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.