Firms Owned by Actor Jeetendra, Family Sell Mumbai Land Parcel for ₹855 Crore: Square Yards

Mumbai, June 5, 2025: Jeetendra Kapoor and family-owned firms Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited have sold a land parcel in Andheri, Mumbai, for INR 855 crore, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in May.

Strategically positioned between Mumbai’s prominent business districts and entertainment zones, Andheri boasts excellent connectivity through the Western Express Highway, Link Road, SV Road and the Versova-Andheri-Ghatkopar Metro line.

Over the years, Andheri has evolved into a dynamic commercial and residential destination, featuring a lively blend of modern office complexes, co-working spaces, upscale retail outlets, entertainment centres and premium residential development.

According to property registration documents from the IGR, reviewed by Square Yards, the transaction comprised two contiguous land parcels spanning a total area of 9,664.68 sq m. The site houses Balaji IT Park and includes three constructed buildings with a cumulative built-up area of 45,572.14 sq m. The deal incurred a stamp duty of INR 8.69 crore and registration charges amounting to INR 30,000.

The land parcel, along with the built-up area, was bought by NTT Global Data Centers & Cloud Infrastructure India Private Limited, formerly known as Netmagic IT Services Private Limited. The company specialises 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.

The sellers—Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited—are firms owned by actor Jeetendra Kapoor and his family members. Kapoor is a prominent figure in 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 Limited. His son, Tusshar Kapoor, is also active in the entertainment industry as an actor and producer.