Magicbricks and NAREDCO Join Hands to Strengthen Data-Driven Engagement in Indian Real Estate Ecosystem

Magicbricks and NAREDCO Join Hands to Strengthen Data-Driven Engagement in Indian Real Estate Ecosystem

New Delhi, 10th March 2026: In a move that signals a stronger push towards data-backed industry collaboration, Magicbricks has signed a strategic partnership with the National Real Estate Development Council (NAREDCO) to institutionalise research-led conversations, structured policy dialogue, and large-scale knowledge dissemination across India’s real estate ecosystem.

At a time when the sector is transitioning from cyclical volatility to a more formalised and regulated growth phase, the partnership is designed to bridge a long-standing gap between industry representation, credible market intelligence, and mass digital amplification. As capital flows become more institutional and regulatory frameworks more structured, the need for transparent, research-driven insight has become central to sectoral decision-making. This collaboration aims to position industry dialogue around verified data rather than anecdotal trends.

Under the one-year Memorandum of Understanding, Magicbricks will serve as Knowledge Partner and Official Broadcast Partner via MBTV for NAREDCO initiatives. Together, they will launch research reports and monthly co-branded newsletters, creating a unified pipeline for research dissemination that will help homebuyers navigate the market with greater confidence, clarity, and access to credible, data-backed insights. The partnership will also see the curation of multiple industry dialogues and wider digital amplification.

Dr. Niranjan Hiranandani, Chairman, NAREDCO, said, “The Indian real estate industry stands at a pivotal juncture, transforming into a transparent, data-driven, and institutionally robust sector. With tightening regulatory frameworks and more organised capital flows, access to accurate and timely market data has become indispensable. Our strategic partnership with Magicbricks underscores NAREDCO’s commitment to fostering informed decision-making through credible insights. This evolution empowers consumers, investors, and policymakers alike to navigate a complex market with clarity and confidence.”

Mr. Parveen Jain, President, NAREDCO, said, “The Indian real estate sector is entering a phase where policy alignment, regulatory clarity, and institutional capital are shaping long-term growth. In such an environment, credible data and structured knowledge exchange become essential. Our partnership with Magicbricks enables us to combine on-ground developer insights with robust market intelligence and digital reach. This collaboration will help foster informed dialogue between developers, policymakers, investors, and consumers while strengthening transparency and confidence across the ecosystem.”

Mr. Prasun Kumar, Chief Marketing Officer, Magicbricks, said, “The partnership recognises the need for building credible, data-driven insights and a meaningful content distribution platform. MB Research is one of the most credible real estate research partners for developers, while MBTV is the world’s leading online real estate channel with over 1.75 million subscribers. For developers, it creates a structured platform for research-backed visibility and national amplification. For policymakers and stakeholders, it enables access to consolidated market insights that support informed dialogue. For the larger ecosystem, including investors and homebuyers, it reinforces transparency through consistent, data-driven narratives.”

As NAREDCO continues to represent developers and industry stakeholders under the aegis of the Ministry of Housing and Urban Affairs, the collaboration also aligns with the sector’s push towards professionalisation and stronger institutional frameworks.

With this association, Magicbricks strengthens its evolution from a listings platform to a knowledge-led industry convenor — one that not only reflects market movements but actively contributes to shaping informed, policy-aligned discourse in Indian real estate.

Magicbricks is India’s No.1 property site. As the largest platform connecting property buyers and sellers transparently, Magicbricks receives over 2 crore monthly visits and hosts more than 15 lakh active property listings. Over the past 17 years, the platform has evolved into a full-stack real estate services provider offering solutions including home loans, interiors, movers & packers, expert advice, and research-based insights through MBTV and other proprietary market intelligence tools.