Magicbricks

Employment hubs of Gurugram witnessed highest 32.1 percent YoY appreciation in property price, followed by Greater Noida (31 percent YoY), Noida (26.1 percent YoY), and Hyderabad (15.8 percent YoY).

Property rents soared 22.4% YoY, 4.6% QoQ in July-September 2023: Magicbricks

The rental index report for July-September 2023 quarter observed that Thane (57.3 percent YoY), Gurugram (41.4 percent YoY), Greater Noida (28.7 percent YoY), Noida (25.2 percent YoY) and Hyderabad (24.2 percent YoY) observed highest appreciation in rent as compared to last year.

Magicbricks introduces AI-powered tool project market scanner to help builders, brokers in sales

In a statement, Magicbricks said it has launched AI-powered marketing solution tool 'Project Market Scanner (PMS)' for developers and real estate agents. The tool matches buyers with the right properties in real-time.

Magicbricks launches tenant verification, rent agreement, payment services on its platform

"Services for tenant verification and rental agreement can be availed for prices starting Rs 499. Tenants can also use Magicbricks’ Pay Rent platform to transfer rents (up to Rs 45,000) to their landlords by using credit cards and earn reward points,” the company said in a statement.

Managing Money with Moneycontrol | A guide for first-time homebuyers

Watch Moneycontrol’s Sakshi Batra in conversation with Magicbricks CEO Sudhir Pai who discuss whether or not this is a good time to buy a home.

IOB to e-auction 500 plus re-possessed properties worth more than Rs 800 cr

The properties are spread across seven zones comprising Chennai, Coimbatore, Mumbai, Kolkata, Delhi, Bengaluru and Hyderabad.

Magicbricks looks to bring more property sellers online, expand reach

The company, which has over 10 lakh property listings, also claimed to have increased its reach to over 16,000 localities across the country.

Magicbricks' Q1 revenue up 48% at Rs 47.5 cr on revival in housing market

The portal hosted over 1.1 million active properties as on June 30 with over 45,000 properties being added daily.

Magicbricks-SBI online home festival generates interest from 70,000 buyers

"The 'SBI-Magicbricks Big Bang Home Carnival' witnessed an overwhelming response from over 70,000 potential buyers who were interested in home buying or home finance," the company said in a statement.

Magicbricks Q3 revenue up 11 percent to Rs 41 crore

Property portal Magicbricks today reported 11 percent increase in its revenue to Rs 41.1 crore for the quarter ended December.

Online realty cos MagicBricks, PropTiger, 99acres, CommonFloor collectively post Rs 762 cr loss in FY16

Internet-based real estate companies including Housing.com, PropTiger, MagicBricks, 99acres and CommonFloor collectively reported losses of Rs762 crore for the year ended March 31, 2016

Magicbricks posts 20% growth in revenue in 2016-17

"While there has been short-term pressure on the pace of growth post demonetisation, we saw search queries recovering strongly in the fourth quarter of 2016-17, indicating consumer sentiment revival. We beat the slowdown through a series of initiatives across product innovation, traffic growth, channel initiatives and partnership alliances," Magicbricks CEO Sudhir Pai said.

Housing.com appoints Amit Masaldan as national sales head

Housing.com is a part of Elara Technologies Pte Ltd, which also owns PropTiger.com and Makaan.com.

Magicbricks Q3 revenue up 43 pc at Rs 37 cr

Realty portal MagicBricks today posted 43 percent rise in revenue at Rs 37 crore in the third quarter of this fiscal.

Magicbricks acquires branding rights of WEH metro station

Under this, digital boards will be installed, which will showcase the latest available properties and projects for the convenience of consumers. Magicbricks will also allow builders to use this branding platform to reach out to their specific consumer base, a statement issued here stated.

Biz Wrap: Magicbricks partners SBI for 'Home Buying Festival'

Biz Wrap: Realty portal Magicbricks has partnered with State Bank of India (SBI) to organise an online home-buying festival, starting on June 10

Union Minister for Urban Development M Venkaiah Naidu Launches India`s First Real Estate and Property Business TV Channel - Magicbricks NOW

‘Magicbricks NOW will provide an unbiased, trustworthy and authoritative perspective on the ...

Controversy's favourite child, Rahul Yadav, opens up

Twenty-six-year-old Rahul Yadav, co-founder CEO of property listings startup Housing.com, has recently made both good and bad news with remarkable regularity.

Property prices likely to remain stable for next 6 months

The aggregate HSI measured across the cities dropped marginally by four percent during July-September quarter to 114 compared to April-June period, indicating property prices would remain static.

Home buyers expect prices to fall in 6 months: Survey

The Housing Sentiment Index (HSI), jointly developed by IIM-Bangalore & MagicBricks, is based on an online survey of prospective home buyers in eight major cities of India- Delhi, Noida, Gurgaon, Mumbai, Chennai, Hyderabad, Pune and Bangalore.

Realtors hope to clear inventory on freebies, festive sales

Realty developers are hopeful of clearing a large portion of their inventory pile-up during this festive season by luring in buyers with freebies and discounts, even as they sit tight on declared prices, said industry experts.