Tesla leases 33,475 sq ft in Gurugram for second India showroom
Tesla signed a nine-year lease on Sohna Road, Gurugram at Rs 40.17 lakh/month with a Rs 2.41 crore deposit and 4.75% annual escalation. The integrated delivery hub, service centre and showroom targets north India, complementing its Mumbai operations.
What happened
Tesla signed a nine-year lease for 33,475 sq ft on Sohna Road, Gurugram to open its second India store—an integrated delivery hub, service centre, and showroom
Key facts
- 33,475 sq ft
- Rs 40.17 lakh/month
- nine-year lease
- three-year lock-in
- Rs 2.41 crore deposit
- 4.75% annual escalation
Why this matters
The nine-year lease and integrated delivery-plus-service format confirm Tesla is committing to sustained Indian market presence, expanding its addressable footprint into the high-value Delhi-NCR region.
What to watch
- India EV import-duty policy changes or PLI incentives
- Tesla local manufacturing/assembly announcement
- Q-over-Q India delivery volumes and waitlist reports
- Supercharger network buildout pace in north India
- Competitive premium-EV launches (BYD, BMW iX, Mercedes EQ) and pricing
- Additional lease filings in tier-1 metros
- Announce pricing and delivery timelines for imported Model 3/Y in India
- Secure charging/Supercharger partnerships along Delhi-Mumbai and NCR corridors
- Scout 3rd/4th showroom sites in Bengaluru, Hyderabad, Pune
- Lobby for reduced EV import duties or signal local assembly intent
- Ramp hiring for service technicians and delivery staff in NCR