Latest news with #JeetendraKapoor
India.com
2 days ago
- Business
- India.com
Bollywood superstar Jeetendra sells his Andheri plot for Rs 855 crore due to .., the new owner is…
Bollywood superstar Jeetendra sells his Andheri plot for Rs 855 crore due to .., the new owner is… Veteran Bollywood actor Jeetendra hs recently sold his Andheri property at staggering amount of Rs 855 crore, which has gained him huge profit. By Ayush Srivastava Advertisement Veteran Bollywood actor Jeetendra Kapoor, along with his family, has sold a significant property situated in the Andheri area of Mumbai to the Japanese technology corporation NTT Global Data Centers and Cloud Infrastructure for Rs 855 crore. Huge Deal That Has Turned Tables For Jeetendra and His Family As per document provided by SquareYards, the transaction includes two parcels of land that collectively measure 9,664.68 square meters, equivalent to approximately 2.4 acres. Currently, the land is home to Balaji IT Park, which features three fully constructed buildings. The registration of the deal occurred in May 2025 and was conducted via two family-owned companies, Pantheon Buildcon and Tusshar Infra Developers. The estimated market value of the land stands at around Rs 729.26 crore. The deal also involved a stamp duty of about Rs 8.69 crore and a registration charge of Rs 30,000. Advertisement === About The Data Company NTT DATA ranks among the top 10 global IT service providers and is based in Tokyo, Japan. The company has a presence in over 50 countries, including major cities like Bengaluru, Chennai, and Hyderabad in India. NTT DATA provides a variety of services including consulting, application development, cloud solutions, and infrastructure management. With a workforce of over 190,000 professionals, NTT DATA has earned recognition as a 'Global Top Employer' for the years 2024 and 2025, emphasizing its commitment to digital transformation, AI, and client-focused solutions. What Was The Purpose Behind This Deal? The agreement comes at a moment when the need for data centers in India is increasing significantly, particularly with the rise of Artificial Intelligence (AI). NTT, one of the leading data center firms in India, is quickly broadening its presence in the region. International corporations such as Google Cloud, Microsoft, and AWS are also expanding their cloud services in India. Advertisement === The Andheri area of Mumbai is recognized as a key commercial and residential center, housing numerous large offices, IT parks, and real estate developments. Apart from being a Bollywood superstar, Jeetendra Kapoor, is also the promoter and non-executive chairman of Balaji Telefilms. This production company has created many well-known TV programs and movies under the guidance of his daughter, Ekta Kapoor. His son, Tusshar Kapoor, is also an actor and producer. According to media sources, his net worth is estimated to be Rs 10.84 crore. Those reports also indicate that the actor makes Rs 26 lakh monthly, resulting in an annual income of approximately Rs 3 crore. In addition, As the chairman of Balaji Telefilms and Balaji Motion Pictures, these production companies are said to generate Rs 422 crore.
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Business Standard
7 days ago
- Business
- Business Standard
Jeetendra Kapoor, family-owned firms sell Mumbai land parcel for ₹855 cr
Jeetendra Kapoor and family-owned firms Pantheon Buildcon and Tusshar Infra Developers have sold a land parcel in Mumbai's Andheri for ₹855 crore, according to property registration documents provided by Square Yards, a real estate data analytics firm. The land parcel, along with the built-up area, has been bought by NTT Global Data Centres & Cloud Infrastructure India, formerly known as Netmagic IT Services. The company operates seven data centres across Mumbai and Navi Mumbai. According to property registration documents from the Inspector General of Registration (IGR), the transaction comprised two contiguous land parcels spanning a total area of 9,664.68 square metres (sq m), which is equivalent to about 0.96 hectares or 2.39 acres. The site currently houses Balaji IT Park and includes three constructed buildings with a cumulative built-up area of 45,572.14 sq m (~4,90,534 sq ft). The deal incurred a stamp duty of ₹8.69 crore and registration charges amounting to ₹30,000. This is the most expensive land deal of 2025 so far in Mumbai. The second-most expensive deal featured Rishabraj Estate Developers, where the firm bought 15,551 sq m of land for Rs 539.25 crore in Borivali, in March 2025. In February 2025, Vageshvari Properties bought 1,857.02 sq m of land and 1,848 sq m of built-up area along with it for Rs 276 crore in Malabar, the third-most expensive deal. The sellers—Pantheon Buildcon and Tusshar Infra Developers—are firms owned by actor Jeetendra Kapoor and his family members. The transaction was registered in May 2025. Andheri is one of the sought-after residential and commercial real estate micro markets in Mumbai. Meanwhile, Mumbai ranks sixth globally in under-construction data centre capacity, surpassing global hubs such as London and Dublin, according to a report by Cushman & Wakefield, a global commercial real estate services provider. The report further states that Mumbai ranks as the seventh most established data centre market in the APAC region. At the end of 2024, the city had 335 megawatts (MW) of data centre capacity under construction, which, once completed, will expand its operational capacity by 62 per cent. Mumbai also accounts for 42 per cent of India's projected under-construction capacity. Digital infrastructure upgrades in the city further support the growth of data centres.
India.com
7 days ago
- Business
- India.com
This Bollywood star sells Mumbai land for Rs 855 crore, his name is..., the new owner is...
In the world of glitz and glamour of Bollywood, where trends come and go, some stars remain constant despite not being in the industry, and one among them is actor Jeetendra. The actor's career spanned roughly over 30 years, and during this time, he made a name for himself. Not only that, he also earned a whopping amount of money, which he invested in various properties. In a recent report, Jeetendra Kapoor and family have sold a land parcel in Mumbai's Andheri to NTT Global Data Centers and Cloud Infrastructure. The news was shared by the real estate consultant Square Yards. In an official statement, they said that they reviewed the property registration documents. 'The transaction comprised two contiguous land parcels spanning a total area of 9,664.68 square metres (0.96 hectares or 2.39 acres),' it said. Further media reports stated that the transaction for the property was registered in May 2025, and it was done through two family-owned firms – Pantheon Buildcon and Tusshar Infra Developers. The land parcel, currently home to Balaji IT Park with three constructed buildings, is valued at Rs 729.26 crore, according to official documents. A stamp duty of about Rs 8.69 crore and Rs 30,000 were paid as registration charges on the transaction, according to official documentation. This comes at a time when global technology giants such as Microsoft, Google Cloud, NTT, and AWS are aiming to expand their data centre network in India. For the unversed, Andheri is a place which is considered a critical commercial and residential hub in Mumbai.
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Business Standard
05-06-2025
- Business
- Business Standard
Rs 855 cr deal: Jeetendra Kapoor, family sell Balaji IT Park in Andheri
Veteran Bollywood actor Jeetendra Kapoor and his family-owned firms have sold a land parcel in Andheri, Mumbai, for Rs 855 crore, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR). The transaction was registered in May 2025. The sellers—Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited—are firms owned by Jeetendra Kapoor and his family land parcel, along with the built-up area, was bought by NTT Global Data Centers & Cloud Infrastructure India, formerly known as Netmagic IT Services Private Limited. The company specializes 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. According to property registration documents from the IGR, reviewed by Square Yards, the transaction comprised two contiguous land parcels spanning a total area of 0.96 hectares or 2.39 acres). The site currently houses Balaji IT Park, and includes three constructed buildings with a cumulative built-up area of 4,90,534 sq. ft. The deal incurred a stamp duty of Rs. 8.69 crore and registration charges amounting to Rs 30,000. 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 developments. Kapoor is a prominent figure in Hindi 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 Managing Director and Creative Head of Balaji Telefilms Limited. His son, Tusshar Kapoor, is also active in the entertainment industry as an actor and producer.
Time of India
05-06-2025
- Business
- Time of India
NTT buys Mumbai land, IT park from Bollywood actor Jeetendra's firms for Rs 855 cr
Japanese multinational information technology infrastructure and services major NTT Data 's subsidiary NTT Global Data Centers & Cloud Infrastructure India has acquired two land parcels spread over nearly 2.4 acres along with an IT park in Mumbai's western suburb Andheri for Rs 855 crore. The Tokyo-headquartered company's India arm has bought the land and the IT park from Bollywood actor Jeetendra Kapoor and his family-owned firms Pantheon Buildcon and Tusshar Infra Developers. The site comprising two contiguous land parcels currently houses Balaji IT Park, and includes three constructed buildings with a cumulative built-up area of over 4.90 lakh sq ft. The transaction registered on May 29 has attracted stamp duty charges of Rs 8.69 crore, showed documents reviewed by Square Yards on the Inspector General of Registration and Controller of Stamps, Maharashtra. As of early 2025, NTT operated 18 data centers across key cities including Mumbai, Delhi NCR, Chennai, Bengaluru, and Kolkata. NTT Data recently announced a series of strategic initiatives reinforcing its continued commitment to the Indian market. Among these, the company announced the commissioning of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June. NTT Global Data Centers & Cloud Infrastructure India specializes 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. India's data center industry is witnessing rapid expansion, driven by the country's accelerating digital transformation and growing reliance on cloud computing, artificial intelligence, and data-intensive technologies. The growth is being supported by rising demand from sectors such as banking, e-commerce, telecommunications, and government services. Key cities like Mumbai, Chennai, Bengaluru, and Hyderabad are emerging as major data center hubs due to their robust connectivity infrastructure and access to skilled talent. The sector is also benefiting from proactive policy support, improvements in power availability, and increased interest from global and domestic investors. As a result, India is steadily establishing itself as a critical destination in the global digital infrastructure landscape.
