Jeetendra Kapoor Sells Mumbai Land Parcel for ₹855 Crore to NTT Global Data Centers

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

Jeetendra KapoorNtt Global Data CentersMumbai Real EstateAndheriProperty SaleReal Estate NewsJun 05, 2025

Jeetendra Kapoor Sells Mumbai Land Parcel for ₹855 Crore to NTT Global Data Centers
Real Estate News:Veteran Bollywood actor Jeetendra Kapoor and his family have sold a land parcel in Mumbai's Andheri for ₹855 crore to NTT Global Data Centers. The property, spanning 9,664.68 sq m (about 2.39 acres), was sold through two family-owned firms, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited, according to property registration documents reviewed by Square Yards.

The deal was registered on May 29, 2025, and involved the sale of two adjoining land parcels. The site currently houses Balaji IT Park and includes three buildings with a total built-up area of approximately 4.9 lakh sq ft, as shown in the documents.

NTT Global Data Centers and Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services, has bought the land parcel. The company offers a range of technology services such as cloud solutions, hosting, data management, cybersecurity, and application development. The transaction attracted a stamp duty of ₹8.69 crore and registration fees of ₹30,000, as indicated in the documents.

The sellers, Pantheon Buildcon and Tusshar Infra Developers, are companies owned by Jeetendra Kapoor and his family. The actor could not be reached for a comment. Queries have been sent to NTT Global Data Centers, and the article will be updated if a response is received.

Located between key business and entertainment zones, Andheri has developed into a major commercial and residential hub over the years. The area's strategic location and growing infrastructure have made it an attractive destination for both residential and commercial investments.

In May, Bollywood actor Jaideep Ahlawat and his wife Jyoti Hooda purchased an apartment in Mumbai's Andheri West for ₹10 crore. The property, situated in Poorna Apartments, features a carpet area of 1,950 sq ft and a built-up area of 2,341 sq ft, according to official documents.

In April, Bollywood playback singer Alka Yagnik and her daughter Syesha Kapoor purchased a luxury apartment in Mumbai for ₹11.5 crore. The 2,297 sq ft unit is located in Oberoi Sky Heights, Andheri West, and was registered on April 15. The deal values the apartment at ₹50,071 per sq ft.

Bollywood composer and singer Anu Malik and his wife Anju Malik had earlier sold two apartments for ₹14.49 crore in Mumbai's Santacruz West area. Last year, Amitabh Bachchan purchased three commercial properties spanning a carpet area of 8,429 square feet for nearly ₹60 crore in Mumbai’s Andheri West, as shown in property registration documents accessed by FloorTap.com.

Frequently Asked Questions

Who are the sellers of the land parcel in Mumbai?

The sellers of the land parcel are Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited, companies owned by veteran Bollywood actor Jeetendra Kapoor and his family.

What is the size of the land parcel sold?

The land parcel sold is 9,664.68 sq m (about 2.39 acres) and is located in Andheri, Mumbai.

How much did NTT Global Data Centers pay for the land parcel?

NTT Global Data Centers paid ₹855 crore for the land parcel in Mumbai.

What is NTT Global Data Centers known for?

NTT Global Data Centers and Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services, offers a range of technology services including cloud solutions, hosting, data management, cybersecurity, and application development.

What other significant real estate transactions have been made by Bollywood personalities in Mumbai?

Other significant real estate transactions in Mumbai include Jaideep Ahlawat and Jyoti Hooda purchasing an apartment for ₹10 crore, Alka Yagnik and Syesha Kapoor buying a luxury apartment for ₹11.5 crore, and Anu Malik and Anju Malik selling two apartments for ₹14.49 crore.

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