Jeetendra and Family Sell Mumbai Land for Rs 855 Crore
Veteran actor Jeetendra and his family have sold land in Andheri, Mumbai, for a whopping Rs 855 crore to NTT Global Data Centres & Cloud Infrastructure India.
JeetendraMumbaiReal EstateProperty SaleData CenterReal Estate MumbaiJun 05, 2025
The land parcels, which currently house the Balaji IT Park, feature three constructed buildings with a built-up area of over 4.9 lakh square feet. The buyer of this prime property is NTT Global Data Centres & Cloud Infrastructure India, a leading company in the data center and cloud infrastructure sector.
According to the details provided, the deal incurred a stamp duty of Rs 8.69 crore and registration charges of Rs 30,000. The transaction was registered last month, marking a significant financial transaction in the Mumbai real estate market.
The two firms involved in the deal are Pantheon Buildcon and Tusshar Infra Developers, both owned by Jeetendra and his family members. This sale not only highlights the family's strategic business acumen but also underscores the robust demand for prime real estate in Mumbai, particularly in the IT and data center sectors.
Mumbai, known for its high property values and limited availability of land, continues to attract significant investments from both domestic and international players. The sale of the Balaji IT Park land by Jeetendra and his family to NTT Global Data Centres & Cloud Infrastructure India is a testament to the city's enduring appeal as a hub for business and technology.
For Jeetendra, who has had a long and successful career in the Hindi film industry, this transaction represents a savvy business move, leveraging his family's assets to secure a substantial financial gain. The proceeds from this sale could be reinvested in other ventures or used to support various family projects and philanthropic efforts.
The real estate market in Mumbai remains dynamic, with frequent high-value transactions reflecting the city's economic importance. As the demand for prime locations continues to grow, such deals are likely to become more common, driving further development and investment in the region.
In conclusion, the sale of the land in Andheri by Jeetendra and his family to NTT Global Data Centres & Cloud Infrastructure India for Rs 855 crore underscores the ongoing importance of strategic real estate investments in Mumbai. This transaction not only benefits the seller but also supports the growth of the IT and data center sectors in the city.
Frequently Asked Questions
Who sold the land in Andheri, Mumbai?
The land in Andheri, Mumbai, was sold by veteran actor Jeetendra and his family through two firms, Pantheon Buildcon and Tusshar Infra Developers.
How much was the land sold for?
The land was sold for Rs 855 crore.
Who bought the land?
The land was purchased by NTT Global Data Centres & Cloud Infrastructure India.
What is the current use of the land?
The land currently houses the Balaji IT Park, which includes three constructed buildings with a built-up area of over 4.9 lakh square feet.
What were the registration and stamp duty charges for the transaction?
The transaction incurred a stamp duty of Rs 8.69 crore and registration charges of Rs 30,000.
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