Bollywood icon Jeetendra sells 2.3-acre Mumbai Andheri land for ₹855 crore to tech giant

Veteran Bollywood actor Jeetendra has struck one of the biggest real estate deals in Mumbai this year, selling 2.39 acres of prime land in Andheri for a staggering ₹855 crore.

The transaction, registered in May, was executed through the family's companies — Pantheon Buildcon Pvt Ltd and Tusshar Infra Developers Pvt Ltd.

According to Square Yards, the property comprises two adjoining plots and includes three buildings with a total built-up area of approximately 4.9 lakh square feet. The land was acquired by NTT Global Data Centres and Cloud Infrastructure India Pvt Ltd, a major player in India’s growing digital infrastructure space. The deal involved a stamp duty payment of ₹8.69 crore and registration charges of ₹30,000.

Jeetendra's high-value sale adds to a growing trend of Bollywood’s elite capitalizing on Mumbai’s lucrative property market.

Earlier this year, Amitabh Bachchan sold a luxury duplex in Oshiwara for ₹83 crore — earning a 168% return on his 2021 investment of ₹31 crore. The Bachchan family continues to expand its real estate portfolio, recently purchasing 10 apartments worth ₹25 crore in Mulund and investing ₹10 crore in a project by Sri Lotus Developers.

Bachchan also acquired a fourth property in Ayodhya for ₹40 crore. According to Rajya Sabha MP Jaya Bachchan’s 2024 affidavit, the couple’s total assets stood at ₹1,578 crore, with ₹849.11 crore in movable and ₹729.77 crore in immovable property.

Similarly, actor Akshay Kumar recently sold an office space in Lower Parel for ₹8 crore, marking a 65% gain over his 2020 purchase price of ₹4.85 crore.

As film stars turn savvy investors, the Mumbai real estate market is witnessing a parallel drama — where property portfolios are yielding box office -style profits.