Maker Group has licensed prime retail space at the iconic Maker Maxity complex in Mumbai’s Bandra Kurla Complex (BKC) to Tesla India. This transaction marks Tesla’s first major commercial real estate footprint in India, aligning with its broader expansion strategy in the country.
Parties Involved
Licensor: Maker Group
Licensee: Tesla India
Legal Counsel to Maker Group: Trilegal
No additional legal advisors have been publicly disclosed for Tesla India at this time.
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Advisory Role
Trilegal advised Maker Group on all legal aspects of the transaction, including:
Structuring of the license arrangement
Drafting and negotiation of lease documentation
Advisory on regulatory considerations and compliance
Leveraging real estate and retail leasing expertise in a premium commercial context
The Trilegal Real Estate Team was led by:
Monika Bhonsale (Partner)
Maithili Vagal (Counsel)
Saee Pendse (Associate)
Key Transaction Highlights
Location: Maker Maxity, BKC — a marquee destination for luxury retail and commercial occupiers.
Tenant: Tesla India — global EV leader establishing early real estate presence in Mumbai.
Transaction Type: Long-term licensing of premium retail premises.
Purpose: Anticipated as Tesla’s flagship retail and brand outpost in the Indian market.
Strategic Significance
Securing space in Maker Maxity offers Tesla India strategic access to India’s most affluent customer base and corporate elite. The move is consistent with Tesla’s global retail footprint model — entering flagship locations in premium districts ahead of market entry.
For Maker Group, onboarding a marquee tenant like Tesla enhances the prestige and positioning of Maker Maxity as Mumbai’s go-to destination for luxury and innovation-driven retail.
Why It Matters
This deal represents a landmark retail leasing transaction in India’s commercial real estate sector, as it paves the way for Tesla’s on-ground India entry. For legal, retail, and infrastructure professionals, the transaction showcases:
The rising demand for experiential brand real estate
The role of strategic lease structuring in global brand entry
Growing investor interest in EV and sustainability-focused tenants
About the Parties
Tesla India: The Indian arm of Tesla Inc., a world leader in electric vehicles and sustainable energy solutions.
Maker Group: A prominent Mumbai-based developer known for premium commercial and retail projects, including Maker Maxity.
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Disclaimer
This article is for informational purposes only and does not constitute legal or financial advice. Readers should consult professionals before making decisions.
