Jeetendra’s family seals Rs 855 crore Mumbai land deal: what’s behind the stamp duty cost?

Jeetendra’s family sold 2.39 acres in Mumbai’s Andheri for Rs 855 crore in May 2025, marking a significant real estate transaction. The deal, involving NTT Global Data Centres, included a notable Rs 8.69 crore stamp duty, highlighting the high-value property market dynamics in Mumbai.

Sources:
The Indian Express
Updated 1h ago
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Sources: The Indian Express
Veteran Bollywood actor Jeetendra’s family has finalized a significant real estate transaction in Mumbai’s Andheri area, selling two adjoining plots totaling approximately 2.39 acres for Rs 855 crore. The deal, executed through their family-owned companies Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited, was registered in May.

The property currently features three buildings with a combined built-up area of around 4.9 lakh sq ft. The buyer is NTT Global Data Centres and Cloud Infrastructure India Private Limited, a firm specializing in data center infrastructure.

A notable aspect of the transaction is the stamp duty cost, which amounted to Rs 8.69 crore, alongside a registration fee of Rs 30,000. This stamp duty reflects the high valuation of the property and the prevailing rates in Mumbai’s real estate market.

“The transaction had a stamp duty of Rs 8.69 crore with a registration fees of Rs 30,000,” reports indicate, highlighting the significant tax component involved in such high-value deals.

This sale underscores the growing interest of technology infrastructure firms in prime Mumbai real estate, as well as the lucrative nature of land holdings by prominent families in the entertainment industry. The sizeable built-up area and strategic location in Andheri make the property a valuable asset for data center operations.

Overall, the Rs 855 crore deal not only marks a major real estate movement for Jeetendra’s family but also reflects the evolving landscape of property usage in Mumbai, where commercial and tech infrastructure demands are reshaping traditional land ownership patterns.
Sources: The Indian Express
Veteran Bollywood actor Jeetendra’s family sold Mumbai’s Andheri land for Rs 855 crore through Pantheon Buildcon and Tusshar Infra Developers. The 2.39-acre site with 4.9 lakh sq ft buildings was bought by NTT Global Data Centres. Stamp duty on the deal was Rs 8.69 crore, with Rs 30,000 registration fees.
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Key Facts
  • Jeetendra's family-owned firms Pantheon Buildcon and Tusshar Infra Developers sold 2.39 acres of land in Mumbai's Andheri area.The Indian Express
  • The property included three buildings with a built-up area of around 4.9 lakh sq ft.The Indian Express
  • In May 2025, the land was sold for Rs 855 crore to NTT Global Data Centres and Cloud Infrastructure India Private Limited.The Indian Express
  • The transaction involved a stamp duty payment of Rs 8.69 crore and registration fees of Rs 30,000.The Indian Express
Key Stats at a Glance
Land area sold by Jeetendra's family
2.39 acres
The Indian Express
Sale price of Mumbai land by Jeetendra's family
Rs 855 crore
The Indian Express
Built-up area of the property
4.9 lakh sq ft
The Indian Express
Stamp duty paid in the transaction
Rs 8.69 crore
The Indian Express
Registration fees paid in the transaction
Rs 30,000
The Indian Express
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