Tesla is stepping up its presence in India with plans to open a brand new flagship retail retailer at Aerocity’s Worldmark 3, one of the vital sought-after business hubs within the Nationwide Capital Area. This transfer underscores Tesla’s aggressive technique to increase its presence within the Indian market and attain a wider buyer base in a high-visibility location.
In keeping with lease paperwork from actual property analytics agency CRE Matrix, Tesla India Motor & Vitality Pvt Ltd has secured 8,200 sq ft of ground-floor house. That is below a nine-year sub-lease settlement beginning fifteenth March, 2025. The shop will completely function a retail outlet. It should showcase Tesla’s newest electrical autos and know-how to potential consumers.
The situation is close to Indira Gandhi Worldwide Airport. It gives glorious visibility and foot visitors, making it a really perfect spot for Tesla to strengthen its model expertise. Tesla has been granted 120 days to customize the house earlier than hire funds start on thirteenth July, 2025.
The month-to-month hire for the property is ready at Rs 49.2 lakh, plus frequent space upkeep expenses of Rs 33.50 per sq ft per 30 days. Moreover, there are parking charges for 10 slots at Rs 6,000 every. The lease features a 36-month lock-in interval with a 15% hire enhance each three years. Moreover, Tesla has paid refundable deposits totalling over Rs 1 crore for hire and upkeep.
Whereas Tesla has not but introduced the shop’s official opening date, trade consultants imagine the Aerocity outlet will function each a gross sales centre and a model expertise hub. It should assist the corporate join extra intently with Indian clients and showcase its electrical car lineup and improvements. This enlargement displays Tesla’s dedication to capturing the rising demand for EVs in India by way of strategic retail places.
Curious About Car Shares? Ask the Analyst.
Prepared to speculate like a professional? Unicorn Alerts app equips you with 100+ Free instruments and data you’ll want to succeed. Obtain the Unicorn Alerts app and acquire entry to every day inventory lists and insightful market evaluation and rather more!