Tesla’s latest Indian showroom to open in THIS city, signs ₹40 lakh/month lease for 9 years

The world’s richest man, Elon Musk, the electric vehicle giant Tesla, will open another showroom in India after the launch in Mumbai. Tesla India Motor & Energy Pvt Ltd rented a super -settled area of approximately 51,000 square meters at the Orchid Business Park at the Orchid Business Park in Guru Road for nine years. La40.17 According to a report referring to the documents accessed by The Hindustan Times by Cre Matrix.

Commercial rent from 15 July 2025 La40.17 lakh for the first year increases every year La42.07 Lakh in the second year, LaThe third is 44.07 Lakh, LaFourth place 46.17 Lakh, LaFifth row 48.36 Lakh, La50.66 Lakh for the sixth, LaSeventh in 53.06 lakh, LaEighth in 55.58 Lakh and LaIn the ninth year, 58.22 Lakh.

Rent Land Registry indicates the rent for Tesla’s second commercial area after Mumbai stopped La120 per square meter with an annual increase of 4.75% HT The report stated.

Tesla’s Pride Showroom Details

According to the documents, the landlord’s land share will be divided between Garwal Property PVT LTD (75.94%), Suncity Real Estate LLP (21%) and orchid infrastructure developers PVT LTD (3.06%). The date to be granted is 7th of each month, while the company La2.41 Crore shows as a security deposit for a nine -year agreement

Provides 51 parking space.

According to the property registration documents obtained by Cre Matrix, Elon Musk’s Tesla India Motor and Energy Pvt Ltd rented a storage area of 24.565 square meters at the Lodha Logistics Park in the Kurla region of Mumbai last month. La24.38 Crore for five years.

Meanwhile, Tesla reported that Delldmark Shopping Center Aerocity on August 11th on August 11th.

Tesla, led by American technology billionaire Musk, who previously pointed out the high import tariffs of India as a key reason for the company’s delayed introduction to the market, will import Model Y as a completely built unit (CBU) from the Shanghai production facility in China.