Bollywood's Jeetendra Kapoor and Family Sell Andheri Property to NTT Global Data Centers for Rs 855 Crore

Bollywood veteran Jeetendra Kapoor and his family have successfully concluded the sale of a prime land parcel in Mumbai's Andheri suburb for Rs 855 crore. The transaction, registered in May 2025, was executed through two family-owned companies, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited. These entities are managed by Jeetendra and his son, Tusshar Kapoor, who are directors of both firms.

The buyer, NTT Global Data Centers and Cloud Infrastructure India Private Limited-a subsidiary of the Japanese IT conglomerate NTT Data-acquired nearly 2.4 acres of land along with an existing IT park. This acquisition is part of NTT's strategic expansion to bolster its data center and cloud infrastructure capabilities in India.

This deal underscores the growing demand for strategic land assets in Mumbai, particularly for the development of data centers and cloud infrastructure, reflecting the city's increasing role as a hub for digital and IT services.

Japanese IT Giant's Surprising Investment: Why This Land Acquisition Matters

The transaction involves the sale of two adjacent land plots totaling 9,664.68 square meters (approximately 2.39 acres) in Mumbai's Andheri suburb, a prime location known for its commercial and residential appeal. The site currently accommodates Balaji IT Park, which comprises three buildings with a combined built-up area of 45,572.14 square meters (about 4.90 lakh square feet), as reported by Square Yards.

The deal was registered in May 2025, incurring a stamp duty of Rs 8.69 crore and registration charges of Rs 30,000, according to official documents.

Andheri's strategic position between major business hubs and entertainment zones has transformed it into a vibrant neighborhood. The area boasts excellent connectivity via the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro line. It is renowned for its blend of modern office spaces, co-working hubs, luxury retail outlets, entertainment facilities, and upscale residential developments.

The entities involved in the sale are linked to the Kapoor family, a well-known name in the Indian entertainment industry. Jeetendra Kapoor, a veteran of Hindi cinema, has acted in over 200 films across a career spanning more than sixty years. His daughter, Ekta Kapoor, is a prominent television and film producer and currently holds the position of Joint Managing Director and Creative Head at Balaji Telefilms Limited. His son, Tusshar Kapoor, is also engaged in the industry as both an actor and producer.