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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 December 2008, the private National Bank and the information technology firm Teranet began a separate monthly house price index based on resale prices of individual single-family houses in selected metropolitan areas, using a methodology similar to the Case-Shiller index [3] and based on actual sale prices taken from government land registry ...
Housing.com is a Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. [1] [2] The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bengaluru, Kolkata and Delhi. [3] [4] [5]
A 2005 study [2] of real estate commission rates, reported that realtors tended to charge, "about 5 percent to 7 percent of a property's selling price...". More recently, CBS News, "60 Minutes" television news magazine reported in 2007 that competitive pressure resulting from a record number of licensed agents has driven down the average sales ...
The company was founded in 2013 by Indian Institute of Technology alumni Akhil Gupta, Amit Kumar Agarwal, and Saurabh Garg as a real estate search portal directly connecting flat owners and tenants. In October 2015, the company expanded its operations to include the resale of properties. [ 2 ]
Ganganagar is adjacent to R. T. Nagar and sees much activity as it lies on the route to the new International Airport in Bangalore. A couple of fly-overs are there at some busy junctions (like Sanjaynagar and CBI). The rentals have shot up in Ganganagar recently as this has become a strategic real estate location.
It first launched in 2015 as MagicBricks Now, a news channel with a focus on real estate news and information. The network was a collaboration with the Indian real estate website MagicBricks. [1] On 23 March 2017, MagicBricks Now was replaced by Mirror Now, a news channel with a focus on civic issues. [2]
The company achieved success with MagicBricks, an online real estate platform launched in 2006 and iDiva, a women's lifestyle portal in 2009. [ 4 ] [ 5 ] 2012–2019: Investments