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Tesla Expands India Presence with 33,000 Sq Ft Lease in Gurugram for Service and Delivery Operations

Tesla Leases Space for Service center in Gurugram (2)

In a major step towards strengthening its operations in India, global electric vehicle (EV) giant Tesla has leased over 33,000 square feet at Orchid Business Park on Gurugram’s Sohna Road, according to documents accessed by real estate analytics platform CRE Matrix. This marks Tesla’s continued commitment to establishing a robust EV ecosystem in the country.

The lease agreement, signed on July 28 under the name Tesla India Motors and Energy Pvt. Ltd., is valid for nine years with a three-year lock-in period. The facility will serve as a multi-functional centre—housing a service centre, delivery hub, and retail outlet for Tesla’s growing customer base in the Delhi-NCR region.

As part of the deal, Tesla has taken over the entire ground floor of the Orchid Business Park, covering 33,475 sq ft. The monthly rent is set at Rs 40.17 lakh, calculated at Rs 120 per sq ft, with an annual escalation of 4.75%. The automaker has also paid a stamp duty of Rs 20.69 lakh and deposited Rs 2.41 crore as a security deposit. Additionally, Tesla has secured 51 dedicated car parking slots as part of the transaction.

This new Gurugram facility adds to Tesla’s rapidly growing footprint in India. The company is also set to unveil its second showroom in the country on August 11, located at Worldmark 3 in Aerocity, New Delhi, near the IGI Airport. This follows the successful launch of Tesla’s first Indian showroom—a 4,000 sq ft space at Maker Maxity Mall in Mumbai’s Bandra Kurla Complex (BKC).

Earlier in May 2025, Tesla leased over 24,000 sq ft of warehousing space from Lodha Logistics Park in Kurla (West), Mumbai, at a monthly rent starting from Rs 37.5 lakh. That move underlined Tesla’s focus on building a strong backend supply chain to support vehicle delivery and after-sales service in India.

With these strategic leases, Tesla appears to be laying the groundwork for a full-fledged India launch, potentially ahead of local production or larger import volumes. As the country ramps up infrastructure and incentives for EV adoption, Tesla’s moves indicate long-term confidence in the Indian market.

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K Raheja Corp Subsidiary Acquires 7.43 Acres in Mahalunge, Pune for ₹195 Crore

K raheja Acquires land parcel in Pune

In a major land acquisition move, Mumbai-based real estate major K Raheja Corp, through its subsidiary KRC Queens Pvt Ltd, has purchased a 7.43-acre land parcel in Mahalunge near Pune’s thriving Hinjewadi IT hub. According to property registration data accessed by CRE Matrix, the transaction was valued at ₹195 crore and was officially registered on July 21, 2025.

The land has been acquired from Pune-based Mahalunge Real Estate Developers Pvt Ltd and is reportedly earmarked for a large-scale township development. With growing interest in integrated township models in Pune’s rapidly expanding western corridor, this acquisition signals K Raheja Corp’s continued focus on high-potential micro-markets.

The deal also involved a stamp duty payment of ₹13.67 crore, reflecting the premium nature of the parcel and the location’s rising importance as a real estate hotspot.

Mahalunge, located adjacent to Hinjewadi and Baner, is part of the Pune Metropolitan Region Development Authority’s (PMRDA) smart city development initiatives. With a blend of connectivity, infrastructure upgrades, and residential demand, the area has emerged as a magnet for large-scale real estate investments.

K Raheja Corp’s entry reinforces the trend of top-tier developers staking claim in Mahalunge’s future. With this acquisition, the company is poised to contribute to the next phase of Pune’s urban transformation.

Pune’s real estate landscape is witnessing momentum, with several notable land deals shaping its growth trajectory. In a similar transaction, in November 2024, The Lodha Group purchased a 2.82-acre land plot in Pune’s Hinjewadi for approximately Rs 111 crore. 

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Mirzapur Actor Shweta Tripathi Buys ₹3 Cr Apartment in Chembur’s Supreme Boulevard

Shweta Tripathi Buys Chembur Apartment

According to documents accessed by CRE Matrix, acclaimed actor Shweta Tripathi, best known for her role in the hit series Mirzapur, has purchased a 3 BHK apartment in Chembur, Mumbai, for ₹3 crore. The property is located in Supreme Boulevard, a residential project developed by Mumbai-based real estate firm Supreme Universal.

The apartment spans 938 sq ft of usable area and is situated on the 9th floor of the building. Registered on July 2, 2025, the transaction involved a stamp duty of ₹15 lakh and registration charges of ₹30,000. Notably, Shweta Tripathi availed a stamp duty concession under the Maharashtra government’s policy that offers financial relief to women homebuyers.

The per square foot rate for the apartment stands at ₹32,000, and the deal includes two car parking spaces—an increasingly valued asset in the city’s competitive housing market.

Chembur, a suburb in eastern Mumbai, has experienced a surge in popularity in recent years, partly due to its improved connectivity and the influx of prominent developers. The area gained significant spotlight following two major acquisitions by Godrej Properties – the purchase of the iconic Raj Kapoor Studio and the Raj Kapoor bungalow. The current building under development on that land is part of Godrej’s broader strategy to redefine Chembur’s residential landscape.

With well-established social infrastructure and proximity to major business districts, Chembur continues to attract both end-users and investors alike. Shweta Tripathi’s recent investment further highlights the area’s growing appeal among Mumbai’s high-profile residents.

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