Where will Tesla's first showroom open in India?
united states based company tesla has been planning to enter the indian market for a long time. Some time ago, news came out that a place is being searched for Elon Musk's company to open a showroom in India. The search for Tesla's showroom was going on in delhi and Mumbai. But the company's search has been completed in Mumbai. tesla has finalized the place for the showroom in Mumbai.
Where will Tesla's first showroom open?
The first showroom of Elon Musk's company tesla is going to open in Bandra-Kurla Complex (BKC) in Mumbai. Here Tesla's showroom will be on the ground floor of North Avenue in the commercial complex. This US multinational company has rented a showroom at this place. 4,003 square feet of space has been taken for this showroom for five years.
How much is the rent of Tesla's showroom?
Elon Musk's company has created a national record even before opening a showroom in India. tesla will have to pay a rent of Rs 881 per square feet for this showroom. So far, this is the highest rent amount for any company. Earlier in January, apple also opened its store in India. apple is paying a rent of Rs 738 per square feet for the showroom.
According to the report of reality data analytics platform CRE Matrix, this agreement was done only last week. According to this agreement, tesla has got this showroom from 16 february 2025. At the same time, the company has also got a rent-free period, which has been given till 31 march 2025. It has also been told that the rent of the showroom will be increased by 5 percent every year. tesla has also deposited Rs 2.11 crore as security deposit to finalize the deal of this showroom.
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