Tesla Leases Major Warehouse in Mumbai’s Kurla, Strengthening India Expansion
Tesla India Motor and Energy Pvt Ltd has leased a 24,565 sq ft warehouse in Kurla West, Mumbai, marking a significant step in its strategic expansion in India. The lease deal, worth ₹24.38 crore, includes a five-year lock-in period and reflects Tesla’s commitment to building a robust EV ecosystem in the country.
TeslaIndiaExpansionReal EstateWarehouseReal Estate MumbaiJun 11, 2025
The leased facility consists of two ground-floor units with a total carpet area of over 18,000 sq ft and a chargeable area exceeding 24,000 sq ft. Tesla will also have access to 20 parking spots under the agreement. The lease kicks off on April 20, 2025, with the chargeable licence period beginning June 1, 2025. In the first year, Tesla will pay a monthly rent of over ₹37.53 lakh, subject to a 5% annual escalation. The EV giant has also paid ₹1.62 crore in common area maintenance charges and deposited ₹2.25 crore as security.
According to Abhishek Kiran Gupta, CEO of CRE Matrix, this transaction is more than just a real estate move. “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, Mumbai,” he said. At ₹153 per sq ft, the warehouse deal reflects Tesla’s intent to build a robust EV ecosystem, backed by prime logistics and commercial assets. Located just 4 km from the U.S. Consulate in BKC, the Kurla facility keeps Tesla’s operations within a 10-km strategic corridor in Mumbai.
Tesla’s Growing Mumbai Footprint in 2025 This warehouse deal follows a flurry of Tesla’s real estate activity in Mumbai: • In March 2025, Tesla leased a 4,000 sq ft showroom in Maker Maxity, BKC for ₹23.38 crore over five years — India’s most expensive showroom lease at ₹881 per sq ft. • In April, the company acquired 30 workstations in a managed office space near BKC for a monthly rent of ₹3 lakh. While Tesla is clearly investing in retail and office infrastructure, the company remains cautious about launching manufacturing operations in India. Union Minister for Heavy Industries HD Kumaraswamy recently confirmed that Tesla has no immediate plans for local production, focusing instead on expanding its sales, service, and logistics footprint.
This deliberate approach highlights Tesla’s strategy to establish a solid retail and service network before committing to large-scale manufacturing in the Indian market. By securing prime locations and strategic facilities, Tesla aims to create a strong foundation for its future growth and market presence in India.
Frequently Asked Questions
What is the size of the warehouse Tesla leased in Kurla West, Mumbai?
Tesla leased a 24,565 sq ft warehouse at Lodha Logistics Park in Kurla West, Mumbai.
What is the total value of the lease deal for the warehouse?
The lease deal for the warehouse is worth ₹24.38 crore.
When was the lease deal registered?
The lease deal was registered on May 16, 2025.
What is the monthly rent Tesla will pay for the warehouse in the first year?
Tesla will pay a monthly rent of over ₹37.53 lakh in the first year, subject to a 5% annual escalation.
What is Tesla's current focus in India?
Tesla is currently focusing on expanding its sales, service, and logistics footprint in India, rather than launching manufacturing operations.
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