Properji.Com, which started its operation in 2013, has presence in Bengaluru. The start-up provides detailed research to buyers and has prepared reports for about 100 projects.
Magicbricks.Com has acquired Invact Technologies, which runs Properji.Com.
"We have acquired Properji.Com which does independent analysis of projects. This will help the consumer to make an informed property buying decision," Magicbricks.Com CEO Sudhir Pai told PTI.
This is the first acquisition by the Magicbricks.Com, he said, but it did not disclose the acquisition value.
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Part of the report would be free for consumers while part of it would be chargeable.
Talking about the synergies, Pai said Magicbricks.Com generates huge data through listing of properties and same would be utilised for analysing the projects.
Magicbricks.Com is a leading realty portal and is owned by Magicbricks Realty Services Ltd which is a subsidiary of Times Internet Ltd. The portal has over 80,000 projects and over 1.2 million listings.