Tesla, the renowned electric vehicle company led by Elon Musk, has commenced sales in India with the inauguration of its first showroom at Maker Maxity Mall in Bandra Kurla Complex (BKC), Mumbai. The company’s
second showroom in India is scheduled to open on August 11 at Delhi Worldmark, Aerocity.
Recently, it has been revealed that Tesla will establish its third showroom in Gurugram, having leased approximately 51,000 square feet of super built-up area in Orchid Business Park on Sohna Road for a duration of nine years.
This space will house a showroom, service centre, and warehouse. According to real estate analysis firm CRE Matrix, the rent for this property amounts to Rs 4.82 crore, translating to a monthly payment of around Rs 40 lakh.
Tesla has paid Rs 2.41 crore as security deposit, with monthly rent due before the 7th of each month. This property includes a total of 51 parking spaces and the lease commenced on July 15, 2025, with registration completed on July 28.
Rs 20.69 Lakh Paid As Stamp Duty
The agreement, registered under Tesla India Motors and Energy Private Limited, spans nine years and required a stamp duty payment of Rs 20.69 lakh. Ownership of the property is divided among three entities: Suncity Real Estate LLP holds 21%, Orchid Infrastructure Developers Private Limited owns 3.06%, and Garwal Property Private Limited possesses the largest share at 75.94%.
Why Tesla Picked Orchid Business Park
Tesla has strategically chosen Orchid Business Park due to its proximity to major business and residential areas of Gurugram, aiming to cater to the Delhi-NCR demographic with its premium electric vehicles.
EVs Have Huge Potential In NCR
The electric vehicle market in NCR is rapidly expanding, and Tesla’s entry is expected to significantly influence this sector. Government initiatives such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme and reduced GST rates on electric vehicles have further stimulated the industry.
