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Mumbai 19 Jan 2026 Ankita Jha

Tusshar Kapoor & Jeetendra Monetise Prime Mumbai Asset with ₹559.25 Crore Chandivali Deal

Bollywood actor Tusshar Kapoor and veteran star Jeetendra have successfully monetised a major real estate holding in Mumbai, jointly selling a premium commercial property in Chandivali for a substantial ₹559.25 crore. The high-value transaction adds to the growing list of large-ticket commercial real estate deals shaping Mumbai’s evolving property landscape.

Transaction Details: What Was Sold

According to property registration documents accessed by real estate consultancy Square Yards from the Inspector General of Registration (IGR), Maharashtra website, the deal was officially registered in January 2026.

The asset sold is a large commercial complex located in Chandivali, a well-established business and IT corridor in suburban Mumbai. The property is part of a professionally developed commercial campus and is considered a grade-A commercial asset, making it highly attractive to institutional and corporate buyers.

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Why This Deal Matters

Strategic Asset Monetisation

This transaction reflects a strategic monetisation move by Tusshar Kapoor and Jeetendra, highlighting how high-net-worth individuals and celebrity families are increasingly treating real estate as a mature investment class, not just a passive holding. By exiting at the right valuation cycle, the duo has unlocked significant capital from a single asset.

Chandivali’s Growing Commercial Importance

Once seen as a secondary business district, Chandivali has steadily emerged as a preferred destination for corporate offices, IT parks, and infrastructure-led developments. Its proximity to Powai, Andheri East, and key transport corridors has strengthened its appeal among global and domestic occupiers.

Institutional-Grade Interest in Mumbai

Large-scale transactions like this underline continued institutional confidence in Mumbai’s commercial real estate market, particularly in assets that support technology, data, and enterprise-driven operations. Even amid changing economic cycles, premium commercial buildings in strategic micro-markets continue to command strong valuations.

Celebrity Real Estate: A Broader Trend

Over the last few years, Bollywood celebrities have been increasingly active in high-value property transactions—both acquisitions and exits. Deals such as this one demonstrate a clear shift toward professional portfolio management, where timing, location, and asset quality play a central role in decision-making.

For the Mumbai market, such transactions not only reinforce pricing benchmarks but also signal long-term confidence in commercial real estate fundamentals.

Final Takeaway

The ₹559.25 crore Chandivali transaction is more than a celebrity headline—it is a reflection of Mumbai’s robust commercial property ecosystem. With strong documentation, institutional-grade buyers, and transparent registration through the IGR Maharashtra system, deals like this highlight the city’s continued dominance as India’s most active and investable commercial real estate market. As demand for premium office and infrastructure-ready spaces grows, Chandivali and similar micro-markets are likely to see even greater traction in the years ahead.

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