Try GOLD - Free
Tesla Signs 5-Year Lease for First Mumbai Showroom
The Statesman Siliguri
|March 07, 2025
Elon Musk-owned Tesla has signed a five-year lease for a 4003 square feet showroom in the Maker Maxity building, on the ground floor of 2 North Avenue, at Mumbai's Bandra Kurla Complex (BKC), for Rs 23.38 crore, according to registration documents provided by Propstack, a real estate data analytics firm.
The company will pay a rental of Rs 35.26 lakh per month, which is calculated at the rate Rs 888 per square feet, per month. The company has paid a security deposit of Rs 2.11 crore. The tenure of the lease agreement is five years, starting February 16, 2025 and the rent will increase by 5 per cent every year.
Tesla plans to open its second showroom in Delhi's Aerocity.
This story is from the March 07, 2025 edition of The Statesman Siliguri.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Statesman Siliguri
The Statesman Siliguri
FIIs sell equity worth ₹15,959 crore in Dec so far, DIIs buy for ₹39,965 crore
The foreign institutional investor (FII) selling is likely to decline in days to come as the economy is doing well, prospects for earnings growth are improving, and mutual fund SIPs are performing well, analysts said on Saturday.
1 min
December 15, 2025
The Statesman Siliguri
PM highlights Scindia’s write-up on Nagaland's Hornbill Festival
Prime Minister Narendra Modi on Sunday praised a write-up by Union Minister Jyotiraditya Scindia that highlights Nagaland's Hornbill Festival as a vibrant display of the state's rich cultural heritage.
1 min
December 15, 2025
The Statesman Siliguri
Fear grips Brown University after shooter kills 2 and wounds 9; hunt on for gunman
Hundreds of police officers were scouringthe Brown University campus along with nearby neighbourhoods and poring over video in the hunt for a shooter who opened fire in a classroom, killing two people and wounding nine others.
2 mins
December 15, 2025
The Statesman Siliguri
Nagaland Hornbill Festival: A cultural classroom without walls
Winter has settled in the hills in December and the intensity of the dancers, the hypnotic drumbeats, and the earthy resonance of folk songs of the Hornbill Festival of Nagaland creates an atmosphere that is both primal and poetic.
5 mins
December 15, 2025
The Statesman Siliguri
AI for India
India has suddenly become the centre of global attention in artificial intelligence, not for producing the next OpenAI or DeepSeek, but for the sheer scale of opportunity it represents.
2 mins
December 15, 2025
The Statesman Siliguri
‘Sports minister should resign for Messiness’
The state Sports Minister should take the responsibility and resign for yesterday's fiasco at the Salt Lake stadium, where thousands of fans gathered to see eminent footballer Lionel Messi live were denied the opportunity.
1 min
December 15, 2025
The Statesman Siliguri
McCullum reaffirms faith in England ahead of Adelaide Test
England head into the third Test in Adelaide with their backs against the wall, trailing Australia 2-0 in the Ashes series.
2 mins
December 15, 2025
The Statesman Siliguri
Polling booth will be the centre of victory, SIR is the cornerstone of the election strategy: CM Yogi
Uttar Pradesh Chief Minister Yogi Adityanath clarified that the upcoming elections will be fought entirely at the booth level, and the Special Intensive Revision (SIR) is the backbone of this strategy.
1 min
December 15, 2025
The Statesman Siliguri
Affordable jungle safaris to Dudhwa go live as UPSTDC launches 5 curated wildlife tour packages
The call of the wild is now closer than ever as from 15 December, travellers will be able to explore the forests, wildlife and raw beauty of Dudhwa National Park through a new set of affordable and well-curated jungle safari tour packages launched by the Uttar Pradesh State Tourism Development Corporation (UPSTDC).
1 mins
December 15, 2025
The Statesman Siliguri
Bihar minister Nitin Nabinis BJP national working president
Keeping up its reputation for springing surprises, the BJP on Sunday appointed Bihar minister Nitin Nabin as the party's national working president with \"immediate effect\".
1 mins
December 15, 2025
Listen
Translate
Change font size