Jeetendra Sells Prime Mumbai Real Estate for Rs 855 Crore
Veteran Bollywood actor Jeetendra and his family have sold a 2.39-acre property in Mumbai’s Andheri area for Rs 855 crore, marking a significant real estate transaction in the city.
Real EstateMumbaiJeetendraBollywoodInvestmentsReal Estate NewsJun 06, 2025
The buyer of the property is NTT Global Data Centres and Cloud Infrastructure India Private Limited. The transaction had a stamp duty of Rs 8.69 crore and a registration fee of Rs 30,000. This sale highlights the ongoing interest in real estate investments in Mumbai, particularly in areas like Andheri, which are known for their strategic location and potential for development.
Jeetendra's decision to sell the property comes at a time when many veteran Bollywood actors are making significant real estate moves. For instance, Amitabh Bachchan, another iconic figure in the industry, has been actively involved in real estate investments in Mumbai. Earlier this year, Bachchan sold a duplex apartment in Oshiwara for Rs 83 crore, making a profit of 168 percent. He had purchased the property in April 2021 for Rs 31 crore.
Amitabh Bachchan has a long history of real estate investments in Mumbai. In addition to the Oshiwara property, he and his son Abhishek Bachchan purchased 10 apartments in Mumbai’s Mulund area in 2024 for Rs 25 crore. His family office also invested Rs 10 crore in Anand Pandit’s Sri Lotus Developers and Realty. Furthermore, Bachchan recently acquired his fourth property in Ayodhya for Rs 40 crore.
The scale of Bachchan's real estate holdings is substantial. In their election affidavit, Rajya Sabha member Jaya Bachchan declared that the combined assets of Amitabh and Jaya are worth Rs 1,578 crore. Their movable property is valued at Rs 849.11 crore, while their immovable property amounts to Rs 729.77 crore, as of February 2024.
Other Bollywood stars have also made notable real estate transactions. A few months ago, Akshay Kumar sold an office space in Mumbai’s Lower Parel area for Rs 8 crore. He had bought the property for Rs 4.85 crore in 2020, making a profit of 65 percent. This trend of actors investing in and divesting from real estate reflects the broader economic dynamics and investment opportunities in the Mumbai real estate market.
The real estate market in Mumbai continues to attract significant attention from investors, including those from the entertainment industry. The city's strategic location, economic importance, and cultural significance make it a prime location for such investments. As the market evolves, it is likely to see more such high-profile transactions, reflecting the ongoing interest and confidence in Mumbai's real estate sector.
Frequently Asked Questions
What property did Jeetendra sell in Mumbai?
Jeetendra sold a 2.39-acre property in Mumbai’s Andheri area, which includes three buildings with a built-up area of around 4.9 lakh square feet.
Who bought the property from Jeetendra?
The property was bought by NTT Global Data Centres and Cloud Infrastructure India Private Limited.
What was the total transaction value of the property?
The property was sold for Rs 855 crore, with a stamp duty of Rs 8.69 crore and a registration fee of Rs 30,000.
What other real estate investments has Amitabh Bachchan made in Mumbai?
Amitabh Bachchan has made several real estate investments in Mumbai, including the purchase of 10 apartments in the Mulund area and a significant investment in Anand Pandit’s Sri Lotus Developers and Realty.
What is the total value of Amitabh and Jaya Bachchan's combined assets?
Amitabh and Jaya Bachchan's combined assets are worth Rs 1,578 crore, with movable property valued at Rs 849.11 crore and immovable property at Rs 729.77 crore.
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