Mumbai, July 2025: Following their high-profile ₹855 crore Andheri land transaction in May, Bollywood veteran Jeetendra Kapoor and his daughter, Balaji Telefilms’ head honcho Ekta Kapoor, have now exited another prime asset — a luxury apartment in Mumbai’s upscale Worli area — for a staggering ₹12.25 crore.
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What’s the deal with the Worli apartment?
As per official property registration documents, the 2,149 sq ft residence is located in Omkar 1973, Tower A, a premium residential tower in Worli. The flat was sold at a rate of ₹57,003 per sq ft (carpet area) and includes two car parking spaces. The deal was registered on June 8, 2025.
Interestingly, the duo had bought this apartment in June 2017 for ₹11.52 crore — meaning they’ve exited with a modest appreciation over an 8-year period.
While the Kapooors have remained tight-lipped about the sale, insiders in the real estate circle suggest that this might be part of a broader move to consolidate and streamline their real estate holdings.
Throwback to Their ₹855 Crore Andheri Mega Deal
This sale comes hot on the heels of a far larger and more impactful transaction. In May 2025, Jeetendra Kapoor (real name Ravi Amarnath Kapoor) and his family sold two adjoining land parcels in Andheri to NTT Global Data Centers for a whopping ₹855 crore.
Spread across 9,664.68 sq m (approximately 2.39 acres), the land housed the Balaji IT Park, consisting of three commercial buildings with a built-up area of nearly 4.9 lakh sq ft.
The deal was executed via two family-controlled firms — Pantheon Buildcon Pvt Ltd and Tusshar Infra Developers Pvt Ltd — and officially registered on May 29, 2025. It attracted a stamp duty of ₹8.69 crore and registration charges of ₹30,000.
NTT Global Data Centers and Cloud Infrastructure India Pvt Ltd (formerly Netmagic IT Services), a major player in data hosting and cloud infrastructure services, was the buyer.
Bollywood’s Real Estate Moves: A Bigger Trend?
This isn’t an isolated instance of celebrity movement in Mumbai’s luxury property market. From Amitabh Bachchan and Akshay Kumar to Subhash Ghai and Sonakshi Sinha, several stars have made strategic exits from their real estate investments.
Between 2016 and 2021, Bollywood celebs invested over ₹56.1 crore in properties across Mumbai’s key micro-markets. And in January 2025 alone, they sold four high-end flats for a combined value of ₹122.42 crore — a trend indicating a possible shift in portfolio strategies or changing personal priorities.
1- Also Read:- Why Shah Rukh Khan & Amitabh Bachchan Are Betting Big on This Mumbai Real Estate Firm
2- Also Read:- Subhash Ghai Leases 7,500 Sq Ft Commercial Space in Andheri West for ₹3.38 Lakh Monthly
What Does This Mean for Mumbai’s Real Estate Market?
Big-ticket transactions like these reflect the continuing demand for prime locations like Worli and Andheri, especially from institutional buyers such as data center firms and tech companies.
Moreover, celebrities exiting prime assets may either signal portfolio consolidation or preparation for newer investments aligned with emerging market trends — such as commercial assets or REITs.
Mumbai, July 2025: Following their high-profile ₹855 crore Andheri land transaction in May, Bollywood veteran Jeetendra Kapoor and his daughter, Balaji Telefilms’ head honcho Ekta Kapoor, have now exited another prime asset — a luxury apartment in Mumbai’s upscale Worli area — for a staggering ₹12.25 crore.
Also Read:- Mumbai Trans Harbour Link: Map | Photos | Connectivity
What’s the deal with the Worli apartment?
As per official property registration documents, the 2,149 sq ft residence is located in Omkar 1973, Tower A, a premium residential tower in Worli. The flat was sold at a rate of ₹57,003 per sq ft (carpet area) and includes two car parking spaces. The deal was registered on June 8, 2025.
Interestingly, the duo had bought this apartment in June 2017 for ₹11.52 crore — meaning they’ve exited with a modest appreciation over an 8-year period.
While the Kapooors have remained tight-lipped about the sale, insiders in the real estate circle suggest that this might be part of a broader move to consolidate and streamline their real estate holdings.
Throwback to Their ₹855 Crore Andheri Mega Deal
This sale comes hot on the heels of a far larger and more impactful transaction. In May 2025, Jeetendra Kapoor (real name Ravi Amarnath Kapoor) and his family sold two adjoining land parcels in Andheri to NTT Global Data Centers for a whopping ₹855 crore.
Spread across 9,664.68 sq m (approximately 2.39 acres), the land housed the Balaji IT Park, consisting of three commercial buildings with a built-up area of nearly 4.9 lakh sq ft.
The deal was executed via two family-controlled firms — Pantheon Buildcon Pvt Ltd and Tusshar Infra Developers Pvt Ltd — and officially registered on May 29, 2025. It attracted a stamp duty of ₹8.69 crore and registration charges of ₹30,000.
NTT Global Data Centers and Cloud Infrastructure India Pvt Ltd (formerly Netmagic IT Services), a major player in data hosting and cloud infrastructure services, was the buyer.
Bollywood’s Real Estate Moves: A Bigger Trend?
This isn’t an isolated instance of celebrity movement in Mumbai’s luxury property market. From Amitabh Bachchan and Akshay Kumar to Subhash Ghai and Sonakshi Sinha, several stars have made strategic exits from their real estate investments.
Between 2016 and 2021, Bollywood celebs invested over ₹56.1 crore in properties across Mumbai’s key micro-markets. And in January 2025 alone, they sold four high-end flats for a combined value of ₹122.42 crore — a trend indicating a possible shift in portfolio strategies or changing personal priorities.
1- Also Read:- Why Shah Rukh Khan & Amitabh Bachchan Are Betting Big on This Mumbai Real Estate Firm
2- Also Read:- Subhash Ghai Leases 7,500 Sq Ft Commercial Space in Andheri West for ₹3.38 Lakh Monthly
What Does This Mean for Mumbai’s Real Estate Market?
Big-ticket transactions like these reflect the continuing demand for prime locations like Worli and Andheri, especially from institutional buyers such as data center firms and tech companies.
Moreover, celebrities exiting prime assets may either signal portfolio consolidation or preparation for newer investments aligned with emerging market trends — such as commercial assets or REITs.
