr USD) — Automotive manufacturing corridor.
| 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% |
| trophyCount | 3 |
| primeCount | 2 |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.