Magicbricks News

Magicbricks Q3 FY18 revenue grows to Rs 41Cr

ANI January 30, 2018 2:49 PM IST

Magicbricks, India's No.1 property site, on Tuesday announced a strong Q3 performance posting a 36 percent sequential QOQ revenue growth, furthering its leadership position in the online real estate industry.

Home seekers searching more aggressively, reveals Magicbricks Report

ANI December 6, 2017 1:56 PM IST

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 that there has been a whopping 61 percent rise in property seekers over the last 12 months, with the number of active property seekers going up sharply on a YoY basis from 3.4 Lakh in July'16 to 5.5 Lakh in September'17.

Property seekers up by 61 pct in twelve months

ANI December 5, 2017 4:28 PM IST

With the implications of the policy interventions in India's real estate industry settling in, Magicbricks' 'Consumer Search Trends' revealed that there has been a 61 percent rise in property seekers over the last 12 months, with the number of active property seekers going up sharply on a year-on-year (YoY) basis from 3.4 Lakh in July'16 to 5.5 Lakh in September'17.

Magicbricks PropIndex reveals positive signs for real estate, especially in Southern markets

ANI Feeds August 30, 2017 5:33 PM IST

The latest real-estate research report by Magicbricks, titled PropIndex for April-June 2017 quarter reveals a positive outlook for the realty market in India in the coming months. According to the report, real estate sector in India may see a strong turnaround in 2017 as 55percent of the 750 localities across 14 major cities witnessed an average price increment of 2.8percent in April-June 2017 quarter. At the city level, Hyderabad, Chennai and Bangalore had a perceptible increment in weighted average price.

Magicbricks partners with Ola for free site-visits

ANI June 19, 2017 4:08 PM IST

Online property portal Magicbricks on Monday announced the expansion of a strategic partnership with Ola to launch an industry-first pilot project, wherein prospective home-buyers on Magicbricks can avail free rides to find the right home through Ola Rentals - cabs by the hour.

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