According to newly registered documents, veteran Bollywood actor Jeetendra Kapoor and his son Tusshar Kapoor have completed the sale of a commercial property in Mumbai to a Japanese telecom infrastructure company for Rs 559.24 crore. The transaction highlights the ongoing interest of global investors in India’s digital infrastructure and real estate markets.
Jeetendra and Tusshar Kapoor sell Mumbai property to Japan’s NTT for Rs 559.24 crore: Report
The sale was finalized on January 9, 2026 and included a building and adjoining structures in the Balaji IT Park located in suburban Chandivali. The property consists of a ground-plus-10-storey building, designated DC-10, which houses a data centre, as well as an adjacent four-storey diesel generator complex on the same complex.
The buyer is NTT Global Data Centers, a unit of Tokyo-headquartered NTT Group, one of the world’s leading providers of data center and cloud infrastructure services. The acquisition is part of NTT’s ongoing expansion in India, where demand for cloud computing, data management and connectivity services as well as digital infrastructure has grown rapidly.
Property registration documents obtained by real estate consultancy Square Yards show that the space sold is approximately 30,195 square meters (about 3,25,000 square feet), a significant parcel in one of Mumbai’s emerging commercial micro markets. Under the government proposal for 2024, transactions will not attract traditional stamp duty charges; Instead, only Rs 5.59 lakh metro cess was paid.
This is not the first big real estate deal involving Jeetendra and his family companies. In May 2025, the Kapoor family firm – Pantheon Buildcon Pvt. Ltd. Ltd. and Tushar Infra Developers Pvt. Ltd. – sold another large piece of land in Andheri, known as Balaji IT Park, to NTT Global Data Centers for Rs 855 crore, a transaction widely reported to be one of Mumbai’s highest-value land deals of the year.
