In a significant move within Mumbai’s luxury real estate market, veteran actor Jeetendra Kapoor and his daughter, Ekta Kapoor, have sold their apartment in the prestigious Omkar 1973 Worli project for ₹12.25 crore. The sale follows their earlier land deal in Andheri worth ₹855 crore, demonstrating their ongoing strategic consolidation of high-value assets. This transaction sheds light on the current trends in Mumbai’s prime property sector and the real estate investment strategies of India’s prominent families.
Sale of the Worli Apartment
Jeetendra and Ekta Kapoor sold their 2,149 sq ft apartment in the Omkar 1973 Worli project at a rate of ₹57,003 per square foot. Located in one of the city’s most sought-after addresses, this property is part of Tower A of the Omkar 1973 Worli Co-operative Housing Society Limited. The sale was completed on June 8, 2025, with the transaction including two car parking spaces.
Originally purchased in June 2017 for ₹11.52 crore, this luxury apartment has appreciated significantly in the past few years. While the exact reason for the sale remains unclear, experts suggest that it could be a part of a broader asset consolidation strategy by the Kapoor family.
Major ₹855 Crore Land Deal in Andheri
In May 2025, Jeetendra Kapoor and his family made headlines when they sold a prime land parcel in Mumbai’s Andheri for a massive ₹855 crore to NTT Global Data Centers. The transaction was carried out through two family-owned firms: Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited. The sale involved two adjoining land parcels spanning 9,664.68 sq m (around 2.39 acres), currently housing the Balaji IT Park.
NTT Global Data Centers, which is known for its expertise in cloud solutions and data services, now owns the land, which includes a built-up area of approximately 4.9 lakh sq ft. The deal was finalized with a stamp duty of ₹8.69 crore and a nominal registration fee of ₹30,000.
Consolidation of Real Estate Assets
Real estate experts believe that these transactions are part of a deliberate strategy by the Kapoor family to streamline and consolidate their real estate portfolio. As high-net-worth individuals, they are taking advantage of the current market conditions and seeking to reinvest in more lucrative opportunities.
A Snapshot of Bollywood’s Real Estate Investments
Jeetendra and Ekta Kapoor are not the only Bollywood personalities capitalizing on Mumbai’s real estate boom. Several other celebrities, including Amitabh Bachchan, Akshay Kumar, Subhash Ghai, and Sonakshi Sinha, have also made investments in the city’s luxury real estate market. Between 2016 and 2021, these stars invested ₹56.1 crore in various Mumbai properties. In January 2025, they collectively sold four luxury apartments for a combined ₹122.42 crore, further proving that real estate remains a key investment asset for Bollywood’s elite.
Quick Facts
| Property Name | Omkar 1973 Worli |
|---|---|
| Sale Price | ₹12.25 Crore |
| Area | 2,149 sq ft |
| Rate per Sq Ft | ₹57,003 |
| Parking Spaces | 2 |
| Sale Date | June 8, 2025 |
| Original Purchase Price | ₹11.52 Crore |
| Land Sale Price (Andheri) | ₹855 Crore |
Quotes from Experts
- Real Estate Expert: “Mumbai’s luxury real estate market continues to attract high-net-worth investors like Jeetendra and Ekta Kapoor. Their recent sale in Worli is a clear indication that even established real estate owners are actively managing their portfolios to maximize returns in an evolving market.”
- Industry Analyst: “The sale of the Andheri land parcel to NTT Global Data Centers underscores the demand for high-value real estate in prime locations, particularly in tech and data-driven sectors. This is a strategic move by the Kapoor family to liquidate assets in favor of more dynamic investments.”
FAQ Section:
- Why did Jeetendra and Ekta Kapoor sell their Worli apartment?
- The sale could be part of a broader asset consolidation strategy by the Kapoor family. Real estate experts suggest they are likely streamlining their holdings to reinvest in more lucrative ventures.
- How much did Jeetendra and Ekta Kapoor sell their apartment for?
- The apartment was sold for ₹12.25 crore, a significant appreciation from the ₹11.52 crore they paid in 2017.
- Who bought the land parcel in Andheri?
- The Andheri land parcel was bought by NTT Global Data Centers, a company specializing in cloud solutions and data management.
- What is the rate per square foot for the Worli apartment?
- The rate per square foot for the apartment in Omkar 1973 Worli was ₹57,003.
- Has this been a common trend among Bollywood celebrities?
- Yes, several Bollywood celebrities have invested in Mumbai’s luxury real estate market, with notable figures like Amitabh Bachchan, Akshay Kumar, and Sonakshi Sinha also involved in property transactions.