Press Releases

While the National Property Index remained stable, the PropIndex reports that cities such as Chennai, Ghaziabad and Pune, which offer relatively affordable properties, depicted the highest rise in city index. March 3, 2014: The last quarter of 2013 was largely characterised by a cautious consumer approach and controlled supply by local and national developers that kept the index unchanged in contrast to the 4% rise that was recorded in the previous quarter. The 11th edition of PropIndex also reports that 23% of the demand was concentrated in affordable properties priced from Rs 30-50 lakh at and an equally dramatic 20% of demand was for luxury housing worth over a crore. While supply in the affordable segment has inched up marginally...

The IIMB MB Housing Sentiment Index turns positive across all 10 cities surveyed Noida races to the top, Hyderabad shakes off Telangana woes, Mumbai remains weak February 24, 2014: “Indian real estate is bound to remain an attractive sector in the medium term with faster growth expected in Tier II cities. Competitively priced urban pockets such as Noida, where robust supply is backed with a promise of even better infrastructure have received a thumbs up from end users. However, active interest will take another 6-9 months to translate into buying activity as consumers expect prices to go up only after six months, post the 2014 elections,” says Sudhir Pai, Business Head, Magicbricks. The Housing Sentiment Index (IIMB MB HSI) assessed...

With almost the entire working population of India accessible on mobiles, 45% of Indian organizations still don’t have a comprehensive mobile recruitment strategy 20 Feb 2014: Over 50% of India’s Active Internet users are accessing internet on their mobile, apart from other sources states the latest IAMAI report. This is a clear indication that there has been a huge uptake in consumption of the Mobile Internet medium. Prabhat Bhardwaj, Head-HR & Administration, Technopak Advisors, estimates that 85% of the online operations by jobseekers have shifted from personal computers to smartphones in the past 2 years, especially in metros and big cities. Being one of India’s leading jobsites, TimesJobs started offering mobile recruitment solutions in early 2006 with a basic “Jobs...

It’s All About Design – Focus on Search and Core Usability create the Cutting Edge User Experience that keeps MB as the No.1 choice of users. February 12, 2014: Magicbricks has completely redesigned the key pages – Homepage, Post Requirement form and Search pages and modified its other sections. In an attempt to ensure that the users continue to make Magicbricks their 1st Stop in Property Search the site has seen fundamental design shifts in terms of the layout, usability & navigation. Being the leader in the property space with the highest number of visits to any property portal in India (comScore ‘Nov 2013 Data), Magicbricks once again pushes the envelope to create a clutter-free website. “We’ve improved the visual...

Real estate experts from across the country share their views on how the year 2013 was for the sector and their expectations from the New Year 2014. January 14, 2014: The Indian Real Estate sector is looking forward to an optimistic 2014, as the markets, regain speed and vitality after a comparatively slow 2013. This is the overall sentiment expressed by over 30 real-estate experts in the latest publication from the Magicbricks’ content stable – Magicbricks Opinions 2013-2014. Magicbricks Opinions has been launched as a 60-page annual publication that encompasses expert reviews of 2013 and forecasts from 2014 the hottest real estate markets in Delhi NCR, Mumbai, Pune, Chennai, Hyderabad, Bangalore, Ahmedabad and Kolkata. “Magicbricks Opinions is our latest freely...

The say preparation is the best defense against competition – and the year 2014 is gearing up to become a watershed year in recruitments. It’s admittedly getting harder to find candidates with relevant job skills and poaching attempts are going to be more ruthless. With a dearth of top talent and scarcity of skills currently plaguing the Indian employment sector – Corporate HR Departments are focused on the acquisition and retention of high performers – by any means necessary. As Employers plan their strategies, TimesJobs.com spoke to Though Leaders on the ensuing War for Talent, and here are the recruitment trends to watch out for – Social/Professional Networking Sites According to a TimesJobs.com survey, 49 per cent of the surveyed...

Honoring HR Managers for their ‘Human Realization’ abilities as exemplified by renowned world leaders. January 7, 2014: In every organization, the HR brings to the table a multitude of qualities that help the organization scale new heights. Bringing each quality to the forefront as per the situation, they bring to light diverse facets of leadership. These qualities are highlighted in the TimesJobs’ 2014 Calendar. The talents that HR represents are depicted in the form of Heroes and Leaders, who exemplified these qualities and took them to the zenith of achievement. The qualities of a good HR manager are tastefully highlighted across the 12 months of the Year 2014– January is the Revolutionary – HR managers are Change agents, they have...

TimesJobs.com launches The Skills Journal to build and acknowledge constructive solutions, to create an extensive pool of skilled manpower January 6, 2014: To identify, highlight and analyse possible solutions in resolving the appalling problem of skills gap in India Inc, TimesJobs.com has launched a first-of-its-kind half-yearly report, ‘The Skills Journal’. “India stands at a critical juncture today, its strong economic growth combined with its young population offers an opportunity that few countries have. Skilling millions of our young talented people holds the passport to success”–said Mr S Ramadorai, Adviser to the Prime Minister of India in the National Council on Skill Development, Government of India. India Inc. requires nearly 12.8 million new skilled workers to join different industry verticals every...

Magicbricks.com, on 25th October, 2013 received the Indian Realty Award (IRA) for the best online realty portal at a function held at the Raddison Blu, Noida. The award function was attended by the who’s who of the real estate industry and was a resounding success. The event was graced by the presence of Rajya Sabha member and a legendary cricketer KC Tyagi, who was the chief guest at the function. Hari Om Tyagi, Editor of Observer Dawn addressed the event. Anil Sharma, CMD of Amrapali Group and bollywood celebrity Aftab Shivdasani gave away the awards. Mr. Ashu Gupta, Regional Head, Magicbricks.com received the award on behalf of the organization. Other illustrious awardees included – Ms. Ananta Raghuvanshi, Director- Sales and...

PropIndex clearly indicates that this is a market driven by end-users and consumer preferences have now come into sharp focus. This 10th Edition Issue also features a complimentary copy of the IIM Bangalore- Magicbricks Housing Sentiment Index Report. November 27, 2013: Over the last two years the Magicbricks PropIndex has consistently reported on the major real-estate markets of Delhi, Gurgaon, Noida, Ghaziabad, Mumbai, Pune, Ahmedabad, Kolkata, Chennai, Hyderabad and Bangalore. With substantial growth in volumes of magicbricks’ users from smaller cities- this 10th edition of PropIndex introduces Vadodara as the 1st in a series of new & emerging markets with strong drivers, which shall be introduced over time. The key take-aways from Vadodara were that the real estate market was...

TimesJobs.Com is the Online Partner for FLIP’s job-oriented certification programs in Banking and Finance. November 2013: TimesJobs.com and Finitiatives Learning India Pvt. Ltd. (FLIP), e-learning and certification services provider in banking and finance, have launched a slew of elearning certification programs in the fast growing Banking and Financial Services (BFSI) sector. These online banking & finance courses are available on TimesJobs.com, and range across the entire spectrum of Corporate Banking, Retail Banking, International Banking, Treasury & Capital Markets, etc. The courses are Self-Learning in nature and are conducted online, with the final certification tests being conducted regularly at specific centers across the country. These certifications have already been accepted and used by banks so there is an established proof of...

Going beyond the industry standard services of sourcing and screening TimesJobs.com is now offering suitability assessments of jobseekers by adding Harrison Assessment Systems to its Portfolio.      Oct 2012: TimesJobs.com is now the “Official India Partner” for Harrison Assessments and offers a world renowned service that can secure a high-growth and successful career – by judging not just Eligibility but Suitability as well – providing a win-win situation for all to its stakeholders – partnering employers, institutions and jobseekers. Would anyone like to hire a “creative” accountant? What about hiring a “cautious” salesman? Or an “aggressive” HR Manager? The commonsensical answers to these questions would be – NO. While such people may well be eligible with all the right degrees,...

Magicbricks& IIM (Bangalore) release India’s first robust “Housing Sentiment Index” for the Real Estate Sector Global academic leaders, Indian Institute of Management Bangalore (IIMB) and India’s No.1 property portal,Magicbricks.com (MB) collaborate and release the first robust “IIMB-MB Housing Sentiment Index” (HSI) for the real estate sector in India. October 23, 2013: The IIMB MB HSI is a sentiment index of the Indian real estate market that captures buyer ‘mood’ and serves as a leading indicator of residential real estate market performance. The first inaugural report has now been released by comparing survey results in the month of September 2013 against Index scores captured earlier in July 2013. According to the report, in line with the current economic scenario, buyers across...

Magicbricks pioneers offering Luxury home listings to cater to the wired high-end property buyer’s exacting demands for superlative accommodation October 2013: Magicbricks has now introduced its Luxury Section offering nationally with a launch covering the top 6 metros in India. The section features 300+ carefully selected luxury property listings – covering both new projects from builders as well as resale listings – Now on offer to Magicbricks’ exclusive High Net Worth clientele across the country. Currently, Magicbricks is the only property portal in India to dedicate a section exclusively to Luxury Real Estate. Pioneering this section to address the luxury home-seeker’s needs in India, Magicbricks continues to break new ground and lead innovations in the property portal space. Launched in...

TimesJobs has launched DIVINEi as the 3G of Recruitment Solutions that will unleash the massive potential of social media and online recruitment for employers – Introducing DIVINEiT for IT and DIVINEiP to reach Passive talent. New Delhi, September 24, 2013: The challenge faced by most HR professionals while job seeker hunting, is the time it takes to actually find and contact those potential candidates who would be perfect for the job. For a recruiter, Time Equals Money and TimesJobs.com has launched two unique sets of tools under the DIVINEi umbrella differentiated for the discerning headhunter that are quick, efficient and effective – saving time, making usability effortless and noticeably better than any other jobsite. DIVINEi (Divine-Eye) is the New Visionary...