Jeetendra Kapoor's Firms Sell Prime Land in Mumbai's Andheri for Rs 855 Crore
Veteran actor Jeetendra Kapoor and his family-owned firms, Pantheon Buildcon and Tusshar Infra Developers, have sold a prime land parcel in Andheri, Mumbai, for a whopping Rs 855 crore. The deal, registered in May 2025, was confirmed through property documents.
Jeetendra KapoorMumbaiAndheriReal EstateNtt Global Data CentersReal Estate MumbaiJun 05, 2025
The deal involved two adjoining land parcels spanning 9,664.68 sq. mtrs. (~2.39 acres), currently housing Balaji IT Park. This includes three constructed buildings with a cumulative built-up area of 45,572.14 sq. mtrs. (~4.90 lakh sq. ft.). The sale attracted a stamp duty of Rs 8.69 crore and registration charges of Rs 30,000.
The buyer, NTT Global Data Centers & Cloud Infrastructure India (formerly Netmagic IT Services), provides a range of services including cloud, hosting, data management, application development, cybersecurity, and testing services worldwide. The property's strategic location in Andheri, a vibrant business and residential hub, offers proximity to the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro.
This transaction highlights the continued interest in prime real estate in Mumbai, particularly in areas like Andheri, which are well-connected and serve as key business districts. The sale is expected to boost the local economy and attract further investment in the region.
Frequently Asked Questions
Who are the sellers of the land in Andheri, Mumbai?
The sellers of the land in Andheri, Mumbai, are veteran actor Jeetendra Kapoor and his family-owned firms, Pantheon Buildcon and Tusshar Infra Developers.
What is the total area of the land sold?
The total area of the land sold is 9,664.68 sq. mtrs. (~2.39 acres).
What is the cumulative built-up area of the buildings on the land?
The cumulative built-up area of the buildings on the land is 45,572.14 sq. mtrs. (~4.90 lakh sq. ft.).
What is the buyer of the land and what services do they provide?
The buyer of the land is NTT Global Data Centers & Cloud Infrastructure India (formerly Netmagic IT Services). They provide cloud, hosting, data management, application development, cybersecurity, and testing services worldwide.
What are the key features of the location of the land in Andheri?
The land is strategically located in Andheri, a vibrant business and residential hub, with proximity to the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro.
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