Jeetendra’s ₹855 Cr Sale Stuns Mumbai Real Estate Market

The Jeetendra Kapoor Andheri Plot Sale has made waves in Mumbai’s booming real estate market, as the veteran actor and his family finalized a staggering ₹855 crore deal with NTT Global Data Centers. This major transaction involves a valuable 5.7-acre land parcel in Mumbai’s Andheri East, marking one of the most high-profile property sales in recent times.

This move not only strengthens Mumbai’s growing image as a hub for global data infrastructure but also reflects a significant diversification trend among Indian film industry families seeking to monetize ancestral land assets in premium locations.

Inside the Deal: ₹855 Crore for Strategic Land

NTT Global Data Centers, the Indian arm of Japan’s telecom and IT giant Nippon Telegraph and Telephone (NTT), acquired the plot from the Kapoor family through Seven Heaven Realty, a development firm that acted as the seller.

The Jeetendra Kapoor Andheri Plot Sale was executed for commercial and infrastructure development purposes, with plans to develop a state-of-the-art data center facility on the prime land parcel. The sale consideration of ₹855 crore makes it one of the highest-value land sales in the Andheri Micro Market in recent years.

According to property documents filed with the registration office, the 5.7-acre property sits strategically near MIDC in Andheri East—one of Mumbai’s busiest and most infrastructure-rich locations. The land currently has old industrial structures, which are expected to be redeveloped into a high-tech data center hub.

Kapoor Family’s Growing Real Estate Moves

The Jeetendra Kapoor Andheri Plot Sale is part of a broader trend among Bollywood families leveraging long-held land assets to capitalize on Mumbai’s commercial property surge. The Kapoor family, led by actor Jeetendra Kapoor, has seen multiple generations thrive in the entertainment industry. However, in recent years, they’ve begun exploring strategic real estate monetization, following patterns seen among other Bollywood dynasties.

This sale highlights how families with legacy landholdings in Mumbai’s prime zones are aligning with international corporate players like NTT, which are looking for sizable land parcels with high connectivity for infrastructure development.

NTT Global’s Big Bet on Mumbai’s Data Infrastructure

NTT’s investment aligns with India’s rapidly expanding data center market, which is expected to grow multi-fold over the next five years. Mumbai, being the country’s financial capital, remains a preferred location due to its internet connectivity, power supply, and demand for enterprise cloud services.

The Jeetendra Kapoor Andheri Plot Sale gives NTT a strategic location to scale its footprint in India. The new data center that will likely emerge from this land acquisition will cater to the rising demand from financial institutions, OTT platforms, e-commerce companies, and tech giants.

India’s data center market is projected to grow from 870 MW in 2023 to 1,700+ MW by 2028. NTT is already among the top players in the space and is steadily increasing its capacity through acquisitions like this one.

Legal & Financial Aspects of the Sale

As per registration details, Seven Heaven Realty, which acted on behalf of the Kapoor family, paid ₹51.3 crore in stamp duty for the transaction. This alone marks it as one of the largest stamp duty payouts for a private land deal in Mumbai’s suburban region in 2025.

The Jeetendra Kapoor Andheri Plot Sale has reportedly been in negotiation stages for the past several months, with NTT conducting extensive due diligence before closing the deal.

The sale was made through a 100% stake transfer in the company that owned the land, a strategy often used in high-value real estate transactions to streamline taxes and approvals.

Impact on Mumbai’s Luxury Land Market

The transaction is expected to set a benchmark for future land deals in Andheri East and similar micro-markets. The Jeetendra Kapoor Andheri Plot Sale may encourage other landowners in the area to reevaluate their holdings as global players scout for prime assets.

Moreover, the successful sale confirms Mumbai’s attractiveness to international investors in non-residential segments, particularly data centers, warehousing, and IT parks.

Family Legacy Meets Smart Investment Strategy

While Jeetendra Kapoor has mostly stayed away from the limelight in recent years, his business acumen and family planning continue to reflect smart and forward-looking decisions. His son, actor Tusshar Kapoor, and daughter, television producer Ekta Kapoor, are both active in entertainment but have supported the family’s growing focus on real estate.

The Jeetendra Kapoor Andheri Plot Sale isn’t just a transaction—it is a symbolic passing of the torch from one legacy to the next, with a strategic vision of adapting to the evolving economic landscape of Mumbai.

Conclusion: A Historic Plot Sale with Future Impact

The Jeetendra Kapoor Andheri Plot Sale to NTT Global Data Centers is more than a record-breaking transaction—it represents the intersection of legacy, land, and digital infrastructure. At ₹855 crore, the deal positions the Kapoor family as savvy investors and signals Mumbai’s rising status in global data infrastructure networks.

NTT’s vision for the property will unfold over the coming years, potentially transforming the Andheri skyline with futuristic tech infrastructure. For now, the spotlight is firmly on Jeetendra Kapoor and his family—for turning a family-owned plot into one of 2025’s most talked-about real estate success stories.

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