After its much-anticipated entry into Mumbai last month, Elon Musk’s Tesla India Motor & Energy Pvt Ltd has now secured a prime commercial space in Gurugram, marking its second major move in the country. The EV giant has leased nearly 51,000 sq ft of super built-up space at Orchid Business Park on Sohna Road for a tenure of nine years. According to documents accessed, the lease commenced on July 15, 2025, and was officially registered on July 28.

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Lease Terms and Financial Details

The lease begins with a starting monthly rent of ₹40.17 lakh, calculated at ₹120 per sq ft. As per the lease deed, this amount will escalate annually by 4.75%. Over the nine-year term, Tesla will gradually increase its rent from ₹42.07 lakh in the second year to ₹58.22 lakh by the ninth year. The company has also paid a security deposit of ₹2.41 crore for the long-term commitment. In addition to the built-up space, the lease includes access to 51 parking slots, likely to be used for customer and service vehicles. Tesla's latest Gurugram deal is a clear sign of the company's growing commitment to the Indian market.