Tesla signs ₹17 Lakh-Per-Month Lease for Aerocity Outlet, Gears up for Gurugram Launch

As per the news reports, Tesla India has secured a 9-year sub-lease agreement for 8,200 square feet of prime ground-floor space at Worldmark 3, Aerocity, New Delhi, from Oak Infrastructure Pvt Ltd. The deal, registered on July 30, 2025, demonstrates Tesla's aggressive retail expansion strategy across India's major metropolitan areas.

₹17.22 lakh Monthly Rent with 36-Month Lock-in Period

The Aerocity lease carries a starting monthly rent of ₹17.22 lakh, translating to ₹210 per square foot, plus Common Area Maintenance charges of ₹33.5 per square foot monthly. Tesla deposited ₹1.03 crore as a refundable security deposit and ₹16.48 lakh as a refundable CAM deposit, with rent escalating 15% every 36 months throughout the agreement duration.

Strategic Airport Location with 120-Day Fit-out Period

The sub-lease commenced March 15, 2025, with a 120-day fit-out period for interior and operational setup, and rent commencement scheduled for July 13, 2025. Industry experts highlight the Aerocity outlet's strategic positioning near Delhi Airport as a high-visibility flagship retail store, likely showcasing Tesla's EV lineup and related energy products, with 10 parking spaces included at ₹6,000 monthly each.

Read More: Tesla in India: How Much Tax You Will Pay to Buy Tesla Model Y?

Gurugram Integrated Facility Plans 33,475 Square Feet

Tesla is simultaneously planning a Gurugram showroom with 33,475 square feet of leased space at Orchid Business Park on Sohna Road. The 9-year lease agreement, registered July 28, 2025, between Tesla India Motors and Energy Pvt Ltd and 3 lessors, will house Tesla's first integrated service centre, delivery hub, and customer-facing retail store in the Delhi-NCR region, effective from July 15.

Mumbai Operations Set Premium Pricing Benchmark

Earlier, Tesla leased Mumbai BKC showroom space for ₹35.26 lakh starting monthly rent (₹888 per square foot) for 5 years, opening July 15, whilst introducing Model Y starting from ₹60 lakh. Additionally, the company secured a 24,565 square feet warehousing facility in Mumbai's Kurla West for over ₹37.53 lakh monthly rent as a vehicle service centre.

Conclusion

Tesla's ₹17.22 lakh monthly Aerocity store lease with a 9-year commitment and Gurugram expansion plans demonstrate comprehensive retail network establishment across India's major metropolitan areas. With Mumbai operations already functional since July 15, the Delhi-NCR presence through a strategic airport-adjacent Aerocity location and integrated Gurugram facility positions Tesla for broader Indian electric vehicle market penetration through premium retail infrastructure.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.