Jeetendra Tusshar Kapoor Data Center Sale: Chandivali Property Sold for Rs. 559 Crore

Mumbai | January 14, 2026

Legendary Bollywood actor Jeetendra and his son, actor-producer Tusshar Kapoor, have closed a major commercial property transaction in suburban Mumbai, selling a large data center property in Chandivali for ₹559 crore. As per the property registration documents reviewed by a real estate firm and reported by news agency PTI, in the Jeetendra Tusshar Kapoor data center sale. The buyer is NTT Global Data Centers, a subsidiary of Japan's global NTT Group.

The deal was officially registered on January 9 and involves a large portion of Balaji IT Park, a prestigious commercial development in Chandivali. The property sold in the Jeetendra Tusshar Kapoor data center sale includes a ground-floor and ten-storey building identified as DC-10, which currently houses a data center, along with an adjacent four-storey building used for diesel generator maintenance. Together, the properties create critical infrastructure for large-scale data and technology operations.

Tusshar Kapoor's Tushar Infra Developers Pvt. Ltd. and Jeetendra's Pantheon Buildcon Pvt. Ltd. are the sellers in the transaction. The overall built-up area of the property is roughly 30,195 sq. mts, or close to 3.25 lakh square feet, reflecting the scale and significance of the transaction.

According to a government order issued in 2024, the sale was exempt from stamp duty, a point that likely added to the transaction's interest. However, a metro tax adding up to ₹5.59 lakh was paid at the time of registration. Another noteworthy transaction at Balaji IT Park, valued at ₹855 crore, was recorded in May 2025, as per the real estate consultants tracking deals in the area, illustrating the increasing commercial interest in the micro-market.

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Chandivali has rapidly developed as a preferred commercial location in Mumbai due to its easy access to Powai, one of the city’s fastest-growing centers for offices, techno parks, and luxury homes. With strong connectivity to the Eastern Express Highway, JVLR, and key business districts, the area has become increasingly attractive for data centers, IT firms, and global investors seeking long-term assets.

Market experts view the timing of the sale as well judged. Demand for data center infrastructure in Mumbai has surged in recent years, driven by cloud computing growth, digital services expansion, and the city’s role as a key data gateway for India. For NTT Global Data Centers, the acquisition strengthens its footprint in a market where scale, power availability, and location reliability are critical.

For the Kapoor family, the deal represents a significant monetization of a high-value commercial asset in one of Mumbai’s most competitive commercial corridors.