Home / Mumbai / Mumbai News / Article / Elon Musk’s Tesla rents out 4000 sq ft of showroom space in BKC

Elon Musk’s Tesla rents out 4000 sq ft of showroom space in BKC

As per reports, the security deposit for the transaction is Rs 2.11 crore, and the rental agreement has a 5 per cent per year rent escalation clause on a per annum basis

Listen to this article :
Elon Musk

Elon Musk

Tesla, Elon Musk's automotive company, has rented out 4000 sq ft of showroom space in India's costliest commercial district, Bandra Kurla Complex (BKC), for R23.38 crore for five years, according to property registration documents accessed by CRE Matrix.

Reports state that the registration documents show that the showroom space has been rented out in a commercial building named Maker Maxity on North Avenue. Reports state that the premises has been taken at a monthly rent of around Rs 35.26 lakh. Reports state that the registration documents show that the transaction was registered on February 27, 2025, between Univco Properties LLP, the property owner, and Tesla India Motor and Energy Pvt Ltd.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement