In a city like Mumbai, where every square metre counts and legacies often rise in steel and stone, veteran actor Jeetendra Kapoor has made a move that bridges Bollywood’s old guard with India’s digital future. In a landmark transaction valued at ₹855 crore, the Kapoor family, through their firms Pantheon Buildcon and Tusshar Infra Developers, has sold a 2.4-acre land parcel in Andheri to NTT Global Data Centers and Cloud Infrastructure, India’s largest data centre operator and a subsidiary of Japan’s tech giant NTT.
The plot, currently housing Balaji IT Park with three existing buildings, represents more than just prime real estate; it is a symbol of transition, from the physical to the digital, from film reels to fiber optics. For Jeetendra, one of Hindi cinema’s most prolific actors, and his media-savvy children, Ekta and Tusshar Kapoor, this sale reflects a keen understanding of where the future lies: in cloud, not concrete.
From Balaji to Bytes: A Sale Aligned with Tech’s Rise
Balaji Telefilms, the family’s flagship media business, has long been a content powerhouse in Indian television and film. But with the entertainment industry now deeply enmeshed with digital platforms and data infrastructure, the decision to offload a traditional IT park in favour of enabling a future-focused entity like NTT underscores strategic foresight.
The deal includes two adjacent land parcels measuring a total of 9,664.68 square metres (approximately 2.39 acres). Though the market value was assessed at ₹729.26 crore, the transaction closed at ₹855 crore—an indicator of high demand for digital infrastructure-ready land in Mumbai. Stamp duty of ₹8.69 crore and registration charges of ₹30,000 were paid, cementing the deal as one of the city’s most significant recent real estate transactions.
Why NTT, and Why Now?
The timing of this sale couldn’t be more apt. As artificial intelligence and cloud computing accelerate global demand for data centres, players like NTT, Microsoft, Amazon Web Services, and Google Cloud are aggressively expanding their physical footprint in India. India’s economic digitisation, policy incentives, and central geographic position in South Asia make it a ripe destination for such investments.
Andheri, in particular, has become a hotbed for tech infrastructure due to its connectivity, commercial relevance, and zoning feasibility. NTT’s acquisition of Balaji IT Park is part of a broader trend where former media and manufacturing sites are being repurposed into hyperconnected digital nodes powering everything from fintech to AI research.
The Jeetendra Legacy: Reinventing with Relevance
Jeetendra Kapoor has always had a knack for reinvention. In cinema, his transition from romantic lead to family patriarch onscreen mirrored a graceful aging rarely seen in an industry that chases youth. In business, his early investment in Balaji Telefilms—now run by daughter Ekta Kapoor—positioned the family at the forefront of India’s TV content revolution. With this sale, Jeetendra is handing over a physical legacy in exchange for a stake in India’s digital future.
This isn’t just a Bollywood story, it’s a blueprint for generational wealth management and timely diversification. With Tusshar Kapoor also involved as a co-owner in the selling firms, the move signals the family’s united strategic direction. For stars who once shone on celluloid, it’s clear they now understand the power of servers, not just screens.
A Transaction That Reflects Broader Shifts
At a macro level, this deal is emblematic of how India’s economic landscape is transforming. Urban real estate is no longer about residential or traditional commercial use alone—it’s about building the physical foundations of a digital economy. That a Bollywood legacy family is at the centre of one of the country’s biggest data infrastructure sales reflects how these lines are blurring.
As NTT prepares to transform the Balaji IT Park into a high-powered data facility, the Kapoor family walks away with capital likely to be reinvested into new ventures—perhaps content-tech hybrids or next-gen media platforms. Either way, it’s a win-win: a global tech leader gets a prized location, and a Bollywood dynasty future-proofs its assets in the age of cloud and code.
In the end, Jeetendra’s quiet move from studio lights to server racks may well be one of his most consequential roles yet.
