Elon Musk’s Tesla is accelerating its India expansion plans with a strategic move into Gurugram, Haryana. The electric vehicle giant has leased approximately 51,000 sq ft of premium commercial space on Sohna Road, marking its third major facility in the country. This location will function as a showroom, service centre, and warehouse, establishing a strong northern presence for the brand.
According to property intelligence platform CRE Matrix, Tesla India Motor & Energy Pvt Ltd has finalized a nine-year lease agreement at Orchid Business Park, beginning July 15, 2025, with the agreement formally registered on July 28, 2025. The space—leased from Garwal Property Pvt Ltd—comes at a starting monthly rent of ₹40.17 lakh, which is set to increase by 4.75% annually.
Also Read:- RBI Governor Counters Trump’s ‘Dead Economy’ Jibe, Says India Outpacing U.S. in Global Growth Contribution
Inside the Lease Deal: A Closer Look at the Numbers
- Total Super Built-up Area: ~51,000 sq ft
- Chargeable Area: 33,475 sq ft
- Starting Rent: ₹40.17 lakh/month (₹120 per sq ft)
- Lease Duration: 9 years
- Annual Escalation: 4.75%
- Security Deposit: ₹2.41 crore
- Parking Slots: 51
The lease agreement outlines a steadily increasing rent structure:
- Year 1: ₹40.17 lakh
- Year 2: ₹42.07 lakh
- Year 3: ₹44.07 lakh
- Year 4: ₹46.17 lakh
- Year 5: ₹48.36 lakh
- Year 6: ₹50.66 lakh
- Year 7: ₹53.06 lakh
- Year 8: ₹55.58 lakh
- Year 9: ₹58.22 lakh
Monthly rent must be paid before the 7th of each month.
The ownership of the leased land is shared among three entities:
- Garwal Property Pvt Ltd: 75.94%
- Suncity Real Estate LLP: 21%
- Orchid Infrastructure Developers Pvt Ltd: 3.06%
Also Read:- RBI Maintains Policy Rate at 5.5%; Borrowers’ EMIs Remain Unchanged
Tesla’s Rapid Growth in India
This move follows Tesla’s recent debut in Mumbai, where it leased 24,565 sq ft of warehouse space at Lodha Logistics Park in Kurla for five years, paying ₹24.38 crore in total rent.
In addition, reports suggest that Tesla is all set to launch a new showroom in Delhi’s Worldmark Mall, Aerocity, on August 11, reinforcing the brand’s aggressive rollout strategy in key metro cities.
Despite the buzz, Tesla and Garwal Property Pvt Ltd have not issued any official statements regarding the new lease.
Also Read:- How India’s Cities Are Using Artificial Intelligence to Solve Age-Old Civic Problems
Tesla’s India Vision Takes Shape
With this latest lease in Gurugram, Tesla is clearly laying the foundation for a robust EV ecosystem in India—ensuring accessibility, after-sales support, and a premium brand experience. The inclusion of service centres and warehouses alongside showrooms indicates Tesla’s long-term commitment to the Indian market, going beyond mere vehicle sales.
Quick Recap:
- Tesla leases 51,000 sq ft on Sohna Road, Gurugram
- ₹40 lakh/month starting rent, escalating annually
- 9-year lease, showroom + service centre + warehouse
- ₹2.41 crore security deposit and 51 parking spots
- Delhi showroom launch slated for August 11
Elon Musk’s Tesla is accelerating its India expansion plans with a strategic move into Gurugram, Haryana. The electric vehicle giant has leased approximately 51,000 sq ft of premium commercial space on Sohna Road, marking its third major facility in the country. This location will function as a showroom, service centre, and warehouse, establishing a strong northern presence for the brand.
According to property intelligence platform CRE Matrix, Tesla India Motor & Energy Pvt Ltd has finalized a nine-year lease agreement at Orchid Business Park, beginning July 15, 2025, with the agreement formally registered on July 28, 2025. The space—leased from Garwal Property Pvt Ltd—comes at a starting monthly rent of ₹40.17 lakh, which is set to increase by 4.75% annually.
Also Read:- RBI Governor Counters Trump’s ‘Dead Economy’ Jibe, Says India Outpacing U.S. in Global Growth Contribution
Inside the Lease Deal: A Closer Look at the Numbers
- Total Super Built-up Area: ~51,000 sq ft
- Chargeable Area: 33,475 sq ft
- Starting Rent: ₹40.17 lakh/month (₹120 per sq ft)
- Lease Duration: 9 years
- Annual Escalation: 4.75%
- Security Deposit: ₹2.41 crore
- Parking Slots: 51
The lease agreement outlines a steadily increasing rent structure:
- Year 1: ₹40.17 lakh
- Year 2: ₹42.07 lakh
- Year 3: ₹44.07 lakh
- Year 4: ₹46.17 lakh
- Year 5: ₹48.36 lakh
- Year 6: ₹50.66 lakh
- Year 7: ₹53.06 lakh
- Year 8: ₹55.58 lakh
- Year 9: ₹58.22 lakh
Monthly rent must be paid before the 7th of each month.
The ownership of the leased land is shared among three entities:
- Garwal Property Pvt Ltd: 75.94%
- Suncity Real Estate LLP: 21%
- Orchid Infrastructure Developers Pvt Ltd: 3.06%
Also Read:- RBI Maintains Policy Rate at 5.5%; Borrowers’ EMIs Remain Unchanged
Tesla’s Rapid Growth in India
This move follows Tesla’s recent debut in Mumbai, where it leased 24,565 sq ft of warehouse space at Lodha Logistics Park in Kurla for five years, paying ₹24.38 crore in total rent.
In addition, reports suggest that Tesla is all set to launch a new showroom in Delhi’s Worldmark Mall, Aerocity, on August 11, reinforcing the brand’s aggressive rollout strategy in key metro cities.
Despite the buzz, Tesla and Garwal Property Pvt Ltd have not issued any official statements regarding the new lease.
Also Read:- How India’s Cities Are Using Artificial Intelligence to Solve Age-Old Civic Problems
Tesla’s India Vision Takes Shape
With this latest lease in Gurugram, Tesla is clearly laying the foundation for a robust EV ecosystem in India—ensuring accessibility, after-sales support, and a premium brand experience. The inclusion of service centres and warehouses alongside showrooms indicates Tesla’s long-term commitment to the Indian market, going beyond mere vehicle sales.
Quick Recap:
- Tesla leases 51,000 sq ft on Sohna Road, Gurugram
- ₹40 lakh/month starting rent, escalating annually
- 9-year lease, showroom + service centre + warehouse
- ₹2.41 crore security deposit and 51 parking spots
- Delhi showroom launch slated for August 11
