Tesla Signs India’s Most Expensive Auto Showroom Lease in Mumbai’s BKC for ₹23.38 Crore
Tesla has leased 4,000 sq. ft. of showroom space in Mumbai’s Bandra Kurla Complex at a record ₹881 per sq. ft., making it the most expensive auto showroom lease in India. The five-year agreement, valued at ₹23.38 crore, includes a ₹2.11 crore security deposit and a 5 percent annual rent escalation clause. Tesla’s Mumbai showroom in Maker Maxity marks a significant step in its India expansion strategy.
