This investment-first mindset is directly influencing property type preferences, with multi- storey apartments dominating at 52% of demand.
MagicBricks is a company based in Noida, Uttar Pradesh, India, operating in the real estate tech sector. Founded in 2006, it now employs 1774 individuals. The company was established by Sudhir Pai .
Founded in 2006, MagicBricks operates in Real Estate Tech offering a platform for buyers and sellers to locate properties of interest and access valuable information ...
Around 44 percent of rental demand was concentrated in the Rs 10,000–Rs 20,000 per month range, while supply was disproportionately weighted toward higher rent segments, with 36 percent of listings ...
Magicbricks Rental Index: A key structural takeaway from the report is the sustained outpacing of rental growth by capital value appreciation across cities, resulting in visible yield compression.