MagicBricks Overview
Pro stress-test →MagicBricks operates as an online platform providing real estate and home loan services in India. The platform offers options to buy, rent, and sell properties and facilitates access to home loans, interior design services, and property-related advice. MagicBricks is a division of Times Internet Limited, a wholly owned subsidiary of Bennett, Coleman & Co. Ltd (The Times Group).
Strategic Profile
Pro stress-test →MagicBricks is India's No 1 Property Site and has been adjudged as the most preferred site in India, by independent surveys. As of April 2026, partnership with NAREDCO indicates access to research-backed policy insights and industry-wide collaborations, enabling positioning of solutions aligned with regulatory changes and market trends. The company faces intense competition in a fragmented real estate portal market with 292+ active competitors.
Competitive Landscape
Pro stress-test →MagicBricks competes in India's fragmented real estate portal market against established players including PropTiger, Square Yards, and PropertyGuru, as well as 99acres and Property-related platforms. The company maintains a leadership position through first-mover advantage, brand recognition, and focus on data-driven offerings like rental indices and research partnerships.
Industry Context
MagicBricks operates in Real estate portals and marketplaces.
Key facts
Founded: 2006 · Headquarters: Noida, India · Employees: 889 · Revenue: $62.2M