As part of its expanding India footprint, Tesla India Motor & Energy Pvt Ltd has leased a 24,565 sq. ft. warehousing facility at Lodha Logistics Park in Kurla West, Mumbai. The deal, finalized on May 16, 2025, marks another significant step in the EV giant’s multi-city rollout strategy.
As per the documents accessed through CRE Matrix, a real estate data analytics firm, the property leased from City FC Mumbai 1 Pvt Ltd (Bellissimo), the facility spans Units G-101 and G-102 on the ground floor of Building 1 in the park and comes at a monthly rent of Rs 37.53 lakh, translating to Rs 153 per sq. ft. The license term is set for five years, with a rent escalation clause of 5% annually. Tesla will begin paying rent from June 1, 2025, following a rent-free period of one month and ten days. Additional common area maintenance (CAM) charges are Rs 10 per sq. ft., also subject to a 5% annual escalation.
This warehousing space will likely serve as a key logistics hub as Tesla prepares for wider distribution and service operations in western India. The lease is one of several high-profile real estate moves by the company in recent months.
“Tesla’s India entry is taking shape through a deliberate, multi-city rollout — from its office in Pune to flagship showrooms in BKC and Delhi-NCR, co-working presence in BKC, and now a strategic warehousing facility in Kurla West, Mumbai. This 24,565 sq. ft. lease at ₹153 per sq. ft. is more than a real estate transaction — it’s a signal of intent. Backed by data, we’re witnessing Tesla build a high-impact EV ecosystem across India, anchored by prime commercial and logistics assets,” said Abhishek Kiran Gupta, CEO, CRE Matrix.
