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 Energy

NTPC Signs $11.5 Billion Clean Energy Deals in Chhattisgarh

Juniper Green Energy has successfully commissioned a 100-MW solar power project aimed at supplying electricity to Bhutan, marking a significant milestone in regional energy integration. According to the company's statement, the project facilitates a crucial cross-border agreement allowing Bhutan to receive 50% of the power generated during the winter months. This arrangement permits Bhutan to directly import power from an Indian generator under an established bilateral trade framework. Located in Rajasthan, the solar project contributes a total generation capacity of 100 MW. Highlighting the..

Next Story
Infrastructure Energy

Juniper Green Commissions 100-MW Solar Project for Bhutan

The New Delhi Municipal Council (NDMC) held its first council meeting since the Delhi Assembly polls focusing on a comprehensive Summer Action Plan aimed at achieving 100% solar energy adoption by 2026. The meeting, led by MP Bansuri Swaraj, began with the swearing-in of three new NDMC members — Delhi Minister and New Delhi MLA Parvesh Sahib Singh, Delhi Cantt. MLA Virender Singh Kadian, and Ravi Kumar Arora, Additional Secretary of the Ministry of Housing and Urban Affairs. Solar Energy Push NDMC Vice Chairman Kuljeet Singh Chahal announced the civic body's ambitious solar energy plans, ..

Next Story
Infrastructure Energy

NDMC Pushes for 100% Solar Energy by 2026

Mumbai-based energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital, with participation from UC Impower and other angel investors. Founded in 2017 by IIT Bombay alumni, AmpereHour Energy focuses on building AI/ML-enabled Energy Storage Systems ranging from kW/kWh scale systems for Mini-grids to MW/MWh scale systems compatible with solar PV and wind plants. The systems are designed to be plug-and-play, integrated with the company’s proprietary Energy Management platform, Elina. The fresh capital will be directed towards expanding manufacturing and software capabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?