Electric car big Tesla, which is increasing its presence in India, has rented 8,200 sq. ft. of commercial space in Delhi’s Aerocity for a beginning lease of ₹17.22 lakh monthly, based on CRE Matrix.
Real property information analytics agency CRE Matrix, which has reviewed the registration doc of leasing transactions, stated that Tesla India Motor’s & Energy Pvt. Ltd. has taken on lease 8,200 sq ft space at Worldmark 3 challenge in Aerocity from Oak Infrastructure Pvt. Ltd.
The space has been taken for a 9-year lease, with a beginning lease of ₹17.22 lakh.
The beginning lease is ₹210 per sq ft. The leases will enhance by 15% each 36 months. The lease registration occurred on July 30, 2025.
Elon Musk-led Tesla made its India retail debut final month with a retailer in the Bandra Kurla Complex enterprise district in suburban Mumbai. The firm is promoting the China-made ‘Model Y’ with a price ticket of practically ₹60 lakh after accounting for the excessive import duties.
Recently, Tesla leased a 33,000 sq. ft. space in a commercial constructing at Gurugram, Haryana, which can be utilized as a service centre and gross sales outlet, based on CRE Matrix.
The firm registered a 9-year lease for the unit in Gurugram’s Orchid Business Park.
Tesla shall be paying a beginning lease of ₹40 lakh for the Gurugram property. There is a clause in the settlement beneath which the lease will escalate by 4.75% every year.
The chargeable space is 33,475 sq ft, whereas the super-built-up space of the property is 50,914 sq ft, CRE Matrix had stated, including that there’s a 3-year lock-in.
The property has been leased from Garwal Property, and the lease was registered on July 28.
