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Electric vehicle major Tesla which is ramping up its operations in India has leased 8200 sq ft of commercial space at Delhi’s Aerocity for a starting monthly rent of Rs 17.22 lakh according to real estate data analytics firm CRE Matrix.  The firm after reviewing the lease registration documents said Tesla India Motor & Energy Pvt Ltd has rented the space in the Worldmark 3 project at Aerocity from Oak Infrastructure Pvt Ltd. Tesla India Rent For New Commercial Space The space has been taken for a 9-year lease with a starting rent of Rs 17.22 lakh. The starting rent is Rs 210 per sq ft. The rentals will increase by 15 per cent every 36 months. The lease registration happened on July 30 2025. Elon Musk-led Tesla made its India retail debut last month with a store in the Bandra Kurla Complex business district in suburban Mumbai. The company is selling the China-made Model Y with a price of nearly Rs 60 lakh after accounting for the high import duties. Tesla Another Leased Space In Gurugram Recently Tesla leased a 33000 square feet area in a commercial building at Gurugram Haryana which can be used as a service centre and sales outlet according to CRE Matrix. The company registered a 9-year lease for the unit in Gurugrams Orchid Business Park. Tesla will be paying a starting rent of Rs 40 lakh for the Gurugram property. There is a clause in the agreement under which the rent will escalate by 4.75 per cent per annum. The chargeable area is 33475 sq ft while the super-built-up area of the property is 50914 sq ft CRE Matrix had said adding that there is a 3-year lock-in. The property has been leased from Garwal Property and the lease was registered on July 28. (With Inputs From PTI)