Tesla India takes on lease 8,200 sq. ft. business house in Delhi’s Aerocity

Electric automobile large Tesla, which is increasing its presence in India, has rented 8,200 sq. ft. of business house in Delhi’s Aerocity for a beginning hire of ₹17.22 lakh per 30 days, based on CRE Matrix.

Real property knowledge analytics agency CRE Matrix, which has reviewed the registration doc of leasing transactions, stated that Tesla India Motor’s & Energy Pvt. Ltd. has taken on lease 8,200 sq ft space at Worldmark 3 challenge in Aerocity from Oak Infrastructure Pvt. Ltd.

The house has been taken for a 9-year lease, with a beginning hire of ₹17.22 lakh.

The beginning hire is ₹210 per sq ft. The leases will improve by 15% each 36 months. The lease registration occurred on July 30, 2025.

Elon Musk-led Tesla made its India retail debut final month with a retailer within the Bandra Kurla Complex enterprise district in suburban Mumbai. The firm is promoting the China-made ‘Model Y’ with a price ticket of practically ₹60 lakh after accounting for the excessive import duties.

Recently, Tesla leased a 33,000 sq. ft. space in a business constructing at Gurugram, Haryana, which can be utilized as a service centre and gross sales outlet, based on CRE Matrix.

The firm registered a 9-year lease for the unit in Gurugram’s Orchid Business Park.

Tesla will probably be paying a beginning hire of ₹40 lakh for the Gurugram property. There is a clause within the settlement beneath which the hire will escalate by 4.75% each year.

The chargeable space is 33,475 sq ft, whereas the super-built-up space of the property is 50,914 sq ft, CRE Matrix had stated, including that there’s a 3-year lock-in.

The property has been leased from Garwal Property, and the lease was registered on July 28.