Magicbricks Partners with NAREDCO for Real Estate Data Platform to Advance Research and Market Intelligence
March 11, 2026: Magicbricks has signed a one-year Memorandum of Understanding with the National Real Estate Development Council to advance data-driven research, policy dialogue, and knowledge dissemination across India's real estate sector .
Partnership Scope
Under the partnership, Magicbricks will serve as Knowledge Partner and Official Broadcast Partner through MBTV for all NAREDCO events and initiatives. The collaboration will produce research reports and monthly co-branded newsletters to provide homebuyers, investors, and policymakers with market intelligence. It will also curate and amplify industry dialogues .
MBTV has over 1.75 million subscribers and is described as the world's leading online real estate channel. Magicbricks records monthly traffic exceeding 2 crore users and maintains an active base of over 15 lakh property listings. The platform has over 17 years of experience and offers services including home loans, interiors, and movers & packers, alongside proprietary data tools covering price trends, forecasts, and locality intelligence .
Industry Reactions
Niranjan Hiranandani, Chairman of NAREDCO, stated: "With tightening regulatory frameworks and more organised capital flows, access to accurate and timely market data has become indispensable. Our partnership with Magicbricks underscores NAREDCO's commitment to fostering informed decision-making through credible insights" .
Parveen Jain, President of NAREDCO, added: "Credible data and structured knowledge exchange are essential. Our partnership with Magicbricks enables us to combine on-ground developer insights with robust market intelligence and digital reach, while strengthening transparency and confidence across the ecosystem" .