Jeetendra Kapoor and Family Sell Andheri Property for ₹855 Crore to NTT Global Data Centers

Veteran Bollywood actor Jeetendra Kapoor and his family have sold a prime land parcel in Mumbai’s Andheri suburb for ₹855 crore to NTT Global Data Centers. The deal includes two contiguous land parcels totaling 2.39 acres in one of Mumbai’s most sought-after commercial and residential zones.

Real EstateAndheriJeetendra KapoorNtt Global Data CentersProperty SaleReal Estate NewsJun 05, 2025

Jeetendra Kapoor and Family Sell Andheri Property for ₹855 Crore to NTT Global Data Centers
Real Estate News:Veteran Bollywood actor Jeetendra Kapoor and his family have sold a prominent land parcel in Mumbai’s Andheri suburb for ₹855 crore. The transaction, registered in May 2025, documents of which have been reviewed by Square Yards – a prop tech firm, was conducted through two family-owned firms—Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.

According to property registration documents reviewed by Square Yards, which have been accessed through the official website of the Inspector General of Registration (IGR), Maharashtra, the buyer is NTT Global Data Centres & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited.

NTT Global Data Centres & Cloud Infrastructure India Private Limited is a provider of cloud computing, data hosting, application development, and cybersecurity solutions in India and globally.

The sale includes two contiguous land parcels totaling 9,664.68 square metres (approximately 2.39 acres), strategically located in Andheri, one of Mumbai’s most sought-after commercial and residential zones. The property currently houses Balaji IT Park, comprising three constructed buildings with a total built-up area of 45,572.14 square metres (about 4.90 lakh square feet), Square Yards claims.

The deal attracted a stamp duty of ₹8.69 crore and registration charges of ₹30,000, per the official documentation.

Located between major business hubs and entertainment zones, Andheri has developed into a thriving neighborhood with top-tier connectivity via the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro line. The area is known for its mix of modern office spaces, co-working hubs, luxury retail, entertainment facilities, and high-end residential developments.

The selling entities are linked to the Kapoor family, a prominent name in the Indian entertainment industry. Jeetendra Kapoor, with over 200 films to his credit, has been a fixture in Hindi cinema for more than six decades. His daughter, Ekta Kapoor, is a leading television and film producer and currently serves as the Joint Managing Director and Creative Head of Balaji Telefilms Limited. His son, Tusshar Kapoor, is also active in the industry as an actor and producer.

Frequently Asked Questions

Who are the sellers of the Andheri property?

The sellers of the Andheri property are veteran Bollywood actor Jeetendra Kapoor and his family, through their family-owned firms Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.

What is the total area of the land sold?

The total area of the land sold is 9,664.68 square metres, which is approximately 2.39 acres.

Who is the buyer of the Andheri property?

The buyer of the Andheri property is NTT Global Data Centres & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited.

What is the significance of the Andheri location?

Andheri is one of Mumbai’s most sought-after commercial and residential zones, known for its top-tier connectivity via major highways and metro lines, as well as its mix of modern office spaces, co-working hubs, luxury retail, entertainment facilities, and high-end residential developments.

What is the current use of the property?

The property currently houses Balaji IT Park, comprising three constructed buildings with a total built-up area of 45,572.14 square metres (about 4.90 lakh square feet).

Related News Articles

Maharashtra's Real Estate Market Sees Upsurge in Property Registrations
real estate news

Maharashtra's Real Estate Market Sees Upsurge in Property Registrations

Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.

June 20, 2024
Read Article
Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance
real estate news

Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance

Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.

June 26, 2024
Read Article
3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora
Real Estate

3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora

Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe

October 10, 2024
Read Article
NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors
Real Estate Pune

NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors

The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of

November 29, 2024
Read Article
Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore
Real Estate Mumbai

Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore

The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P

January 1, 2025
Read Article
Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance
Real Estate Mumbai

Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance

A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans

February 18, 2025
Read Article