Veteran Bollywood actor Jeetendra Kapoor and his son Tusshar Kapoor have finalized a significant commercial property sale in Mumbai, valued at a substantial Rs 559.24 crores. The property was acquired by NTT Global Data Centres, a unit of the Tokyo-headquartered NTT Group, highlighting the increasing interest of global investors in India’s burgeoning digital infrastructure and real estate sectors.
Transaction Details The sale, concluded on January 9, 2026, involves a key asset located within Balaji IT Park in suburban Chandivali. The property comprises a ground-plus-10-storey building, known as DC-10, which houses a data centre. Additionally, an adjacent four-storey diesel generator complex on the same campus was part of the deal.
* Buyer: NTT Global Data Centres, a leading worldwide provider of data centre and cloud infrastructure services. * Property Type: Commercial building designated for a data centre and ancillary structures. * Location: Balaji IT Park, Chandivali, Mumbai. * Area Sold: Approximately 30,195 square metres (around 3,25,000 sq ft). * Consideration: Rs 559.24 crores. * Stamp Duty: Only a metro cess of Rs 5.59 lakhs was paid, in line with a 2024 government resolution that exempted the transaction from traditional stamp duty charges.
NTT's Expansion Strategy in India This acquisition reinforces NTT's strategic expansion in India, a market witnessing rapid growth in demand for digital infrastructure, cloud computing, data management, and connectivity services. As one of the world's leading providers in the sector, NTT's continuous investment in high-value properties like data centres underscores its commitment to strengthening its footprint and catering to India's accelerating digital transformation.
Previous High-Profile Deals This transaction marks another significant real estate deal for the Kapoor family. In May 2025, their firms, Pantheon Buildcon Pvt. Ltd. and Tusshar Infra Developers Pvt. Ltd., had previously sold another large parcel of land in Andheri's Balaji IT Park to NTT Global Data Centres for an even larger sum of Rs 855 crores. These consecutive high-value transactions cement the Kapoor family's role as key players in Mumbai's premium commercial real estate market, especially within the thriving IT and data centre segments.
