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Press Releases

Social mission trumps money for Generation Y – reports TimesJobs.com

Over 70 per cent of organisations surveyed feel that Corporate Social Responsibility is an very effective engagement tool for Gen Y’ers Digital natives believe in social good! September 17, 2014: “I really admire Prime Minister Narendra Modi for using his birthday to help the flood victims of J&K” said 23-year old Neha digging into her sprout salad at her office canteen, sparking off a lively lunchtime conversation on how everyone was coming together to support those in crisis. The new generation at the workplace is reshaping capitalism – profits have to be coupled with social responsibility. Corporate Social Responsibility (CSR) is a key tool in engaging Gen Y, according to a recent TimesJobs.com survey. More than 70 per cent organisations...
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Magicbricks wins “Best Property Portal” Award from NAREDCO

September 16, 2014: The National Real Estate Development Council (NAREDCO) awarded Magicbricks.com the title of “Best Real Estate Portal” at the 12th National Convention and Real Estate Awards 2014 conducted on 12th-13th September 2014 in the Nation’s Capital. NAREDCO is the apex body for real estate and housing sectors under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India and The National Real Estate Awards are its gesture to honor industry players and associates for their outstanding performance, contribution and innovation brought about while serving the Indian real estate sector. The Honorable Minister of Urban Development, Housing & Urban Poverty Alleviation, Government of India, Shri Venkaiah Naidu, presented Magicbricks.com with the prestigious award for the year...
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Affordable properties lose sheen while luxury picks up: Magicbricks’ PropIndex reports

Buyers remained cautious but searched well for aspirational homes. Developers remained restrained but projects reached completion stages as all segments of the market prepared for a growth phase in Indian property market, aligned to the political optimism in India. July 29, 2014: The first edition of Magicbricks’ PropIndex, Volume IV (Apr-Jun 2014) reported a largely stable matrix of demand and supply, reflecting little change in index values. However, while Delhi’s city index dropped by 4 per cent, the highest in quarter predictably the National index remained stable, up by 1 per cent. The highlight of the PropIndex however, was the drop in demand for affordable properties (budget range of Rs up to Rs 20 lakh) which remained significantly low at...
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Finally, mid mangers lead demand in India Inc! TimesJobs.com RecruiteX reports

July 21, 2014: Middle managers are back in demand reports the TimesJobs RecruiteX. After bearing the brunt of the economic crunch, demand for managers with 5-10 years of experience starts to bounce back as a result of political stability and new policy announcements. The latest TimesJobs.com RecruiteX reports that the middle management level is back in demand as India Inc. prepares to post high growth numbers. Employment, being a lag indicator, witnessed overall demand drop 2 per cent during Jan-Jun 2014, but candidates with 5-10 years experience reported an average increase of 2 per cent in demand. BFSI, Healthcare & IT lead demand at mid-level The Recruitex Reports that nearly 28 per cent of the demand in the BFSI segment¸...
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What are Smart Cities? Magicbricks finds out from the experts

Modi’s dream project is building 100 Smart Cities across the country and the 2014 Budget has laid out a roadmap by providing the fund of Rs 7,060 crore. ?But what are these smart cities? Are they good investment options? Magicbricks asks the experts. July 16, 2014: In his Budget-day speech, the Finance Minister Arun Jaitley said that the Smart Cities will be developed as satellite towns of larger cities and by modernizing the existing mid-sized cities. Apart from the allocation of Rs. 7,060 crore Magicbricks reveals the other key steps aimed at encouraging the development of Smart Cities and their impact on the Property Market. These include, requirement of built-up area being reduced from 50,000 sq. m to 20,000 sq....
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‘TechGig Code Gladiators reveals the best coding talent from start-ups and SMEs’

Maninderpal Singh, the Code Gladiator 2014 winner works for a product development SME Drishti Soft… July 8, 2014: Life changed in many ways for Maninderpal Singh, the winner of the TechGig Code Gladiators 2014. Not only did he update his career status to the best coder in the country, he also won prize money of Rs. 1.5 lakh. Code Gladiators helped to reveal the talent of this small town boy from Muktsar, Punjab. The journey of Code Gladiators started with 64 companies and 36,000 coders in April 2014 with the aim of finding the best coding talent in the country. Out of these, only 64 coders and 37 companies made it to the finale that was held in Delhi recently....
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Moving from Information to Advice – Magicbricks Shifts the Goal Posts again Launching Advice.Magicbricks.com

Wouldn’t it be wonderful to have an expert advisor at your beck and call – for Free? Magicbricks has made this dream a reality – just visit advice.magicbricks.com July 7, 2014: Advice.Magicbricks.com capitalizes on India’s biggest property portal repository to neatly organize data in the most relevant form for users to consume. It serves as the “Go-to-Guide” which can be relied upon by a user as he looks to buy, rent or sell real estate. Every home-seeker wants to make his big investment in property – the best bet, and so has many questions, which he seeks advice on - • What and When to Buy or Rent? • In which City or Locality? • What kind of Property? •...
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50% of Indian employees are satisfied with salary but not with the job – TimesJobs.com Study

July 2, 2014: At least 50 per cent employees in India Inc are satisfied with their current pay package. However they are not satisfied with their job, revealed a recent TimesJobs.com study. Long working hours Nearly 52 per cent employees are reportedly not satisfied with their current working hours. Employees polled saying that they are working over 40 hours a week and it’s not something they like. • 42% employees do overtime for 2-3 days in a week but 64% are not paid for it • 60% employees said that they are allowed to work from home for less than 2 days a week Other key reasons: • 18% are not happy with the career growth opportunities provided by the...
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Magicbricks.com is the Most Admired Real Estate Website in India: CMO Asia

July 1, 2014: MagicBricks.com, India’s No.1 Property Portal has been awarded the title of the Most Admired Real Estate Website in India at the CMO Asia 1st National Awards for Excellence in Real Estate and Infrastructure presented by Lokmat. This award recognizes the highest levels of achievement by a website operating in the property and real estate sectors as well as the infrastructure industry. Magicbricks won this award based on its proven commitment to service, client satisfaction and innovation. Winners were selected from 323 entries across India in more than 80 categories. Magicbricks was adjudged winner by a distinguished jury based on the criteria of user experience, ease of navigation, graphics, fonts and looks, user interface, platform and information, end-user...
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