MoneyWorks4Me

MRSS buys immovable property at Mumbai for Rs 5.84 crore

18 May 2017 Evaluate

Majestic Research Services and Solution (MRSS) has purchased its Corporate Office located at Kanakia Zillion Building, LBS Marg, Kurla West, Mumbai in state of Maharashtra, admeasuring 1981 square feet (carpet area) and valued at Rs 5.84 crore by executing agreement of sale on May 04, 2017 between the company and the developer ‘Kanakia Spaces Realty’.

The company’s own contribution was Rs 1.59 crore for purchase of property, while balance contribution of Rs 4.25 crore was taken as a term loan from Axis Bank.

Majestic Research Services and Solution is the business of offering qualitative and quantitative market research services to clients in India and abroad.



Peers
Company Name CMP
Sagility 45.46
Prime Focus 332.55
Knowledge RealtyTrt. 113.87
Indegene 602.30
Syngene Internatl. 380.85
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