Veteran actor Jeetendra sells Andheri plot for ₹855 crore
In a recent development, veteran actor Jeetendra and his family have sold a prime land parcel in Mumbai’s Andheri area for a whopping ₹855 crore. The sale includes two adjoining plots, covering a total area of 9,664.68 sq m (around 2.39 acres). The buyer in this deal is NTT Global Data Centers and Cloud Infrastructure India Private Limited, earlier known as Netmagic IT Services.
The transaction is a testament to the growing demand for prime real estate in Mumbai, particularly in areas like Andheri. This region has seen a surge in popularity in recent years, driven by its proximity to the city’s main business districts and its well-connected transportation network.
The plot, which is situated in a prime location, is expected to be developed into a state-of-the-art data center. This move is likely to further boost the growth of the data center industry in India, which has been experiencing rapid expansion in recent years.
The sale of the plot is a significant milestone in Jeetendra’s career, marking a new chapter in his personal and professional life. The veteran actor, who has been active in the film industry for over five decades, has built a reputation for himself as a talented and versatile actor. He has appeared in numerous films, including some of the most iconic Bollywood movies of all time.
Jeetendra’s decision to sell the plot is likely to be driven by a combination of factors, including his personal and financial goals. As an actor, he has likely accumulated significant wealth over the years, and this sale could be a strategic move to diversify his assets and secure his financial future.
The sale of the plot is also a testament to the growing importance of data centers in the Indian economy. Data centers play a critical role in supporting the growth of various industries, including IT, finance, and healthcare. As the demand for data storage and processing continues to rise, the need for state-of-the-art data centers is increasing, making it an attractive investment opportunity for companies like NTT Global Data Centers and Cloud Infrastructure India Private Limited.
The Andheri area, where the plot is located, is a hub for IT and ITES companies, with many major players having a presence in the region. The area is also well-connected to the rest of the city, with easy access to the Western Express Highway and the domestic airport.
The sale of the plot is likely to have a significant impact on the local real estate market, particularly in the Andheri area. The plot’s proximity to the city’s main business districts and its well-connected transportation network make it an attractive location for companies looking to set up data centers or other types of facilities.
In conclusion, the sale of Jeetendra’s plot in Andheri for ₹855 crore is a significant development in the Indian real estate market. The transaction is a testament to the growing demand for prime real estate in Mumbai and the growing importance of data centers in the Indian economy. As the data center industry continues to expand, it will be interesting to see how this sale impacts the local real estate market and the wider economy.
