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
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
India's Luxury Housing Market Sees Unprecedented Growth in 2024
India's luxury housing market has witnessed a significant surge in demand
Central Budget Boosts Real Estate Sector's Vision for Affordable Urban Housing
The Central Budget has been hailed by the West Bengal real estate sector for its vision in making urban housing more affordable, reducing stamp duty for women investors, and abolishing angel tax for investors.
Tamil Nadu RERA Orders Builder to Refund Homebuyer's Money Without Deductions
Tamil Nadu Real Estate Regulatory Authority directs builder to refund full amount paid by homebuyer without cancellation charges
Birla Estates Expands its Footprint in Mumbai with a Massive Land Acquisition
Birla Estates, a renowned real estate company, has acquired a 24.5-acre land parcel in Mumbai Metropolitan Region (MMR) for a whopping Rs 537.42 crore.
Macrotech Acquires 7 Land Parcels for Rs 166 Billion Housing Projects
Real Estate; Macrotech acquires 7 land parcels for Rs 166 billion in key cities like Pune and Bengaluru to develop housing projects with an estimated value.
Union Budget 2025-26: A Boon for Real Estate and Infrastructure
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, has introduced several measures to bolster the real estate, housing, and infrastructure sectors. Jitendra Mehta, President of CREDAI-MCHI Thane, lauded the budget for its growth-o