Tesla opens first Delhi showroom, an 8,200 sq ft facility in Aerocity

Elon Musk’s Tesla India Motors and Energy Pvt Ltd has leased an 8,200 sq ft commercial space in Delhi’s Aerocity hospitality district for nine years

Tesla, the US-based electric vehicle manufacturer, has launched its second India showroom, an 8,200 sq ft space at Worldmark 3 in Delhi’s Aerocity, just weeks after making its debut at Mumbai’s Bandra Kurla Complex (BKC). The Aerocity location marks the company’s first outlet in the National Capital Region.

Elon Musk’s Tesla India Motors and Energy Pvt Ltd, which opened its second experience centre on August 11 in Delhi’s Aerocity hospitality district near Indira Gandhi International Airport, has leased the commercial space for nine years at a monthly rent of ₹17.22 lakh, according to documents accessed by CRE Matrix.

The space, leased from Oak Infrastructure Pvt Ltd at ₹210 per sq ft, comes with a security deposit of ₹1.03 crore. The sublease deed was registered on July 30. Tesla has also secured 10 parking slots at ₹6,000 per month each.

The sublease will commence on March 15, 2025, with a 120-day fit-out period, and rent payments starting July 13, 2025. The agreement includes a three-year lock-in, a 15% rent escalation every three years, common area maintenance charges of ₹33.5 per sq ft per month, and a refundable CAM deposit of ₹16.48 lakh.

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