Tesla Expands in India with New Lease in Mumbai's Lodha Logistics Park
Tesla has leased 24,565 sq. ft. of space at Lodha Logistics Park in Mumbai, signaling its commitment to expanding its footprint in India. The five-year lease, signed in May, is part of Tesla's broader strategy to establish a robust presence in the country.
TeslaReal EstateIndiaElectric VehiclesExpansionReal Estate MumbaiJun 03, 2025
The five-year lease was signed between Tesla India Motor & Energy Pvt. Ltd and Lodha Developers and was registered on May 16. According to documents accessed by CRE Matrix, a real estate data analytics firm, Tesla will pay a starting monthly rent of ₹37.53 lakh, totaling over ₹24 crore over the lease term.
A source familiar with the development suggested that the leased space may serve as a service center for Tesla's electric vehicles. The company may also consider expanding within the facility in the future.
This deal marks Tesla’s third lease in Mumbai this year. In addition to a 30-seater office in a co-working center in Kurla, Tesla also secured space in the high-profile Maker Maxity complex in Bandra-Kurla Complex (BKC) at a record rate of ₹881 per sq. ft.
Lodha Logistics Park is a 400,000 sq. ft in-city distribution center designed to meet the last-mile delivery needs of e-commerce, quick-commerce, and cloud kitchen firms.
Beyond Mumbai, Tesla leased 5,850 sq. ft. of office space in Pune last year and has recently taken showroom space in Delhi.
“Tesla’s India entry is taking shape through a deliberate, multi-city rollout—from its office in Pune to flagship showrooms in BKC and Delhi-NCR, co-working presence in BKC, and now a strategic warehousing facility in Kurla West,” said Abhishek Kiran Gupta, CEO of CRE Matrix. “This 24,565 sq. ft. lease at ₹153 per sq. ft. is more than a real estate transaction—it’s a signal of intent. We’re witnessing Tesla build a high-impact EV ecosystem across India, anchored by prime commercial and logistics assets.”
However, questions remain about Tesla’s manufacturing plans. On Monday, Union minister for heavy industries H.D. Kumaraswamy stated that the company has not expressed interest in participating in the government’s scheme to promote domestic EV manufacturing (SPMEPCI).
Frequently Asked Questions
What is the size of the space Tesla leased in Mumbai's Lodha Logistics Park?
Tesla leased 24,565 sq. ft. of space at Lodha Logistics Park in Mumbai’s Kurla West.
What is the duration of the lease and the monthly rent?
The lease is for five years, and Tesla will pay a starting monthly rent of ₹37.53 lakh, totaling over ₹24 crore over the lease term.
What potential use does Tesla have for the leased space?
The leased space may be used as a service center for Tesla's electric vehicles, with the possibility of future expansion.
Where else has Tesla leased space in India?
Tesla has also leased space in Pune, Delhi, and other locations in Mumbai, including a co-working center in Kurla and space in the Maker Maxity complex in BKC.
What is the current status of Tesla's manufacturing plans in India?
As of the latest update, Tesla has not expressed interest in participating in the government’s scheme to promote domestic EV manufacturing (SPMEPCI).
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