Veteran Actor Jeetendra and Son Tusshar Kapoor Sell Mumbai Property in ₹559 Crore Deal to Japanese Telecom Firm
Veteran Bollywood actor Jeetendra and his son Tusshar Kapoor have completed the sale of a high-value property in Mumbai to a Japanese telecommunications company in a deal worth ₹559 crore. The transaction involves prime commercial real estate in Mumbai, one of the city’s most sought-after business locations, highlighting the continued demand for central urban spaces among global corporate buyers.
The property has drawn significant attention not only because of its strategic location but also due to the prominence of its sellers. Jeetendra, a legendary name in Indian cinema with a career spanning several decades, and Tusshar Kapoor, an established actor and producer, jointly owned the asset. Their decision to monetise the property reflects sustained interest from multinational companies in acquiring premium assets across major Indian cities.
The buyer, a leading Japanese telecom company expanding its presence in India, acquired the property as part of its broader strategy to strengthen operational infrastructure and support corporate activities in the region. Mumbai continues to be a preferred destination for multinational offices, owing to its strong connectivity, robust commercial ecosystem and global business accessibility.
Valued at ₹559 crore, the deal underlines the premium commanded by commercial properties in Mumbai’s central business districts and technology hubs, particularly among foreign investors seeking long-term strategic investments. Real estate experts note that transactions of this scale signal growing confidence among global corporations in India’s economic growth and business-friendly environment.
Jeetendra and Tusshar Kapoor’s decision to sell the property to a corporate buyer also reflects a broader trend of Bollywood celebrities strategically managing their real estate portfolios in response to evolving market dynamics. Mumbai’s commercial real estate sector has traditionally attracted institutional investors and high-net-worth individuals, but recent years have witnessed increased interest from international conglomerates.
While the exact future plans for the property under the new ownership have not been disclosed, the acquiring telecommunications firm is likely to utilise the space for office operations or as part of its regional headquarters infrastructure. The acquisition aligns with broader patterns of foreign direct investment in real estate and corporate assets across India.
The transaction also underscores the growing convergence between entertainment figures and business interests outside cinema. Celebrities like Jeetendra and Tusshar often diversify their investments into real estate, hospitality and other sectors as part of long-term financial planning.
In recent years, several high-value Mumbai property deal s involving film personalities have made headlines, reflecting both the rising valuation of Indian real estate and the strategic timing of asset monetisation. This latest ₹559 crore Mumbai property deal adds to that trend and underscores how global capital continues to flow into India’s key urban markets.
The property has drawn significant attention not only because of its strategic location but also due to the prominence of its sellers. Jeetendra, a legendary name in Indian cinema with a career spanning several decades, and Tusshar Kapoor, an established actor and producer, jointly owned the asset. Their decision to monetise the property reflects sustained interest from multinational companies in acquiring premium assets across major Indian cities.
The buyer, a leading Japanese telecom company expanding its presence in India, acquired the property as part of its broader strategy to strengthen operational infrastructure and support corporate activities in the region. Mumbai continues to be a preferred destination for multinational offices, owing to its strong connectivity, robust commercial ecosystem and global business accessibility.
Valued at ₹559 crore, the deal underlines the premium commanded by commercial properties in Mumbai’s central business districts and technology hubs, particularly among foreign investors seeking long-term strategic investments. Real estate experts note that transactions of this scale signal growing confidence among global corporations in India’s economic growth and business-friendly environment.
Jeetendra and Tusshar Kapoor’s decision to sell the property to a corporate buyer also reflects a broader trend of Bollywood celebrities strategically managing their real estate portfolios in response to evolving market dynamics. Mumbai’s commercial real estate sector has traditionally attracted institutional investors and high-net-worth individuals, but recent years have witnessed increased interest from international conglomerates.
While the exact future plans for the property under the new ownership have not been disclosed, the acquiring telecommunications firm is likely to utilise the space for office operations or as part of its regional headquarters infrastructure. The acquisition aligns with broader patterns of foreign direct investment in real estate and corporate assets across India.
The transaction also underscores the growing convergence between entertainment figures and business interests outside cinema. Celebrities like Jeetendra and Tusshar often diversify their investments into real estate, hospitality and other sectors as part of long-term financial planning.
In recent years, several high-value Mumbai property deal s involving film personalities have made headlines, reflecting both the rising valuation of Indian real estate and the strategic timing of asset monetisation. This latest ₹559 crore Mumbai property deal adds to that trend and underscores how global capital continues to flow into India’s key urban markets.
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