Tesla Expands in Mumbai with 24,565 sq ft Lease in Kurla West
Tesla has leased a significant 24,565 sq ft space in Kurla West, Mumbai, further solidifying its presence in India’s real estate and electric vehicle market. This strategic move underscores Tesla’s commitment to sustainable mobility and efficient service delivery.
TeslaMumbaiKurla WestElectric VehiclesReal EstateReal Estate MumbaiJun 03, 2025
The five-year lease agreement, registered on 16 May 2025, was signed between Tesla India Motor & Energy Pvt. Ltd. and Lodha Developers. The monthly rent for the leased space is ₹37.53 lakh, amounting to over ₹24 crore over the lease term. The leased space is expected to serve as a service centre for Tesla’s electric vehicles, with potential for future expansion within the facility.
Lodha Logistics Park is a 400,000 sq. ft. in-city distribution centre catering to last-mile delivery needs of e-commerce, quick-commerce, and cloud kitchen firms. The park’s strategic location and infrastructure make it an ideal choice for Tesla’s service centre, facilitating efficient operations and accessibility for customers.
This lease marks Tesla’s third in Mumbai this year, indicating the company’s growing footprint in the city. Beyond Mumbai, Tesla has leased 5,850 sq. ft. of office space in Pune and has recently taken showroom space in Delhi, demonstrating a multi-city approach to its India expansion.
Industry experts view this lease as a strategic move by Tesla to establish a comprehensive presence in India, encompassing offices, showrooms, and service centres. The company’s expansion aligns with India’s growing demand for electric vehicles and the government’s push towards sustainable mobility solutions.
As Tesla continues to expand its operations in India, the company’s focus on strategic locations and infrastructure development underscores its commitment to providing efficient and accessible services to its customers. The latest lease in Kurla West is a testament to Tesla’s long-term vision for the Indian market and its role in shaping the future of electric mobility in the country.
Frequently Asked Questions
Why did Tesla choose Kurla West for its new lease?
Tesla chose Kurla West due to its strategic location and the well-developed infrastructure of the Lodha Logistics Park. This location facilitates efficient operations and easy accessibility for customers, making it an ideal choice for a service centre.
What is the duration of the lease agreement?
The lease agreement is for a period of five years, registered on 16 May 2025.
How much is the monthly rent for the leased space?
The monthly rent for the leased space is ₹37.53 lakh, amounting to over ₹24 crore over the lease term.
What is the purpose of the leased space in Kurla West?
The leased space is expected to serve as a service centre for Tesla’s electric vehicles, with potential for future expansion within the facility.
What other cities has Tesla leased space in India?
Beyond Mumbai, Tesla has leased 5,850 sq. ft. of office space in Pune and has recently taken showroom space in Delhi, demonstrating a multi-city approach to its India expansion.
Related News Articles
India's Real Estate Sector Sees 20% Surge in Institutional Investments in Q2
India's real estate sector is witnessing a significant growth in institutional investments, driven by the rising demand for warehousing and residential projects
Redbrick Offices Subsidiary Acquires 22 Commercial Units in Mumbai's Andheri
Red Fox IT Infra LLP, a subsidiary of Redbrick Offices, buys 22 office spaces in Mumbai's Andheri for ₹267 crore.
6 Key Companies to Watch: Q2 Earnings Announcements Next Week
As the earnings season kicks off, six prominent companies are set to release their Q2 results next week. These companies span various sectors, including real estate, financial services, and IT. Investors are eagerly anticipating the financial performance
NIELIT and Maharashtra State Board of Technical Education Sign MoU for Enhanced Collaboration
The National Institute of Electronics & Information Technology (NIELIT) and the Maharashtra State Board of Technical Education (MSBTE) have signed a Memorandum of Understanding (MoU) to foster collaboration and enhance the quality of technical education a
Godrej Properties Acquires 24 Acres in Indore for Rs 200 Crore
Godrej Properties, a leading real estate developer, has bought 24 acres of land in Indore for Rs 200 crore to develop premium housing plots. This acquisition is part of the company's strategy to expand its presence in tier II-III cities amid strong demand
Mumbai Set for Massive Rs 1.03 Lakh Crore Investment by Brookfield
Brookfield and the Maharashtra government have signed an MoU to invest Rs 1.03 lakh crore in Mumbai's infrastructure. The funds will be used for developing residential and commercial real estate, as well as 'Global Capability Centres'—offshore offices of