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MagicBricks Head of Product salaries in India (Updated 2025)

Annual salary range
12 - 18 years exp.
₹80 Lakhs - ₹1.1 Crore
Salary of majority employees
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233% more than the average Head of Product Salary in Internet Companies for 12 - 18 years of experience

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Salaries in different departments

Product Management
Head of Product Salary
12 - 18 years exp. (4 salaries)
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₹80 L/yr - ₹1.1 Cr/yr

Marketing & Communication
Head of Product Salary
14 - 16 years exp. (AmbitionBox Estimate)
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₹93.5 L/yr - ₹99 L/yr

Last Updated: 19 Mar 2025

Companies similar to MagicBricks for Head of Product

Company name Avg Annual Salary Open Jobs
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Havells Head of Product Salary

13 - 21 years exp. (75 salaries)

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₹13 L/yr - ₹37.4 L/yr

arrow icon 78% less
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ICICI Bank Head of Product Salary

15 - 27 years exp. (23 salaries)

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₹22 L/yr - ₹72.8 L/yr

arrow icon 57% less
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UPL Head of Product Salary

12 - 20 years exp. (16 salaries)

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₹17.6 L/yr - ₹32.7 L/yr

arrow icon 75% less
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Varroc Group Head of Product Salary

4 - 19 years exp. (16 salaries)

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₹10.7 L/yr - ₹31.6 L/yr

arrow icon 78% less
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V-Guard Industries Head of Product Salary

12 - 17 years exp. (15 salaries)

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₹9.4 L/yr - ₹21 L/yr

arrow icon 83% less
Head of Product salary at MagicBricks ranges between ₹80 Lakhs to ₹1.1 Crore per year for employees with experience between 12 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of MagicBricks.

Latest annual salaries shared by MagicBricks Head of Product

3d ago
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16 years exp.
3mo ago
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18 years exp.
1y ago
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15 years exp.
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12 years exp.

Experience wise MagicBricks Head of Product salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹80 L/yr - ₹1.7 Cr/yr
13 years (AmbitionBox Estimate)

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₹89.6 L/yr - ₹99.1 L/yr
14 years (AmbitionBox Estimate)

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₹38.2 L/yr - ₹98 L/yr
15+ years  (5 salaries)

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₹85 L/yr - ₹1.1 Cr/yr

Similar Designation salaries in MagicBricks

QA Engineer Salary
(10 salaries)
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₹2.5 L/yr - ₹10.5 L/yr
QC Analyst Salary
(5 salaries)
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₹6.1 L/yr - ₹7 L/yr
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₹3.85 L/yr - ₹3.86 L/yr
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₹18.7 L/yr - ₹24 L/yr
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₹4.7 L/yr - ₹6 L/yr
Head Engineering Salary
(AmbitionBox Estimate)
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₹91.2 L/yr - ₹100.8 L/yr
Quality Manager Salary
(AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr
Assistant Manager Quality Salary
(AmbitionBox Estimate)
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₹7.8 L/yr - ₹10 L/yr
Manufacturing Executive Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Senior Production Engineer Salary
(AmbitionBox Estimate)
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₹49.9 L/yr - ₹55.1 L/yr

Top skills at MagicBricks for Head of Product

New Product Problem Solving Analytical skills Stakeholder Management Product Management Team Management Product Strategy

Salary related reviews for MagicBricks

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 14 Feb 2025

1.0
 for  Salary and Benefits

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Teaching & Training Department

3.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

No appraisal if you are working on third party payrole like Teamlease Company culture -Politics in Contact centre and in every process No new learning after 3 months of your joining Don't expect anything from your Manager just manage by yourself, blame game is always there Product team will not provide any additional value only removals are there in product although listing base organisation so not much expectations.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 22 Jan 2025

2.0
 for  Salary and Benefits

Likes

Nothing much to say about likes except for salary structure to save taxes(not the salary paid) and you get to work with new technologies here.

read more

Dislikes

No work life balance, not promoted much, not so high salary, micro management, policies which doesn't benefit employee much, toxic hierarchy, no work from home.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 24 Oct 2024

2.0
 for  Salary and Benefits

Likes

Good in terms of job security. Appraisals are average but for those who are already on a good package.

read more
  • Job security - Excellent

Dislikes

No employee friendly policy. Only good tax benefits. Most managers cry if asked for leave. Senior tech managers are not competent enough for their roles. Flexible shift timings but some managers unnecessarily asks to come before a particular time. Some people are favourites of senior managers so all the tech innovation related tasks are given to them only. Others are provided with regular tasks.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 26 Sep 2024

3.0
 for  Salary and Benefits

Likes

The only benefit is the Times group name (Times OF India Newspaper) and PRESS Card.

Dislikes

Pathetic culture, No clarity, Lacks upskilling culture, No team sense, Worst target setting and Variable pay structure.

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

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MagicBricks Head of Product Salary FAQs

What is the salary of Head of Product at MagicBricks ?
The average salary of a Head of Product at MagicBricks in India typically ranges from ₹80.0 Lakhs to ₹112.0 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Head of Product at MagicBricks earn more than ₹112.0 Lakhs per year, and the top 1% earn over ₹112.0 Lakhs per year. Head of Product Salaries at MagicBricks can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 MagicBricks employees in India.
What is the estimated take home salary of a Head of Product at MagicBricks in India?
The estimated take-home salary of a Head of Product at MagicBricks in India typically ranges from ₹5,27,027 to ₹5,40,472 per month. This is based on the average salary range of ₹80.0 Lakhs to ₹112.0 Lakhs per year for employees with experience ranging from 12 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of MagicBricks. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Head of Product at MagicBricks ?
To be a Head of Product at MagicBricks in india, the key skills required include:

  • - New Product
  • - Problem Solving
  • - Analytical skills
  • - Stakeholder Management
  • - Product Management

These skills are highly valued at MagicBricks and are crucial for successful performance in a Software Engineering role.
What is the salary of a Head of Product in companies similar to MagicBricks in India?
The salary of a Head of Product at companies similar to MagicBricks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹22.0 Lakhs to ₹72.8 Lakhs per year
UPL ₹17.6 Lakhs to ₹32.7 Lakhs per year
Varroc Group ₹10.7 Lakhs to ₹31.6 Lakhs per year
Havells ₹13.0 Lakhs to ₹37.4 Lakhs per year
V-Guard Industries ₹9.4 Lakhs to ₹21.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Head of Product at MagicBricks in India?
The salary growth for a Head of Product at MagicBricks depends on factors such as experience, performance, and promotions. On average, a Head of Product can expect the following growth trajectory at MagicBricks:

Experience Average Salary Range
12 years ₹80.0 Lakhs to ₹167.9 Lakhs per year
13 years ₹89.6 Lakhs to ₹99.1 Lakhs per year
14 years ₹38.2 Lakhs to ₹98.0 Lakhs per year
15 years ₹85.0 Lakhs to ₹112.0 Lakhs per year
and so on.

Tell us how to improve this page.

MagicBricks Head of Product salary in India ranges between ₹80 Lakhs to ₹1.1 Crore with an average annual salary of ₹unlock blur. Salary estimates are based on 7 MagicBricks latest salaries received from various employees of MagicBricks.