There is no need to say anything about the craze for tesla EV cars. It is known that this company has recently entering India. Leaving aside future issues. Now there is an interesting discussion on the showroom rentals being set up by this company. The reason for this. This deal is creating new records in the real estate market. Its first tesla showroom in india will be set up in Mumbai. tesla demonstrates an undisputed dominance in EV vehicles in the world. By opening its first showroom in india, it is said to be entering the world's third-largest market. tesla has made a key decision regarding the launch of its first car. It plans to enter the indian market with the world's best-selling 'Model Y'. Tesla's official showroom will open in mumbai next month.
Later, another showroom will be set up in the country's capital Delhi. A company called CRE Matrix Access is looking after the lease matters related to the land where Tesla's showroom is being set up in Mumbai. Tesla's showroom is being set up in the most expensive commercial area in mumbai, Bandra Kurla Complex. It is said that a five-year contract has been signed for this. Do you know how much this five-year lease is? It is said to be Rs. 23.38 crore in letters. The showroom will be set up on a total area of 4 thousand square feet. Such a huge deal regarding commercial space is being said to be a record in the country. This is being called the most expensive showroom lease deal so far. tesla has leased a showroom space in a commercial complex called Maker Maxity on Mumbai's North Avenue. This lease agreement is also being called a record.
The showroom will have to be leased at a monthly rate of Rs 35.26 lakh for the first year. This lease amount, which will increase every year, will have to be paid every month for five years at Rs 42.86 lakh. In addition to these two areas, 24,565 square feet of space has been leased for a warehouse in the lodha Logistics Park in Mumbai's Kurla area. It is noteworthy that the agreements have been signed to pay a rent of Rs 24.38 crore for a period of five years. Regardless of the sales of cars, it is undeniable that tesla will create new records in the amount of leases it takes to rent the space required for its operations.
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Sowmiya Sriram

22/06/2025 10:23 PM