Real Estate
India's Home Interiors Market Set to Double to $24.5 Billion by 2030: Magicbricks Report
The Magicbricks report highlights the significant value that well-designed home interiors add to real estate, projecting the market to reach $24.5 billion by 2030. This growth is driven by rising disposable incomes, rapid urbanization, and a growing consumer desire for personalized living spaces.
Real Estate
Affordable Rental Housing in Delhi: Top Areas for Budget-Friendly Living
Discover the top areas in Delhi offering affordable rental housing, as per the latest report by Magicbricks Rental Index for April-June this year. Find out where you can get the best deals on two-bedroom apartments.
real estate news
Magicbricks Launches 'Get Real with Prasun'—A Podcast Shining a Light on Real Estate Tales
Magicbricks, India’s leading real estate platform, introduces its first podcast series, 'Get Real with Prasun', hosted by Prasun Kumar, CMO. The series delves into the untold stories and emotions behind homes, humanizing the real estate industry through engaging storytelling.
Real Estate Mumbai
NAR-India Urges Members to Sever Ties with MagicBricks Over Misrepresentation Allegations
The National Association of Realtors (NAR) - India has directed its members to cut ties with MagicBricks due to allegations of misrepresenting brokers and engaging in unethical practices.
Real Estate
Why 58% of First-Time Homebuyers Prefer Plots Over Other Real Estate Investments
A recent survey by Magicbricks reveals that a significant 58% of first-time homebuyers in India prefer investing in plots over other real estate types, with Lucknow leading the trend with 42.66% of property buyers opting for plots.
Real Estate Mumbai
High-Value Home Loans Surge in Q4 2024, Driven by Premium Housing Demand
A significant surge in demand for high-value home loans was observed in Q4 2024, with the Rs 50 lakh – Rs 1 crore segment leading the way. This trend highlights a growing preference for premium housing, particularly in cities like Pune and Gurugram.
Real Estate Mumbai
As Rents Soar, Homeownership Gains Momentum: Insights from Magicbricks
With rents on the rise, more and more individuals are considering homeownership as a viable and potentially more cost-effective alternative. Prasun Kumar, Chief Marketing Officer of Magicbricks, shares insights on the current real estate market trends.
Real Estate Mumbai
80% Surge in Home Loans Under ₹1 Crore in 2024: Magicbricks Reports
Easier capital access for developers is expected to drive supply growth, fostering a favorable real estate market. Mumbai Age, Decaf, About us...
real estate news
Residential Searches Slump as Prices Climb Near Jewar Airport: Magicbricks Report
Residential property searches have seen a significant decline in areas around Jewar Airport as prices continue to rise, according to the latest report from Magicbricks.
Real Estate Mumbai
Boom in New Property Listings on Magicbricks Platform
A significant surge in new property listings on the Magicbricks platform indicates a robust development phase, with cities like Mumbai, Bengaluru, and Chennai also showing strong growth.
Real Estate Mumbai
Magicbricks: New and Resale Property Listings on Par in Q4 2024
New Delhi, Jan 14 (PTI) The share of new and resale properties listed on the real estate platform Magicbricks was almost equal during the fourth quarter of 2024, reflecting a balanced market trend.
Real Estate
Magicbricks: New and Resale Property Listings Equal in Q4 2024
New Delhi, Jan 14 (PTI) The share of new and resale properties listed on the real estate platform Magicbricks was almost equal during the fourth quarter of 2024, indicating a balanced market demand in the property sector.
real estate news
Residential Real Estate Market Sees 46.8% Increase in Under-Construction Properties
This significant rise highlights the robustness of India's residential real estate sector, as developers actively boost supply in both affordable and premium segments.
Real Estate Mumbai
Hyderabad's Residential Market Witnesses 11.9% Price Increase in Under-Construction Properties
The steady growth in Hyderabad's under-construction residential market, with a 11.9% price surge, underscores the city's robust real estate dynamics and expanding economic base.
Real Estate
Residential Property Supply Grows 12.7% in 13 Major Cities in Q4 2024
The luxury segment of the residential property market, representing 52% of new supply, saw a significant 14.4% year-on-year growth in Q4 2024, according to a report by Magicbricks. Cities like Bengaluru and Gurugram led the overall growth.
Real Estate Mumbai
India's Home Search Trends in 2024: Insights from Magicbricks
In 2024, a significant shift in the property market is evident, especially in major cities like Mumbai and Delhi. While 67% of Mumbai buyers are on the lookout for properties with at least one parking spot, Delhi buyers exhibit unique preferences, with 20
Real Estate
Magicbricks Invests in PropViz to Boost Real Estate Tech Solutions
Magicbricks, a prominent real estate portal, has acquired a significant stake in PropViz to enhance its technological capabilities for developers. This strategic move aims to bring advanced real estate technology solutions to the market.
real estate news
Magicbricks Invests in PropViz to Enhance Real Estate Technology Solutions
Magicbricks, a leading online real estate platform, has made a significant investment in PropViz, a cutting-edge real estate technology solutions provider. This strategic move aims to revolutionize real estate interactions and set new standards in custome
real estate news
Magicbricks Acquires Majority Stake in PropViz to Enhance Developer Tech Solutions
The real estate classifieds portal, Magicbricks, has taken a significant step forward by acquiring a majority stake in PropViz, a leading provider of 3D visualization and immersive technology solutions. This strategic move aims to offer advanced tech solu
Real Estate
Magicbricks Takes Majority Stake in PropViz to Boost Advanced Tech Solutions
Magicbricks, a leading real estate portal, has acquired a majority stake in PropViz, a tech-driven platform, to enhance its technology offerings for developers and streamline the property buying process.