Chennai is considered as the biggest educational, economic and cultural centre of South India. It is one of the most visited cities in India by foreigners. It is also called as the “India’s health capital” as the city attracts 35 to 40 per cent domestic health tourists and 45 per cent health tourists from foreign countries. Chennai stands 4th to 6th for most productive metro area of India and amasses a Purchasing Power Parity Gross Domestic Product( PPP GDP ) of $78.6 to $86 Billion. The city’s industrial base is mainly dominated by below-mentioned industries:
Chennai is the second-largest exporter of Business Process Outsourcing( BPO) services and Information Technology( IT ) services in India. As much as 40% of the automobile industry is stationed in the city, it is called as the “Detroit of India”. For hosting the maximum number of Fortune 500 companies of India, it ranks 4th. Companies like, BMW, Ford, Yamaha Motors, Renault, Hyundai to name a few have their manufacturing plants in the city. Among the IT companies, organisations like TCS, Infosys, Zoho to name a few are also stationed in Chennai. This amazing growth has led to the shift in the working culture which has given rise to coworking space in Chennai and office space providers like Regus, Smartworks, Cowrks can be seen extending their services to start-ups and multi-nationals.
Chennai is also home to many start-ups and in the last ten years, it has seen some of the prominent start-ups emerging from the city. Sulekha, Freshdesk, ZOHO, BankBazaar, NetMeds. The city is considered as a breeding ground for SAAS based start-ups.
Chennai is a great mix of culture, history and modernization. It has historical temples and has modern buildings also. Some of the important factors that add up to the value of being the prominent location for having an office space in Chennai are mentioned below:
LOCATION: A great location for having the office always adds to the reputation of any business. Chennai perfectly fits in this criterion as being a comparatively smaller city, the accessibility to the different regions of Chennai is easy. With the industrial boom, the city has seen some of the multi-national giants like Samsung, BMW, Pfizer, Motorola, TCS, Cognizant to name a few establishing their offices in Chennai and when one shares the office spaces with these companies, it always adds to the business reputation.
Prime locations like Guindy, Teynampet, Alwarpet, Nungambakkam, Perungudi are easily accessible through all means of public transport. Chennai has a very robust rail and road transport. Many bus stops are within the vicinity of the prominent regions of Chennai and are well connected to other locations of the city. Travelling through the metro is also convenient as the metro covers the most of Chennai. With this ease of travelling, it makes the companies to consider Chennai as the preferred location for the business activities.
With such a strong and booming economy, the social infrastructure is also pretty good. All the major locations whether business locations or residential locations have schools, colleges, malls, hospitals, retail stores within its vicinity.
PRESTIGIOUS BUSINESS ADDRESS: In the last few years, with the immense growth of start-up culture in Chennai, it has become a prominent location on the business address and websites of the companies. The city has some prominent business parks like the Olympia Technology Park, Olympia Platina, RMZ Millenia Business Park, Tidel Park, India Land Tech Park, Mahindra World City to name a few which have housed some of the prominent companies like Samsung, Cognizant, TCS, Ashok Leyland, Infosys to name a few.
Surrounded by such companies and having an office space in Chennai will give the luxury of a prestigious and preferred business address. Some of the important regions of Chennai preferred by individuals, companies and start-ups are mentioned below:
Old Mahabalipuram Road( OMR )
R. A. Puram
SAFETY: Businesses always prefer office space in a safe environment where there is no chaos, no security breaches and above all where there is the safety of the employees. Choosing an office at coworking space in Chennai will let you avail the best security where they have the in house parking facility, Tech-enabled security system, CCTV camera and 24x7 building surveillance.One of the perfect examples is the RMZ Millenia Business Park, where the building offers its clients or occupants 24x7 security through personal security team and CCTV monitoring and has its fire station.