Magicbricks, a division of Times Internet Limited, a wholly owned subsidiary of Bennett, Coleman & Co. Ltd (The Times Group) is a website that provides a common platform for property buyers & sellers to locate properties of interest in India, and source information about all property related issues.

Quick Facts Company type, Industry ...
MagicBricks
Company typeReal Estate
IndustryReal Estate
Founded2006; 18 years ago (2006)
HeadquartersNoida, India
Key people
Mr. Sudhir Pai
OwnerTimes Internet
ParentThe Times Group
Websitewww.magicbricks.com
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Company initiatives

Magicbricks with IIM Bangalore launched the Housing Sentiment Index.[1] It was launched in 2013 and the last report generated was in 2014.[2][3]

Services

Apart from buying, selling & renting properties in India, users have access to the following services as well:

  • Buyer's Guide,[4] a real estate eBook that covers all the essential steps and stages entailed in property buying which contain answers, quick tips, and expert advice on what to look for and how to manage property buying.
  • PropIndex is a tool by Magicbricks which provides information on the movement of residential apartment prices and supply of properties in India for some major cities & adds more cities on a regular basis as well.[5]
  • News section of Magicbricks "Property Pulse"[6] includes property news, home loans concerns, legal & taxation issues, expert opinion and analysis of property trends.

MagicBricks mobile

MagicBricks also came up with an interface for mobile users to post their properties, upload property photos and videos, edit details, and refresh listings.[7]

MagicBricks campaign

In March 2014, Magicbricks went live with an integrated campaign across all media (TV, Digital, Radio and several others mediums) to position itself as a property portal that helps users decide on the right kind of property. The current campaign carries a tagline "Property Sahi Milegi Yahin".[8]

Awards

More information Year, Awards ...
YearAwards
2011–2012Real Estate Excellence (REE) Award for the Best Property Portal[9]
2014State Bank of India (SBI) awarded Magicbricks the title of "Partner in Prosperity"[10]
2014The National Real Estate Development Council (NAREDCO) awarded Magicbricks.com the title of "Best Real Estate Portal"[11]
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See also

References

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