Jeetendra and Ekta Kapoor Sell Worli Flat for ₹12.25 Crore After Recent ₹855 Crore Andheri Land Deal

Veteran actor Jeetendra Kapoor and his daughter Ekta Kapoor have sold a premium apartment in Mumbai’s Worli locality for ₹12.25 crore, shortly after finalising a major land sale in Andheri valued at ₹855 crore. The sales, completed within a span of weeks, reflect a significant divestment of real estate assets by the Kapoor family.

According to property registration documents accessed by real estate platform Zapkey, the apartment sold in Worli is part of the Omkar 1973 project, specifically located in Tower A of the Omkar 1973 Worli Co-operative Housing Society Limited. The unit, spanning a carpet area of 2,149 square feet, was sold at ₹57,003 per square foot. The transaction also includes two car parking spaces and was officially registered on June 8, 2025.

Records indicate that the Kapoor family had originally purchased the apartment in June 2017 for ₹11.52 crore, suggesting a modest appreciation in value over the eight-year holding period. Despite the limited margin, the deal adds to a broader series of property sales and appears aligned with a potential strategy to streamline the family’s real estate holdings.

While neither Jeetendra Kapoor nor Ekta Kapoor has issued a public statement on the Worli apartment sale, industry experts suggest the move is part of a larger exercise in asset consolidation. Several high-profile investors have taken similar steps recently, capitalising on the sustained momentum in Mumbai’s luxury housing segment.

The Worli transaction follows a much larger real estate deal completed by the Kapoor family in May 2025. Jeetendra Kapoor, whose full name is Ravi Amarnath Kapoor, and his family sold a 2.39-acre land parcel in Andheri East for ₹855 crore to NTT Global Data Centers and Cloud Infrastructure India Private Limited. The deal was executed through two of the family’s companies—Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited—and registered on May 29, 2025.

The Andheri land parcel covers 9,664.68 square metres and includes the Balaji IT Park, which consists of three operational buildings with a cumulative built-up area of approximately 4.9 lakh square feet. The site has housed various operations of the Kapoor family's Balaji Telefilms-related ventures.

The buyer, NTT Global Data Centers, formerly known as Netmagic IT Services, is a major player in India’s data infrastructure space. The firm is reportedly expanding its portfolio in high-demand urban locations to cater to increased enterprise and cloud service needs. Property documents show that the deal attracted a stamp duty of ₹8.69 crore and registration charges of ₹30,000.

Industry analysts note that the NTT deal ranks among the largest commercial real estate transactions in Mumbai for 2025. The parcel’s strategic location near key infrastructure and its existing development status added to its valuation appeal.

The Kapoor family's divestment comes at a time when several Bollywood personalities are actively managing their real estate portfolios in response to market trends and investment opportunities. Earlier this year, four Bollywood celebrities, including Amitabh Bachchan, Akshay Kumar, Subhash Ghai, and Sonakshi Sinha, sold Mumbai apartments for a combined ₹122.42 crore. Between 2016 and 2021, these celebrities had collectively invested ₹56.1 crore in properties across various micro-markets in the city.

While celebrity involvement in Mumbai’s real estate market is not new, the current cycle has seen increased activity driven by property price appreciation, increased institutional demand, and evolving portfolio preferences. Real estate consultants suggest that some sellers are leveraging improved liquidity conditions and demand for prime locations to optimise asset value.

The Kapoor family’s recent activity underlines the growing importance of strategic exits and reinvestments in Mumbai’s high-value property segment. As developers, data centre operators, and investors scout for developable parcels and income-generating properties, owners of legacy real estate assets are finding opportunities for profitable exits.

Whether the Kapoor family will reinvest proceeds into new assets, diversify into alternate sectors, or simply reduce exposure remains to be seen. 

Image source- masala.com