Jeetendra Kapoor Family Sells Prime Mumbai Land for Rs 855 Crore
Veteran actor Jeetendra Kapoor and his family-owned firms have sold a strategic land parcel in Andheri, Mumbai, for Rs 855 crore. The transaction, registered in May 2025, spans 9,664.68 sq. m. and includes the Balaji IT Park.
Jeetendra KapoorMumbai PropertyAndheriBalaji It ParkNtt Global Data CentresReal Estate MumbaiJun 05, 2025
Strategically positioned between Mumbai’s prominent business districts and entertainment zones, Andheri boasts key connectivity through the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro line. Over the years, Andheri has evolved into a dynamic commercial and residential destination, featuring a lively blend of modern office complexes, co-working spaces, upscale retail outlets, entertainment centres, and premium residential developments.
According to 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 ₹8.69 crore and registration charges amounting to ₹30,000.
The land parcel, along with the built-up area, was bought by NTT Global Data Centres & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited. The company specialises 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.
The sellers—Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited—are firms owned by veteran Bollywood actor Jeetendra Kapoor and his family members. Kapoor is a prominent figure in Hindi cinema, having acted in over 200 films across a career spanning more than six decades. His daughter, Ekta Kapoor, is a well-known producer and director in Hindi television and film, currently serving as Joint Managing Director and Creative Head of Balaji Telefilms Limited. His son, Tusshar Kapoor, is also active in the entertainment industry as an actor and producer.
Frequently Asked Questions
What is the total area of the land parcel sold by Jeetendra Kapoor and his family?
The total area of the land parcel sold is 9,664.68 sq. m. (~0.96 hectares or ~2.39 acres).
Who are the sellers of the land parcel in Andheri?
The sellers are Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited, firms owned by veteran Bollywood actor Jeetendra Kapoor and his family members.
What is the current use of the land parcel sold in Andheri?
The land parcel 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.).
Who is the buyer of the land parcel in Andheri?
The buyer is NTT Global Data Centres & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited.
What services does NTT Global Data Centres & Cloud Infrastructure India Private Limited offer?
NTT Global Data Centres & Cloud Infrastructure India Private Limited offers a range of services including public and private cloud solutions, hosting, data management, application development, threat monitoring, content delivery networks, and testing services.
Related News Articles
Suraksha Group Takes Control of Jaypee Infratech, Appoints New CFO and Delists from Stock Exchanges
Mumbai-based Suraksha Group has taken control of Jaypee Infratech Ltd (JIL) and appointed Devang Pravin Patel as its new Chief Financial Officer (CFO). The company will also delist its shares from stock exchanges.
India Surpasses China as Asia's Real Estate Hub: Report
India's real estate market is on the rise, with companies worth $36 billion in 2024, pushing China to the second spot in terms of growth rate.
Heavy Rainfall Disrupts Flight Operations in Mumbai, 36 Flights Cancelled
Torrential rains in Mumbai cause flight cancellations, disruptions at Chhatrapati Shivaji Maharaj International Airport
Indian Residential Market Sees Robust Growth in Q3 2024
The Indian residential market witnessed a robust quarter in Q3 2024, with sales growing by 5% YoY to 87,108 units. Mumbai led the way with sales of 24,222 units, the highest quarterly sales volume since 2018.
India's Real Estate Sector Set to Surpass USD 10 Billion in Equity Investments in 2024
In 2024, institutional and collective vehicle investors continued to play a significant role in fuelling the Indian real estate market, contributing nearly 40% of the total investments from January to September.
GOAN-ization: A Path to a Thriving Economy
Goa, known for its serene beaches and vibrant culture, is on the brink of a significant economic transformation. The state's real estate market, in particular, is booming, and if we focus on certain key areas, there's immense potential for a better econom