| Revision as of 06:23, 17 January 2025 edit125.20.96.75 (talk) Updated initiatives and about the company with latest news.Tag: Visual edit← Previous edit | Latest revision as of 17:36, 17 January 2025 edit undoBattyBot (talk | contribs)Bots1,935,429 edits Fixed reference date error(s) (see CS1 errors: dates for details) and AWB general fixesTag: AWB | ||
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| '''Magicbricks''', a division of ], a wholly owned subsidiary of Bennett, Coleman & Co. Ltd (]) 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. In 2022, Magicbricks launched its full stack services by providing a bouquet of 15+ services like expert advice, home loans, legal assistance to decor consultation amongst others.<ref>{{Cite news |last=Staff |first=BE |date=February |
'''Magicbricks''', a division of ], a wholly owned subsidiary of Bennett, Coleman & Co. Ltd (]) 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. In 2022, Magicbricks launched its full stack services by providing a bouquet of 15+ services like expert advice, home loans, legal assistance to decor consultation amongst others.<ref>{{Cite news |last=Staff |first=BE |date=February 18, 2022 |title=Ayushmann Khurrana presents Magicbricks as the one stop destination for properties in new campaign |url=https://brandequity.economictimes.indiatimes.com/news/advertising/ayushmann-khurrana-presents-magicbricks-as-the-one-stop-destination-for-properties-in-new-campaign/89664569 |url-status=live}}</ref> | ||
| ==Company initiatives== | ==Company initiatives== | ||
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| In 2024, Magicbricks launched PropWorth, a tool which provides instant property valuations for 50,000 projects.<ref>{{Cite news |last=Kumar |first=Aishwarya |date=September 2, 2024 |title=AI-Saas play in real estate: How Magicbricks integrates technology to enhance real-estate solutions |url=https://www.thehindubusinessline.com/news/real-estate/ai-saas-play-in-real-estate-how-magicbricks-integrates-technology-to-enhance-real-estate-solutions/article68533469.ece |url-status=live}}</ref> ] | In 2024, Magicbricks launched PropWorth, a tool which provides instant property valuations for 50,000 projects.<ref>{{Cite news |last=Kumar |first=Aishwarya |date=September 2, 2024 |title=AI-Saas play in real estate: How Magicbricks integrates technology to enhance real-estate solutions |url=https://www.thehindubusinessline.com/news/real-estate/ai-saas-play-in-real-estate-how-magicbricks-integrates-technology-to-enhance-real-estate-solutions/article68533469.ece |url-status=live}}</ref> ] | ||
| At the same time Magicbricks launched MagicHomes, a centralized platform which brings information on authenticity and compliance of new projects sourced from verified authorities like RERA and a curated selection of nearly editorial reviews.<ref>{{Cite news |last=ANI |date= |
At the same time Magicbricks launched MagicHomes, a centralized platform which brings information on authenticity and compliance of new projects sourced from verified authorities like RERA and a curated selection of nearly editorial reviews.<ref>{{Cite news |last=ANI |date=4 March 2024 |title=Magicbricks Launches MagicHomes: A Comprehensive Guide to all New Projects Amidst Surging Residential Demand |url=https://theprint.in/ani-press-releases/magicbricks-launches-magichomes-a-comprehensive-guide-to-all-new-projects-amidst-surging-residential-demand/1987482/ |url-status=live}}</ref><ref>{{Cite news |last=Network |first=Times News |date=5 March 2024 |title=MagicHomes will inform you about the new projects |url=https://timesofindia.indiatimes.com/business/india-business/magichomes-will-inform-you-about-new-projects/articleshow/108215437.cms |url-status=live}}</ref> | ||
| Magicbricks bought a majority stake in PropViz, a company that made property viewing technology.<ref>{{Cite web |last=www.ETRealty.com |title=Magicbricks acquires majority stake in PropViz - ET RealEstate |url=https://realty.economictimes.indiatimes.com/news/industry/magicbricks-acquires-majority-stake-in-propviz/116272284 |access-date=2024-12-13 |website=ETRealty.com |language=en}}</ref> | Magicbricks bought a majority stake in PropViz, a company that made property viewing technology.<ref>{{Cite web |last=www.ETRealty.com |title=Magicbricks acquires majority stake in PropViz - ET RealEstate |url=https://realty.economictimes.indiatimes.com/news/industry/magicbricks-acquires-majority-stake-in-propviz/116272284 |access-date=2024-12-13 |website=ETRealty.com |language=en}}</ref> | ||
Latest revision as of 17:36, 17 January 2025
Indian property buying and selling platform
 | This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (October 2014) (Learn how and when to remove this message) |
 | |
| Company type | Real Estate |
|---|---|
| Industry | Real Estate |
| Founded | 2006; 19 years ago (2006) |
| Headquarters | Noida, India |
| Key people | Mr. Sudhir Pai |
| Owner | Times Internet |
| Parent | The Times Group |
| Website | www |
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. In 2022, Magicbricks launched its full stack services by providing a bouquet of 15+ services like expert advice, home loans, legal assistance to decor consultation amongst others.
Company initiatives
Magicbricks with IIM Bangalore launched the Housing Sentiment Index. It was launched in 2013 and the last report generated was in 2014.
In 2024, Magicbricks launched PropWorth, a tool which provides instant property valuations for 50,000 projects. ]
At the same time Magicbricks launched MagicHomes, a centralized platform which brings information on authenticity and compliance of new projects sourced from verified authorities like RERA and a curated selection of nearly editorial reviews.
Magicbricks bought a majority stake in PropViz, a company that made property viewing technology.
Services
Apart from buying, selling & renting properties in India, users have access to the following services as well:
- Buyer's Guide, 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.
- News section of Magicbricks "Property Pulse" 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.
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".
Awards
| Year | Awards |
|---|---|
| 2011–2012 | Real Estate Excellence (REE) Award for the Best Property Portal |
| 2014 | State Bank of India (SBI) awarded Magicbricks the title of "Partner in Prosperity" |
| 2014 | The National Real Estate Development Council (NAREDCO) awarded Magicbricks.com the title of "Best Real Estate Portal" |
See also
References
- Staff, BE (18 February 2022). "Ayushmann Khurrana presents Magicbricks as the one stop destination for properties in new campaign".
{{cite news}}: CS1 maint: url-status (link) - "IIMB- MagicBricks Partner Launch Housing Sentiment Index – Indian Institute of Management Bangalore". Iimb.ernet.in. Retrieved 17 October 2014.
- "Housing Sentiment Index - Property Survey By MagicBricks and IIM Bangalore". www.magicbricks.com. Retrieved 8 November 2023.
- "Home buyers expect prices to fall in 6 months: Survey". Moneycontrol.com. Retrieved 17 October 2014.
- Kumar, Aishwarya (2 September 2024). "AI-Saas play in real estate: How Magicbricks integrates technology to enhance real-estate solutions".
{{cite news}}: CS1 maint: url-status (link) - ANI (4 March 2024). "Magicbricks Launches MagicHomes: A Comprehensive Guide to all New Projects Amidst Surging Residential Demand".
{{cite news}}: CS1 maint: url-status (link) - Network, Times News (5 March 2024). "MagicHomes will inform you about the new projects".
{{cite news}}: CS1 maint: url-status (link) - www.ETRealty.com. "Magicbricks acquires majority stake in PropViz - ET RealEstate". ETRealty.com. Retrieved 13 December 2024.
- "Introducing The Property Buying Guide". Efytimes.com. Archived from the original on 24 October 2014. Retrieved 17 October 2014.
- "Magicbricks Adds Baroda to the PropIndex – Now Covers 12 Cities Pan-India". Propertyportalwatch.com. Archived from the original on 21 October 2014. Retrieved 17 October 2014.
- "MagicBricks.com Launches Property Pulse – India's Biggest Real Estate Content Section". Istockanalyst.com. Retrieved 17 October 2014.
- "India's 1st Property Posting Solution for the Mobile Advertiser — Property Portal Watch". Propertyportalwatch.com. Retrieved 17 October 2014.
- "MagicBricks.com rolls out a phased multi-city OOH campaign to promote its positioning". Propertyportalwatch.com. Retrieved 17 October 2014.
- "MagicBricks wins Real Estate Excellence Award for 'Best Property Portal'". India Digital Review. Retrieved 17 October 2014.
- "SBI awarded MagicBricks.com for Exemplary Partnership". Indiainfoline.com. Retrieved 17 October 2014.
- "Magicbricks wins "Best Property Portal" Award from NAREDCO". Tbsl.in. Retrieved 17 October 2014.
| The Times Group | |
|---|---|
| Corporate directors | |
| Print media | |
| Television media | |
| Times Internet | |
| Times Infotainment & Entertainment Network India | |
| Times Business Solutions | |
| World Wide Media (previously a 50:50 JV with BBC) | |
| Other businesses |
|