Magicbricks Archive

Magicbricks’ Big Bang Home Carnival is back for its second edition with State Bank of India; to showcase 16,000 properties across India

SBI is offering pre-approved home loans, Flexi Home Loan product with 20% additional loans and zero processing fees 62 developers come on board with 97projects for Big Bang Home Carnival   National, Feb 9, 2018: Magicbricks, India’s No.1 property site, in association with the country’s largest lender State Bank of India (SBI), today announced the

Magicbricks Consumer Search trends reveal 61% spike in property seekers over 12 months

              -Growth trend continues with a 4% sequential quarter-on-quarter growth -Rise in returning users indicate a positive perception improvement in consumer sentiment   National, Nov 5, 2017: With the implications of the policy interventions in India’s real estate industry settling in there are tell-tale signs of recovery all over and Magicbricks’ Consumer Search Trends reveal

Magicbricks Partners with PNB Housing Finance Ltd. to E-Auction Re-Possessed Assets

45 properties will be put up for e-auction on Nov 27 on Magicbricks Properties available at attractive rates, cheaper than the prevailing market rate; quick and easy possession   National, November 20, 2017: In an industry-first move, Magicbricks, India’s No.1 property site, today announced its strategic partnership with India’s leading housing finance body PNB Housing

Magicbricks generates 40,000 intending buyers for properties worth Rs.5,000 crore during Dream Homes Festival-Season 3

Exclusive banking partner ICICI Bank offered exciting deals on home loan in 250 projects New Delhi, November 15, 2017:Signalling the revival of the customer sentiment, the third edition of Magicbricks Dream Homes Festival in association withICICI Bank,as the exclusive banking partner, was a big success as the month-long housing carnival generated nearly 40,000 intending buyers

Magicbricks launches Experience Centres in Bengaluru and Pune as a part of footprint expansion

  Bengaluru gets Experience Centres at the Kempegowda International Airport and at Phoenix Marketcity; Pune at Season’s Mall Experience Centre uses innovative application of technologies like Hologram & VR to create an immersive experience for both consumers and builders National, October 24, 2017 Magicbricks, India’s No. 1 property site, today announced the launch of its much

M3M launches India’s first bidding platform for Properties

Ties up with Magicbricks for ‘My Bid, My Home’   India’s leading Real Estate giant M3M in a mint-fresh concept has put up its prized residential properties for one of its kind bidding process. This if for the first time in India that built up inventory is being put up for bidding on an online

Hyderabad witnesses 50% hike in property seekers; 10% gradual price increment in April-June 2017: Sudhir Pai, CEO, Magicbricks 

With a 50% hike in the number of property seekers over the past 12 months, Hyderabad has emerged as one of the best real estate destinations in the last one year in India both for end-users and investors, said Mr. Sudhir Pai, CEO, Magicbricks during a roundtable discussion here on Saturday Quoting the latest Consumer

Magicbricks teams up with Ola for free site-visits with Ola Rentals

~ Plans to extend this Industry-first partnership to other markets over the next 6 months~ New Delhi, June 19, 2017: Keeping in line with the philosophy of ‘Doing Much More’ for its valuable customers, Magicbricks, India’s No.1 property site, today announced the expansion of a strategic partnership with Ola, India’s most popular mobile app for

Magicbricks posts strong 43% YOY growth in Q3 revenues  

   *  YTD revenues grow to Rs. 96.6 crore * Consolidates its leadership position in the industry   New Delhi, 30th January, 2017: MagicBricks today announced strong Q3 performance, posting an impressive growth of 43% on Rs. 37 crore of Q3 revenue. The company also reported YTD FY’17 revenues of Rs. 96.6 crore. The company

Tracking Rental Property Values across India – Magicbricks launches the Rental PropIndex report

This report highlights the most preferred budget ranges renters look for and what configurations and property types that are most sought after for rented accommodations.   09 Feb 2015: Magicbricks has launched its 1st PropIndex Rental Market Analysis Report (Oct-Dec 2014). This is the first time Magicbricks has taken a dip into the demand and