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Jeetendra Kapoor Family Sells Andheri IT Park Land to NTT Global Data Centers for ₹855 Crore

The sale of two adjoining plots housing Balaji IT Park provides NTT a strategic Andheri location for expanding its data center network in India, driven by surging cloud demand coupled with rapid AI growth.

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Veteran Bollywood actor Jeetendra Kapoor and his family have sold a land parcel in Mumbai's Andheri for ₹855 crore to NTT Global Data Centers. The property was sold through two family-owned firms, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited (Representational photo) .(Jeetendra on The Kapil Sharma Show).

Overview

  • The land spans two adjoining plots totaling 9,664.68 square meters, currently hosting Balaji IT Park’s three commercial buildings with nearly 4.9 lakh square feet of built-up space.
  • NTT registered the ₹855 crore acquisition on May 29, 2025, incurring ₹8.69 crore in stamp duty and ₹30,000 in registration fees.
  • The Kapoor family sold the property through their firms Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.
  • NTT Global Data Centers, a subsidiary of Japanese IT infrastructure giant NTT Data, paid about ₹358 crore per acre—more than double the local market rate—to secure the Andheri site.
  • The deal forms part of NTT Data’s global expansion strategy, which includes a $10 billion investment to build a gigawatt of data center capacity by 2027 through land acquisitions in major tech hubs from Tokyo to Milan to London to Frankfurt.