Jeetendra's Family Sells Rs 855 Crore Mumbai Land to NTT Global for Data Center Expansion
Veteran Bollywood actor Jeetendra and his family have sold their Andheri-based Balaji IT Park property in Mumbai for ₹855 crore to NTT Global, marking a significant move in the city's digital infrastructure development.
Real EstateData CenterMumbaiJeetendraNtt GlobalReal Estate MumbaiJun 05, 2025
According to documents reviewed by Square Yards, the high-value transaction was finalized on May 29, 2025. The land was sold via two Kapoor family-run entities—Pantheon Buildcon Pvt. Ltd. and Tusshar Infra Developers Pvt. Ltd. The deal includes two adjacent plots, totaling approximately 9,664.68 square meters (or around 2.39 acres). Currently, the site houses the Balaji IT Park, which comprises three commercial buildings with a cumulative built-up area of nearly 4.9 lakh square feet.
The transaction also included a hefty stamp duty payment of ₹8.69 crore and registration charges of ₹30,000. While Jeetendra himself has not commented on the landmark deal, industry insiders see it as a significant move that aligns with Mumbai’s growing digital infrastructure push.
At 83, Jeetendra has largely retreated from the public eye, but his children remain active across media and entertainment. Ektaa Kapoor, the reigning queen of Indian television, is currently busy reviving her iconic series Kyunki Saas Bhi Kabhi Bahu Thi. The reboot, already in the works, is rumored to bring back original stars Smriti Irani and Amar Upadhyay as Tulsi and Mihir Virani in a special limited-episode format. Despite her political commitments, Irani is said to have carved out time for the nostalgic return.
Meanwhile, Tusshar Kapoor recently appeared in the horror-comedy Kapkapiii, continuing his steady presence in Indian cinema. This mega land deal not only marks a major financial milestone for the Kapoor family but also reflects the growing demand for strategic real estate in India’s tech and data boom.
Frequently Asked Questions
What is the value of the land sold by Jeetendra's family?
The land parcel was sold for ₹855 crore.
Who is the buyer of the Balaji IT Park property?
The buyer is NTT Global Data Centers and Cloud Infrastructure India Pvt. Ltd., formerly known as Netmagic IT Services.
What is the size of the land parcel sold?
The land parcel totals approximately 9,664.68 square meters (or around 2.39 acres).
What is the current use of the Balaji IT Park?
The site currently houses the Balaji IT Park, which comprises three commercial buildings with a cumulative built-up area of nearly 4.9 lakh square feet.
What is the significance of this deal for Mumbai's digital infrastructure?
This deal aligns with Mumbai’s growing digital infrastructure push and reflects the increasing demand for strategic real estate in the tech and data sector.
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