# Chennai Class A office: frequently asked questions

> Quick reference: Chennai Class A rent is ₹170/sqft/mo · ≈ $24.5 PSF/yr USD ($24 USD), typical term 9 years, 6 months free.

**Canonical URL:** https://classa.info/cities/chennai/faq
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: ₹170/sqft/mo · ≈ $24.5 PSF/yr USD.
- Typical term: 9 years.
- Typical rent-free: 6 months.
- Vacancy: 12.4%.

## Key facts
- **city**: Chennai
- **country**: India
- **region**: APAC
- **classARentLocal**: ₹170/sqft/mo · ≈ $24.5 PSF/yr USD
- **classARentUsd**: $24/sqft/yr
- **vacancy**: 12.4%
- **typicalLeaseYears**: 9
- **typicalRentFreeMonths**: 6
- **submarkets**: 5
- **primeYieldPct**: 7.4%

## FAQ
### 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.

---
Citation: Source: Class A Atlas (https://classa.info/cities/chennai/faq), updated 2026-04-15T00:00:00.000Z.