India, Dec. 5 -- Indian stock broking firm Sharekhan Limited has sold an office space in Mumbai's Dadar area for Rs.45 crore, according to property registration documents accessed by CRE Matrix.

The company had purchased the office space in November 2010, for over Rs.31 crore, indicating over 42% appreciation in 15 years.

The office space, located in a building named 'The Ruby', has been purchased by DE-Max Fincap Advisors Private Limited, which currently has its office premises in the same building, according to the documents.

According to property registration documents, the buyer acquired the space from Sharekhan Limited for Rs.45 crore, for which a stamp duty payment of Rs.3.27 crore and a registration fee of Rs. 30,000 have been p...