Jeetendra Sells Property Worth Rs 855 Crore to NTT Global Data Centers
Bollywood actor Jeetendra and his family have sold land parcels and buildings in Andheri, Mumbai, to NTT Global Data Centers & Cloud Infrastructure India for Rs 855 crore. The transaction includes two adjoining parcels spanning a total area of 9,664.68 square metres.
JeetendraNtt Global Data CentersMumbaiReal EstateBalaji It ParkReal Estate MumbaiJun 06, 2025
The site currently houses Balaji IT Park and includes three constructed buildings with a cumulative built-up area of 45,572.14 square metres, according to property registration documents accessed through Square Yards. The deal incurred a stamp duty of Rs 8.69 crore and registration charges of Rs 30,000, documents showed. According to estimates, NTT paid Rs 358 crore per acre for the land.
The rate paid by the company is higher than the market price of about Rs 150 crore per acre in Andheri and commercial prices of Rs 40,000 per sq ft, said some real estate consultants. The deal was done through Pantheon Buildcon and Tusshar Infra Developers, firms owned by the actor and his family members.
NTT Global Data Centers & Cloud Infrastructure India was formerly known as Netmagic IT Services. The company specializes in a range of services including public and private cloud solutions, hosting, data management, application development, threat monitoring, content delivery networks, and testing services and serves customers globally.
Jeetendra 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 MD and creative head of Balaji Telefilms. His son, Tusshar Kapoor, is also active in the entertainment industry as an actor and producer.
Frequently Asked Questions
How much did NTT Global Data Centers pay for the land?
NTT Global Data Centers paid Rs 855 crore for the land parcels and buildings in Andheri, Mumbai.
What is the area of the land sold by Jeetendra?
The land sold by Jeetendra and his family spans a total area of 9,664.68 square metres.
What is the current use of the land?
The site currently houses Balaji IT Park and includes three constructed buildings with a cumulative built-up area of 45,572.14 square metres.
Who are the companies involved in the transaction?
The deal was done through Pantheon Buildcon and Tusshar Infra Developers, firms owned by Jeetendra and his family members.
What services does NTT Global Data Centers & Cloud Infrastructure India offer?
NTT Global Data Centers & Cloud Infrastructure India 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
Revolutionizing Real Estate: Bharatpropertty.com's Innovative Approach
Discover how Bharatpropertty.com is transforming the real estate sector with its unique features and expertise.
Unveiling the Opulence of Dubai's Luxury Real Estate with Mira Real Estate
Experience the epitome of luxury living in Dubai with Mira Real Estate, a leading property broker offering expert guidance to high-net-worth individuals.
Mumbai Leads the Way in Residential Sales with 24,222 Units Sold in Q3 2024
The Mumbai real estate market experienced significant growth in 2024, with a 12% year-on-year increase in property registrations. The city saw the highest sales compared to eight other Indian cities, with a total of 24,222 units sold—a 9% year-on-year gro
Naredco's 3-Day Property Expo Kicks Off in Mumbai with Rs 10,000 Crore Worth of Inventory
The housing market is experiencing a vibrant surge, fueled by greater job stability, increased disposable incomes, and rising aspirations. Naredco's property expo offers an exceptional opportunity for developers to showcase their premium projects and conn
House of Hiranandani Unveils Rs 12,500 Crore Expansion Plan in MMR
Mumbai's real estate market is evolving, and the House of Hiranandani has announced a massive Rs 12,500 crore expansion plan in the MMR region. This strategic move aims to capitalize on the growing demand for residential properties and real estate investm
Housing Sales and Supply See Decline in Top Nine Cities in Q4 2024: PropEquity Report
In a concerning trend for the real estate sector, the housing supply in the top nine cities is expected to drop by 33 per cent, according to a recent report by PropEquity. This decline is likely to have significant implications for the market.