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Tesla leases strategic warehouse in Kurla, Mumbai, hints at serious expansion plans in India

Tesla leases warehouse in Kurla, Mumbai, signaling major expansion plans and stronger presence in the Indian market.

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Tesla leases strategic warehouse in Kurla, Mumbai, hints at serious expansion plans in India
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June 4, 2025, Mumbai: In a significant move highlighting its growing presence in India, Tesla India Motor and Energy Private Limited has secured the lease of 24,565 sq ft warehouse space at Lodha Logistics Park in Kurla West at a total cost of Rs 24.38 crore over five years.

According to registration documents accessed by CRE Matrix, a platform specialising in real estate data analytics, the lease was officially registered on May 16, 2025.

The official license period will begin from April 20 and rent payable from June 1, 2025.

The lease, signed with Macrotech Developers Limited (part of the Lodha Group), includes a 5-year lock-in clause and covers units G-101 and G-102 with 20 parking spaces.

Tesla has started its lease at a monthly rent of Rs 37.53 lakh, which will increase by 5% every year. Apart from this, they will pay Rs 1.62 crore towards Common Area Maintenance (CAM) charges during the lease period.

The company has also deposited Rs 2.25 crore as security.

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“Tesla’s India entry is taking shape through a deliberate, multi-city rollout — from its Pune office to flagship showrooms in BKC and Delhi-NCR, co-working presence in BKC, and now a strategic warehousing facility in Kurla,”

said Abhishek Kiran Gupta, CEO of CRE Matrix.

He added,

“This 24,565 sq. ft. lease at ₹153 per sq. ft. is more than a real estate transaction — it is a signal of Tesla’s long-term intent to establish a robust EV ecosystem in India.”

Tesla’s Real Estate Footprint in Mumbai

This warehouse deal marks Tesla’s third major property acquisition in Mumbai in just three months:

In March 2025, Tesla leased a 4,000 sq. ft. showroom at Maker Maxity, BKC — India’s most expensive commercial zone — at Rs 881 per sq. ft., setting a new national record for auto showroom rentals.

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In April 2025, the EV giant secured a 30-seat co-working office near BKC at Rs 3 lakh per month, further centralizing its operations.

All three locations – showroom, co-working office and warehouse – are conveniently located within a 10-km radius, highlighting the cluster-based strategy for the brand’s presence, logistics and customer engagement in Mumbai.

No Immediate Manufacturing Plans

Despite widespread speculation, Tesla has no immediate plans to set up a manufacturing plant in India. Union Heavy Industries Minister H.D. Kumaraswamy has clarified that Tesla is currently focusing on building its retail and distribution network rather than venturing into local production.

“Tesla is not keen on manufacturing in India for now, but is actively expanding its showroom and service presence,”

the minister stated earlier this week.

With the Kurla warehouse set to become an important logistics hub for western India, Tesla’s latest move reinforces its commitment to building a high-impact EV ecosystem in one of the world’s fastest-growing automobile markets.

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Also Read: Maha Metro Recruitment 2025: 151 government vacancies announced for engineers and managers

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Flora Fountain at Hutatma Chowk Shut Down Again Due to Maintenance Issues

Flora Fountain at Hutatma Chowk has reportedly remained non-functional for nearly two weeks, raising concerns about heritage maintenance. The Brihanmumbai Municipal Corporation says routine upkeep stalled due to the absence of a maintenance contractor.

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Flora Fountain at Hutatma Chowk Shut Down Again Due to Maintenance Issues
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South Mumbai’s historic Flora Fountain has reportedly been non-functional for nearly two weeks. Consequently concerns regarding the maintenance of one of the city’s prominent heritage sites have intensified.

This renowned fountain is situated at Hutatma Chowk in the Fort area and is maintained by the Brihanmumbai Municipal Corporation (BMC).

Fountain Lies Idle Despite Previous Repairs

This fountain is over 160 years old.

It underwent restoration work just about six years ago. The municipal corporation had undertaken extensive efforts to repair the water chamber located beneath the structure and to reactivate its water supply system.

A matter of concern is that recent reports indicate the fountain has once again ceased to function. Stagnant water has accumulated in its basin, leading to the growth of algae.

This serves as an indication that the structure is not undergoing regular maintenance.

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According to civic officials the primary issue is the absence of a contractor responsible for routine maintenance.

The upkeep of the fountain necessitates daily attention; this includes regulating the water supply, cleaning the basin and preventing the accumulation of algae within the pipelines.

Tender Process for Maintenance Underway

Officials stated that the BMC issued tenders in July 2025 for the maintenance of 22 historical buildings (heritage structures) in the Fort area.

This fountain is also included in these tenders. It is noteworthy that the process of finalizing the contract is currently ongoing and is expected to be completed soon, following which regular maintenance work will commence.

In the meantime certain temporary measures are being undertaken to repair the structure. It is reported that local officials have coordinated with the Ward Office to clean the basin and refill it with water. Significantly these temporary steps have not proven sufficient to restore the fountain to full operational capacity.

Challenges Related to Water Supply

The fountain’s water system operates via a chamber—seven feet, six inches deep—situated within the core of its structure.

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Over the past few years this chamber had become buried beneath several layers of cement and concrete; it was subsequently restored by the Municipal Corporation in 2017–18.

Historically this fountain was connected to the Malabar Hill Reservoir. It dates back to 1887. However the water pressure in this region is no longer strong enough to operate the fountain effectively.

Consequently, the Municipal Corporation is currently relying on water tankers to supply water to the fountain.

Experts observe that water pressure in South Mumbai has declined over the past few years. The demand for water in the city has increased significantly compared to the era when this fountain was first constructed.

Since the area surrounding the fountain is a commercial district, residential areas are typically accorded priority in terms of water pressure allocation.

The Historical Significance of Flora Fountain

Constructed in 1864, this fountain is named after ‘Flora,’ the Roman goddess associated with flowers and spring. Standing 32 feet tall, the monument was built using Portland stone imported from England. At the time of its construction, the fountain cost approximately 47,000 rupees—a sum considered substantial in that era.

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To function properly, the structure requires approximately 40,000 liters of water; typically, its basin must be refilled every 15 days to prevent the accumulation of algae.

Even today, this fountain remains one of the most recognizable historical landmarks from Mumbai’s colonial era. However, its current state of disuse has once again highlighted the ongoing challenges involved in maintaining historical monuments within a bustling urban environment.

Also Read: LPG Shortage Hits Restaurants in Mumbai, Bengaluru, Chennai; Hotels Warn of Possible Shutdowns

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Major Disruptions to Mumbai Local Train Services on March 15 Due to Mega and Jumbo Blocks

Mumbai commuters may face travel disruptions on March 15 as maintenance blocks are scheduled across suburban routes by Central Railway and Western Railway. Engineering work on the Trans-Harbour, Central, and Western lines will lead to train cancellations, diversions, and delays across the network.

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Major Disruptions to Mumbai Local Train Services on March 15 Due to Mega and Jumbo Blocks
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Commuters in Mumbai must be prepared for travel disruptions on Sunday, March 15.

This is because both Central Railway and Western Railway will be conducting several maintenance and infrastructure blocks across their suburban railway lines.

This scheduled work involves engineering maintenance, track repairs, and infrastructure upgrades. Consequently, numerous suburban and long-distance trains will either be cancelled or have their schedules revised.

Central Railway Mega Block on Transharbour Line

Central Railway will carry out a daytime mega block on the Transharbour route between Thane and Vashi/Nerul to perform engineering and maintenance work.

The block will be in effect from 11:10 AM to 4:10 PM.

During this period:

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Down-line services from Thane to Vashi, Nerul, and Panvel will remain suspended between 10:35 AM and 4:07 PM.

Up-line services from Panvel and Vashi towards Thane will be cancelled from 10:25 AM to 4:09 PM.

Passengers travelling on this route have been advised to use alternative routes via the Main Line or Harbour Line through Kurla.

Central Line Overnight Block

In addition to the Transharbour block, a 10-hour maintenance block will also be implemented on the Central Line between Mulund and Thane, as well as Diva and Dombivli.

The overnight block will begin at 12:00 AM on March 14 and continue until 10:00 AM on March 15.

Western Railway Night Blocks

Meanwhile, Western Railway will avoid daytime disruptions by conducting major maintenance work during the intervening night of Saturday and Sunday.

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Prabhadevi Bridge Work

A major block will be undertaken at Prabhadevi railway station between 1:30 AM and 6:00 AM to dismantle girders for the new Prabhadevi Road Over Bridge (ROB).

Impact of the block includes:

Around 45 suburban local trains cancelled between Churchgate and Dadar.

Some trains will be short-terminated at Bandra or Dadar and reversed from there.

No train halts at Matunga Road and Mahim during the block.

Suburban services will not run between Churchgate and Prabhadevi for the duration of the block.

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Borivali–Bhayandar Jumbo Block

A Jumbo Block will also be implemented on the Up and Down Fast lines between Borivali and Bhayandar.

The block will run from 12:15 AM to 3:45 AM.

During this period:

All fast trains will be diverted to slow lines between Virar/Vasai Road and Borivali, which may cause minor delays.

Impact on Long-Distance Trains

The infrastructure work will also affect several Mail and Express trains arriving in or departing from Mumbai.

Affected trains include:

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  • Train No. 22946 Okha – Mumbai Central Express – delayed by 1 hour 45 minutes.
  • Train No. 12928 Ekta Nagar – Dadar Express – delayed by 1 hour.
  • Train No. 12902 Ahmedabad – Dadar Express – delayed by 1 hour.
  • Train No. 09052 Bhusawal – Dadar Express – delayed by 45 minutes.

Train No. 22953 Mumbai Central – Ahmedabad Express – rescheduled to depart at 6:10 AM instead of 5:40 AM.

Advisory for Commuters

Railway officials have urged passengers to check for real-time updates on the National Train Enquiry System (NTES) app or the railways’ official social media channels before commencing their journeys.

Furthermore, the work being undertaken at night on the Western Line is aimed at minimizing inconvenience during daytime hours.

Passengers utilizing the Trans-Harbour Line during the afternoon may need to allow for an additional 30 to 45 minutes for their commute.

These scheduled blocks are part of ongoing efforts to enhance railway infrastructure and ensure safe operations on one of India’s busiest suburban rail networks.

Also Read: LPG Shortage Hits Restaurants in Mumbai, Bengaluru, Chennai; Hotels Warn of Possible Shutdowns

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Mumbai Silver Rates Update March 14, 2026

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Mumbai Silver Rates Update March 14, 2026
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Today in Mumbai, silver costs Rs 2,798 for 10 grams. For 100 grams, it is Rs 27,980. One kilogram of silver is Rs 2,79,800. These prices can change every day, so it is good to check before buying or selling.

Silver is popular in Mumbai. Many people buy it for jewellery, gifts, or investment. Shops in areas like Zaveri Bazaar see a lot of buyers, especially during festivals and weddings. Still, silver demand is not as high as gold. Many people choose silver because it is cheaper.

The main reason silver prices change is because of the global market. If the price goes up in international markets, it rises in Mumbai too. Sometimes, the value of the rupee also affects the cost. If the rupee is weak against the dollar, silver becomes a bit more expensive.

Local taxes and making charges in Mumbai also make a difference. Some jewellers add extra costs, so you might pay a bit more at some stores. Big stores sometimes offer better rates, but small shops may negotiate.

It is important to check the purity before buying. Many buyers in Mumbai ask for a bill and purity certificate. Checking current rates online or in newspapers is also wise.

There is no guarantee that buying silver will always give big profits. Prices can fall. If you are buying for investment, make sure it is something you can hold for some time. If you just want to use silver as jewellery or for gifts, it is still a good option.

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And remember, buy only from trusted shops. That way, you avoid cheating and get what you pay for.

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