Magicbricks launches MagicHomes

08 Mar 2024 CW Team

In response to these evolving trends, Magicbricks, India's leading real estate platform, has launched MagicHomes, an initiative which spotlights all the new projects across key cities of Delhi NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad, Kolkata, Pune, Ahmedabad, and Chennai.

Commenting on the launch, Sudhir Pai, CEO, Magicbricks highlighted the relevance of MagicHomes amidst the growing interest of customers in new projects. ?The increasing prices of under-construction properties and the high velocity of sales reported by developers underscore the dynamic nature of the market, and reiterate the necessity for prompt decision-making based on reliable information. MagicHomes is an initiative in this direction, serving as a comprehensive directory of new projects offering up-to-date and essential information for seamless decision making by our customers.

A centralised platform to assist customers in decision-making, MagicHomes includes information on authenticity and compliance of new projects sourced from verified authorities like RERA. Customers can evaluate projects across important parameters including master plans, builder history, project construction timelines and updates, price appreciation trends, and inventory details. MagicHomes also offers a curated selection of nearly 4000 editorial reviews from 280+ influencers and MBTV, India?s first real estate YouTube channel, providing unbiased insights to customers.

Elaborating on the same, Vivek Kumar, Head of Product, Magicbricks shared ?Historically, homebuyers have favored completed projects over new projects due to uncertainties and limited access to information regarding the viability of new developments. However, with the changing preferences, MagicHomes serves as a single-window to assist customers in seamlessly comparing prices, assessing appreciation trends, and accessing comprehensive details of their preferred projects.?

Magicbricks anticipates a significant improvement in user experience, with a projected increase in engagement by 20-30%.

After a period of dormancy, the residential sector is currently experiencing remarkable resurgence, characterized by surging residential demand that has driven property prices up by nearly 15% in 2023. The demand, currently at a decadal high, has also spurred an increased interest in new projects, marking a notable trend in the sector. In response to these evolving trends, Magicbricks, India's leading real estate platform, has launched MagicHomes, an initiative which spotlights all the new projects across key cities of Delhi NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad, Kolkata, Pune, Ahmedabad, and Chennai. Commenting on the launch, Sudhir Pai, CEO, Magicbricks highlighted the relevance of MagicHomes amidst the growing interest of customers in new projects. ?The increasing prices of under-construction properties and the high velocity of sales reported by developers underscore the dynamic nature of the market, and reiterate the necessity for prompt decision-making based on reliable information. MagicHomes is an initiative in this direction, serving as a comprehensive directory of new projects offering up-to-date and essential information for seamless decision making by our customers. A centralised platform to assist customers in decision-making, MagicHomes includes information on authenticity and compliance of new projects sourced from verified authorities like RERA. Customers can evaluate projects across important parameters including master plans, builder history, project construction timelines and updates, price appreciation trends, and inventory details. MagicHomes also offers a curated selection of nearly 4000 editorial reviews from 280+ influencers and MBTV, India?s first real estate YouTube channel, providing unbiased insights to customers. Elaborating on the same, Vivek Kumar, Head of Product, Magicbricks shared ?Historically, homebuyers have favored completed projects over new projects due to uncertainties and limited access to information regarding the viability of new developments. However, with the changing preferences, MagicHomes serves as a single-window to assist customers in seamlessly comparing prices, assessing appreciation trends, and accessing comprehensive details of their preferred projects.? Magicbricks anticipates a significant improvement in user experience, with a projected increase in engagement by 20-30%.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..