{"id":1055,"date":"2025-08-09T09:48:43","date_gmt":"2025-08-09T04:18:43","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=1055"},"modified":"2026-02-16T15:05:22","modified_gmt":"2026-02-16T09:35:22","slug":"tesla-leases-8200-sq-ft-showroom-in-delhis-aerocity-at-%e2%82%b917-22-lakh-per-month","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/tesla-leases-8200-sq-ft-showroom-in-delhis-aerocity-at-%e2%82%b917-22-lakh-per-month\/","title":{"rendered":"Tesla Leases 8,200 Sq Ft Showroom in Delhi\u2019s Aerocity at \u20b917.22 Lakh Per Month"},"content":{"rendered":"\n

Elon Musk\u2019s Tesla India Motors and Energy Pvt Ltd is accelerating its India expansion with a premium lease deal in the capital. According to property documents accessed by CRE Matrix<\/a>, the electric vehicle maker has signed a nine-year agreement for an 8,200 sq ft showroom space in Delhi\u2019s Aerocity, a high-profile hospitality and commercial hub located near Indira Gandhi International Airport. <\/p>\n\n\n\n

The lease, registered on July 30 with Oak Infrastructure Pvt Ltd, is valued at \u20b9210 per sq ft per month, amounting to \u20b917.22 lakh in monthly rent. Tesla has also taken 10 parking slots at \u20b96,000 per month each, alongside a security deposit of \u20b91.03 crore.<\/p>\n\n\n\n

The sublease begins on March 15, 2025, with a 120-day fit-out period before the commencement of rent payments on July 13, 2025. The agreement includes a three-year lock-in period, a 15% rent escalation every three years, and common area charges of \u20b933.5 per sq ft per month, backed by a refundable CAM deposit of \u20b916.48 lakh.<\/p>\n\n\n\n

This Aerocity lease marks Tesla\u2019s second major retail space in India following its high-profile entry into the market last month. On June 15, the company leased its first showroom at Maker Maxity Mall in Mumbai\u2019s Bandra Kurla Complex<\/a>, taking 4,000 sq ft in one of the country\u2019s most expensive commercial districts for \u20b923.38 crore over five years, and inaugurated it on July 15. <\/p>\n\n\n\n

Tesla has not limited its expansion to retail spaces alone. Earlier, the company also secured nearly 51,000 sq ft of super built-up area at Orchid Business Park on Sohna Road<\/a>, Gurugram, for a nine-year term at a starting monthly rent of \u20b940.17 lakh. With prime locations now locked in across Mumbai, Gurugram, and Delhi, Tesla is positioning itself strategically in India\u2019s most influential business hubs, setting the stage for an aggressive brand rollout in the world\u2019s third-largest automobile market.<\/p>\n\n\n\n

Media Mentions<\/h4>\n\n\n\n