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

Veteran Bollywood actor Jeetendra Kapoor and his family have sold a prime land parcel in Mumbai’s Andheri suburb to NTT Global Data Centers for ₹855 crore, marking a significant real estate transaction in the city.

Mumbai Real EstateJeetendra KapoorNtt Global Data CentersAndheriProperty SaleReal Estate MumbaiJun 05, 2025

Jeetendra Kapoor and Family Sell Prime Andheri Property to NTT Global Data Centers for ₹855 Crore
Real Estate Mumbai: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, 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, a prop tech firm, 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 totalling 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).

The deal attracted a stamp duty of ₹8.69 crore and registration charges of ₹30,000, as per the official documentation. Andheri has developed into a thriving neighbourhood 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.

This significant transaction highlights the ongoing development and investment in Mumbai’s commercial and residential areas, particularly in Andheri, which continues to attract major players in the real estate and technology sectors.

Frequently Asked Questions

What is the value of the property sold by Jeetendra Kapoor and his family?

The property was sold for ₹855 crore.

Who are the family-owned firms involved in the sale?

The family-owned firms involved in the sale are Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.

What is the size of the land parcels sold?

The sale includes two contiguous land parcels totalling 9,664.68 square metres (approximately 2.39 acres).

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).

What is NTT Global Data Centres & Cloud Infrastructure India Private Limited known for?

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.

Related News Articles

Brookfield India REIT Raises Rs 3,500 Crore via QIP Issue to Cut Debt
Real Estate

Brookfield India REIT Raises Rs 3,500 Crore via QIP Issue to Cut Debt

Brookfield India Real Estate Trust has successfully raised Rs 3,500 crore by selling units to institutional investors through a Qualified Institutional Placement (QIP). The funds will primarily be used to reduce the company's debt burden.

December 14, 2024
Read Article
Swiggy Pledges to Invest Up to Rs 1,000 Crore in Scootsy Logistics for Expansion
real estate news

Swiggy Pledges to Invest Up to Rs 1,000 Crore in Scootsy Logistics for Expansion

Swiggy, the leading food delivery platform, has announced a significant investment of up to Rs 1,000 crore in Scootsy Logistics, its delivery partner, to boost its expansion. This move is aimed at enhancing the efficiency and reliability of the delivery n

February 24, 2025
Read Article
Real Estate Boom: Housing Prices Surge Across Major Indian Cities
real estate news

Real Estate Boom: Housing Prices Surge Across Major Indian Cities

A recent report by CREDAI, Colliers, and Liases Foras reveals a significant 10% year-on-year increase in housing prices across India’s top eight cities, including Delhi NCR, Bengaluru, and Pune. Luxury and ultra-luxury segments are driving the surge.

February 25, 2025
Read Article
Mumbai’s Laxmi Nivas Bungalow: A Historic Landmark Sold for Rs 276 Crore
Real Estate Mumbai

Mumbai’s Laxmi Nivas Bungalow: A Historic Landmark Sold for Rs 276 Crore

The Laxmi Nivas bungalow, a historic property in South Mumbai, has been sold for a staggering Rs 276 crore, making it one of the most expensive real estate transactions in the city's history.

March 22, 2025
Read Article
Navigating Property Purchases from NRIs: Understanding TDS and Avoiding Tax Traps
Real Estate

Navigating Property Purchases from NRIs: Understanding TDS and Avoiding Tax Traps

The actual TDS rate for property purchases from NRIs varies based on the holding period. Learn how to avoid common tax pitfalls when buying property from a non-resident Indian.

March 27, 2025
Read Article
Luxury Housing Market in India Surges by 28% in Q4 FY25: CBRE Report
Real Estate Mumbai

Luxury Housing Market in India Surges by 28% in Q4 FY25: CBRE Report

The luxury housing market in India witnessed a significant 28% increase in sales during the fourth quarter of fiscal year 2025, according to a recent report by CBRE. Mumbai, accounting for 23% of overall sales, led the charge in this upturn. The report highlights a steady growth trajectory for the residential real estate sector in India, driven by robust economic conditions and increased consumer confidence.

April 16, 2025
Read Article