Bollywood Legend Jeetendra Sells Andheri Plot for Rs 855 Crore to NTT Global Data Centers
Veteran Bollywood actor Jeetendra and his family-owned firms have sold a prime land parcel in Andheri, Mumbai, to NTT Global Data Centers for Rs 855 crore. The deal, one of the largest real estate transactions involving a Bollywood family, highlights the growing interest of global tech companies in India's real estate market.
Real EstateBollywoodData CentersNtt GlobalJeetendraReal EstateJun 05, 2025
The land parcel, along with the built-up area, was bought by NTT Global Data Centers & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited. NTT, a Japanese tech conglomerate, is India’s largest data center provider and a prominent IT services company. It specializes in a range of services, including public and private cloud solutions, hosting, data management, application development, threat monitoring, content delivery networks, and testing services, serving customers globally.
According to the property registration documents from the IGR, the transaction comprised two contiguous land parcels spanning a total area of 9,664.68 sq. m. (~0.96 hectares or ~2.39 acres). The site currently houses Balaji IT Park and includes three constructed buildings with a cumulative built-up area of 45,572.14 sq. m. (4,90,534 sq. ft.). The deal incurred a stamp duty of Rs. 8.69 crore and registration charges amounting to Rs. 30,000.
This transaction is significant as it highlights the growing interest of global tech giants in acquiring prime real estate in major Indian cities. The acquisition by NTT Global Data Centers is expected to boost its data center infrastructure in Mumbai, a key financial and IT hub in India. The deal is also one of the largest real estate transactions involving a Bollywood family, underscoring the financial clout and strategic assets held by prominent figures in the entertainment industry.
Jeetendra, a veteran actor known for his charismatic performances and successful career spanning several decades, has been actively involved in various business ventures alongside his acting career. The sale of the Andheri plot is a testament to his astute business acumen and the strategic timing of the transaction, which aligns with the increasing demand for data center infrastructure in India.
NTT Global Data Centers, with its extensive portfolio of data centers and cloud services, is well-positioned to capitalize on the growing demand for robust IT infrastructure. The acquisition of the Andheri plot will likely enhance its ability to provide high-quality data center services to its clients, including major corporations and startups in the tech and financial sectors.
In conclusion, the sale of the Andheri plot by Jeetendra and his family to NTT Global Data Centers for Rs 855 crore is a significant milestone in the Indian real estate and tech sectors. It reflects the evolving landscape of business and technology in India and the strategic investments being made by global companies to meet the growing demand for advanced IT infrastructure.
Frequently Asked Questions
Who are the sellers in this real estate transaction?
The sellers in this transaction are veteran Bollywood actor Jeetendra and his family-owned firms, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.
What is the buyer's company name and what does it specialize in?
The buyer is NTT Global Data Centers & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited. NTT specializes in data center infrastructure and a range of IT services, including cloud solutions, hosting, data management, and application development.
How much area does the sold land parcel cover?
The sold land parcel covers a total area of 9,664.68 sq. m. (~0.96 hectares or ~2.39 acres).
What is the built-up area of the site, and what does it currently house?
The site currently houses Balaji IT Park and includes three constructed buildings with a cumulative built-up area of 45,572.14 sq. m. (4,90,534 sq. ft.).
When was the transaction registered, and what were the associated costs?
The transaction was registered in May 2025. It incurred a stamp duty of Rs. 8.69 crore and registration charges amounting to Rs. 30,000.
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