Tesla, the electric car company, is set to open its first experience centre in Mumbai on July 15. This move marks a significant step in the company's expansion into the Indian market, despite not having any immediate plans for manufacturing in the country.
TeslaMumbaiElectric VehiclesExperience CentreEv MarketReal Estate MumbaiJul 11, 2025
Tesla is set to open its first experience centre in Mumbai on July 15, 2023.
The Tesla experience centre is located in a 4,000 square feet retail space in Mumbai, close to Apple’s flagship store.
Currently, Tesla has no plans to manufacture vehicles in India. The company is focusing on selling its vehicles in the Indian market.
Tesla has four commercial properties in India, including an engineering hub in Pune, a registered office in Bengaluru, and a temporary office near BKC.
The lease agreement for the Tesla service centre in Kurla West is for five years, with a starting monthly rent of Rs 37.53 lakh. The total payment over the lease period will be nearly Rs 25 crore, including a security deposit of Rs 2.25 crore.
The recent budget announcement has sparked concerns among property investors. Experts weigh in on how the removal of indexation will impact property prices, loans, and housing demand.
Realty firm Keystone Realtors reports 45% decline in net profit at Rs 25.82 crore for June quarter FY25, citing higher expenses. Total income rises to Rs 437.20 crore during April-June period.
Goa, Lonavala, Himachal Pradesh, Jaipur, and Mysore to witness luxury real estate boom
Keystone Realtors, a prominent real estate developer, has announced plans to invest a whopping Rs. 9 billion in residential projects in FY25.
The Chennai suburbs along the Grand Southern Trunk (GST) Road are witnessing rapid development, including increased employment opportunities, enhanced road and rail connectivity, and a real-estate boom.
Vinit Sarawgi has joined TRU Capital, a leading real estate investment firm, as Co-Founder and Investment Manager to spearhead strategic initiatives and drive growth in the real estate sector. Mumbai, October 18, 2024.