Tesla is stepping up its presence in India with plans to open a new flagship retail store at Aerocity’s Worldmark 3, one of the most sought-after commercial hubs in the National Capital Region. This move underscores Tesla’s aggressive strategy to expand its presence in the Indian market and reach a wider customer base in a high-visibility location.

According to lease documents from real estate analytics firm CRE Matrix, Tesla India Motor & Energy Pvt Ltd has secured 8,200 sq ft of ground-floor space. This is under a nine-year sub-lease agreement starting 15th March, 2025. The store will exclusively serve as a retail outlet. It will showcase Tesla’s latest electric vehicles and technology to potential buyers.

The location is near Indira Gandhi International Airport. It offers excellent visibility and foot traffic, making it an ideal spot for Tesla to strengthen its brand experience. Tesla has been granted 120 days to customise the space before rent payments begin on 13th July, 2025.

The monthly rent for the property is set at Rs 49.2 lakh, plus common area maintenance charges of Rs 33.50 per sq ft per month. Additionally, there are parking fees for 10 slots at Rs 6,000 each. The lease includes a 36-month lock-in period with a 15% rent increase every three years. Furthermore, Tesla has paid refundable deposits totalling over Rs 1 crore for rent and maintenance.

While Tesla has not yet announced the store’s official opening date, industry experts believe the Aerocity outlet will serve as both a sales centre and a brand experience hub. It will help the company connect more closely with Indian customers and showcase its electric vehicle lineup and innovations. This expansion reflects Tesla’s commitment to capturing the growing demand for EVs in India through strategic retail locations.

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