Latest news with #NTTGlobalDataCentersandCloudInfrastructure
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.
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.
