Magicbricks Expands READPRO: 85,000+ Brokers in 200+ Cities
Company News

Magicbricks Expands READPRO: 85,000+ Brokers in 200+ Cities

A recent report suggests that only 15 per cent of the 500,000 brokers operating in India use technology effectively, leaving the majority dependent on manual processes like paperwork.

Magicbricks, India's premier property portal, has reinforced its commitment to real estate brokers by scaling up READPRO, its AI-powered CRM platform, empowering over 15,000 brokers and achieving 85,000+ active licenses across 200+ cities in just six months.

With features like real-time sales tracking, lead integration, and performance analytics, READPRO has assisted in a 200 per cent increase in lead generation, driven by innovative features such as data and lead management, live team updates, real-time performance tracking, and advanced tools like performance dashboards and compass.

Among the 200+ cities where READPRO operates, Magicbricks has observed the highest usage in metropolitan hubs like Delhi, Noida, Mumbai, and Bengaluru, with an average of 3,500, 1,600, 1,600, and 1,200 active users at any given time, respectively.

Additionally, digital adoption is driving its rapid growth in Tier-2 cities such as Chandigarh, Lucknow, Jaipur, Agra, and Surat, showcasing the platform's expanding footprint and appeal across diverse markets. As a result, READPRO has experienced a 71% surge in activity between November and December 2024.

Talking about the same, Sudhir Pai, CEO, Magicbricks emphasized ""As residential demand and supply remain robust, the need for proptech solutions among brokers is more pressing than ever. By integrating READPRO’s advanced CRM capabilities into the Magicbricks platform, we are empowering the broker community with tools that enhance productivity, improve profitability, and streamline their operations. This aligns with our commitment to providing innovative solutions that address the evolving challenges of the real estate ecosystem."

Originally developed by Its For You Pvt Ltd in 2020, READPRO was acquired by Magicbricks to complement its full-stack real estate solutions, which include Verified Leads and Site Visits. With over 2 crore customers and 15 lakh listings, Magicbricks continues to lead the real estate industry, enhancing capabilities for developers, homebuyers, and brokers alike.

Akshay Seth, Founder (ReadPro) further added, ""Traditionally, brokers have depended on manual processes and generic CRMs. However, we identified their specific requirements and custom-built ReadPro, equipped with industry-specific features tailored for real estate professionals. With Magicbricks' nationwide presence, robust technical infrastructure, and expansive sales network, we aim to amplify ReadPro's reach and establish it as the leading CRM solution for real estate consultants across India.

A recent report suggests that only 15 per cent of the 500,000 brokers operating in India use technology effectively, leaving the majority dependent on manual processes like paperwork.Magicbricks, India's premier property portal, has reinforced its commitment to real estate brokers by scaling up READPRO, its AI-powered CRM platform, empowering over 15,000 brokers and achieving 85,000+ active licenses across 200+ cities in just six months.With features like real-time sales tracking, lead integration, and performance analytics, READPRO has assisted in a 200 per cent increase in lead generation, driven by innovative features such as data and lead management, live team updates, real-time performance tracking, and advanced tools like performance dashboards and compass.Among the 200+ cities where READPRO operates, Magicbricks has observed the highest usage in metropolitan hubs like Delhi, Noida, Mumbai, and Bengaluru, with an average of 3,500, 1,600, 1,600, and 1,200 active users at any given time, respectively.Additionally, digital adoption is driving its rapid growth in Tier-2 cities such as Chandigarh, Lucknow, Jaipur, Agra, and Surat, showcasing the platform's expanding footprint and appeal across diverse markets. As a result, READPRO has experienced a 71% surge in activity between November and December 2024.Talking about the same, Sudhir Pai, CEO, Magicbricks emphasized As residential demand and supply remain robust, the need for proptech solutions among brokers is more pressing than ever. By integrating READPRO’s advanced CRM capabilities into the Magicbricks platform, we are empowering the broker community with tools that enhance productivity, improve profitability, and streamline their operations. This aligns with our commitment to providing innovative solutions that address the evolving challenges of the real estate ecosystem.Originally developed by Its For You Pvt Ltd in 2020, READPRO was acquired by Magicbricks to complement its full-stack real estate solutions, which include Verified Leads and Site Visits. With over 2 crore customers and 15 lakh listings, Magicbricks continues to lead the real estate industry, enhancing capabilities for developers, homebuyers, and brokers alike.Akshay Seth, Founder (ReadPro) further added, Traditionally, brokers have depended on manual processes and generic CRMs. However, we identified their specific requirements and custom-built ReadPro, equipped with industry-specific features tailored for real estate professionals. With Magicbricks' nationwide presence, robust technical infrastructure, and expansive sales network, we aim to amplify ReadPro's reach and establish it as the leading CRM solution for real estate consultants across India.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->