Real estate platform Magicbricks has appointed Mayank Jain as its Chief Executive Officer, effective October 1, 2026. Jain will lead the company’s next phase of growth as it expands its digital capabilities and strengthens its presence across India’s real estate market.
Jain joins Magicbricks from CarDekho, where he served as CEO of Auto Classifieds for more than five years. He brings over two decades of experience across digital, media, technology and consumer businesses.
In his new role, Jain will focus on driving business transformation, improving operational and financial performance, and advancing technology-led innovation. He will also work to strengthen Magicbricks’ consumer-centric approach as the property market becomes increasingly digital.
Jain holds an MBA from INSEAD, a PGDM from the Management Development Institute, Gurgaon, and a degree in Computer Engineering. He will be based at Magicbricks’ Noida office and report to N Subramanian, Executive Director and Group CEO of The Times Group.
Magicbricks records more than 2 crore monthly visits and has over 15 lakh active property listings. The platform has expanded beyond property listings to offer services such as home loans, interior solutions and expert real estate advice.
With Jain at the helm, Magicbricks is expected to focus on scaling its platform, improving user experience and building a broader technology-enabled ecosystem for property buyers, sellers and other real estate stakeholders.
