Tesla Secures 24,565 Sq Ft Warehouse in Kurla for Rs 240 Mn Over Five Years
In a significant move, Tesla has leased a 24,565 sq ft warehouse in Kurla, Mumbai, for a total of Rs 240 million over five years. This strategic acquisition follows Tesla's earlier lease of a 4,000 sq ft showroom space in Bandra Kurla Complex, solidifying its presence in the city.
TeslaMumbaiKurlaWarehouseLogisticsReal Estate MumbaiJun 05, 2025
The new warehouse is located within the Lodha Logistics Park, a premier logistics hub in Kurla. This location offers Tesla several advantages, including proximity to major transport networks and a well-developed infrastructure. The facility will serve as a crucial distribution center for Tesla's products, ensuring efficient supply chain management and faster delivery times.
Earlier in March 2025, Tesla had already leased a 4,000 sq ft showroom space in the Bandra Kurla Complex, another prime location in Mumbai. This showroom is expected to serve as a key point of customer interaction, providing a platform for showcasing Tesla's latest models and technologies.
The lease agreements were brokered by CRE Matrix, a leading commercial real estate advisory firm. According to CRE Matrix, the deal reflects the growing demand for high-quality logistics and retail spaces in Mumbai, driven by the city's economic growth and strategic importance.
Elon Musk, Tesla's CEO, has been vocal about the company's plans to expand in India. In a recent statement, he emphasized the importance of establishing a strong local presence to meet the growing demand for electric vehicles and sustainable energy solutions. The new warehouse in Kurla is a significant step towards achieving this goal.
The acquisition of the warehouse is expected to create new job opportunities and contribute to the local economy. Tesla has also expressed its commitment to sustainable practices, with plans to implement energy-efficient systems and renewable energy sources in the facility.
Mumbai, known for its bustling economic activity and vibrant business environment, has been a focal point for Tesla's expansion plans. The city's strategic location and well-developed infrastructure make it an ideal hub for Tesla's operations in India. The company's presence in Mumbai is expected to drive innovation and growth in the local automotive and clean energy sectors.
The lease of the warehouse in Kurla and the showroom in Bandra Kurla Complex are part of a broader strategy to establish a robust network of facilities across India. Tesla is also exploring opportunities in other major cities, with the aim of creating a comprehensive ecosystem that supports its mission to accelerate the world's transition to sustainable energy.
In conclusion, Tesla's strategic real estate moves in Mumbai reflect the company's commitment to expanding its footprint in India and enhancing its logistics and retail capabilities. The new warehouse in Kurla and the showroom in Bandra Kurla Complex are significant milestones in Tesla's journey to becoming a major player in the Indian market.
Frequently Asked Questions
What is the size of the warehouse Tesla leased in Kurla?
Tesla leased a 24,565 sq ft warehouse in Kurla, Mumbai.
How much is the lease agreement for the Kurla warehouse?
The lease agreement for the Kurla warehouse is valued at Rs 240 million over five years.
Where is the warehouse located?
The warehouse is located within the Lodha Logistics Park in Kurla, Mumbai.
What other property did Tesla lease in Mumbai?
Earlier in March 2025, Tesla leased a 4,000 sq ft showroom space in the Bandra Kurla Complex, Mumbai.
Who brokered the lease agreements for Tesla in Mumbai?
The lease agreements were brokered by CRE Matrix, a leading commercial real estate advisory firm.
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