Jeetendra and Family Sell Mumbai Plot for Rs 855 Crore: A Mega Deal in the Real Estate Market
Veteran Bollywood actor Jeetendra and his family have sold a prime land parcel in Mumbai's Andheri region for a whopping Rs 855 crore. The transaction, registered through their companies, marks a significant move in the real estate market.
JeetendraMumbai PropertyReal EstateBalaji It ParkBollywoodReal Estate MumbaiJun 06, 2025
The report states that the property has been purchased by NTT Global Data Centers and Cloud Infrastructure India Private Limited, previously known as Netmagic IT Services. The company provides a wide array of services globally, including data management, cybersecurity, cloud solutions, threat monitoring, application development, and testing services.
Currently, the land parcel houses the Balaji IT Park, including three buildings with a total built-up area of around 4.9 lakh square feet, spanning across two adjoining plots of about 2.39 acres. According to MoneyControl, the market value of this land parcel is around Rs 730 crore.
The deal incurred a stamp duty of Rs 8.69 crore and registration fees of Rs 30,000 to complete the transaction, according to the property registration documents reviewed by Square Yards.
Jeetendra, a renowned name in the Indian film industry, has featured in over 200 films. Currently, he is the founder, promoter, and non-executive chairman of Balaji Telefilms, a production company known for producing TV shows.
Other Bollywood celebrities who sold properties in 2025
Earlier this year, Amitabh Bachchan sold a duplex apartment, located in Mumbai's Andheri area, for Rs 83 crore. Notably, the property was previously rented out to actress Kriti Sanon.
In March 2025, Priyanka Chopra sold four apartments in Mumbai for a total of Rs 16.17 crore, reports The Economic Times. These properties were located on the 18th and 19th floors of Oberoi Sky Gardens, Andheri.
Sonakshi Sinha sold her 4,200-square-foot property for Rs 22.50 crore earlier this year. According to an Indian Express report, she made a profit of over 60 per cent from the real estate transaction.
Akshay Kumar has earned over Rs 100 crore through the sale of multiple real estate properties in 2025, including a premium property located on the 39th floor of Oberoi Realty's Three Sixty West, Worli.
Frequently Asked Questions
Who purchased the land parcel from Jeetendra and his family?
The land parcel was purchased by NTT Global Data Centers and Cloud Infrastructure India Private Limited, previously known as Netmagic IT Services.
What is the market value of the land parcel?
The market value of the land parcel is around Rs 730 crore.
What is the current use of the land parcel?
The land parcel currently houses the Balaji IT Park, including three buildings with a total built-up area of around 4.9 lakh square feet.
How much did the transaction cost in terms of stamp duty and registration fees?
The deal incurred a stamp duty of Rs 8.69 crore and registration fees of Rs 30,000.
What other Bollywood celebrities have sold properties in 2025?
Other Bollywood celebrities who have sold properties in 2025 include Amitabh Bachchan, Priyanka Chopra, Sonakshi Sinha, and Akshay Kumar.
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