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MagicBricks Product Manager salaries in Bangalore / Bengaluru

Annual salary range
1 - 5 years exp.
₹16.8 Lakhs - ₹28 Lakhs
Salary of majority employees
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At par with the average Product Manager Salary in Internet Companies for 1 - 5 years of experience

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Last Updated: 30 Dec 2024

Companies similar to MagicBricks for Product Manager in Bangalore / Bengaluru

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MagicBricks Product Manager Salary

1 - 5 years exp. (27 salaries)

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₹16.8 L/yr - ₹28 L/yr

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Company name Avg Annual Salary Open Jobs
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Tata CLiQ Product Manager Salary

3 - 9 years exp. (26 salaries)

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₹18 L/yr - ₹42.8 L/yr

arrow icon 31% more
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Tracxn Product Manager Salary

2 - 7 years exp. (21 salaries)

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₹12.5 L/yr - ₹28 L/yr

arrow icon 13% less
2 job openings
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Verse Innovation Product Manager Salary

4 - 8 years exp. (10 salaries)

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₹11 L/yr - ₹35 L/yr

arrow icon 8% more
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BookMyShow Product Manager Salary

4 - 10 years exp. (10 salaries)

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₹16 L/yr - ₹41 L/yr

arrow icon 30% more
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Cleartrip Product Manager Salary

5 - 11 years exp. (8 salaries)

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₹18 L/yr - ₹55 L/yr

arrow icon 46% more
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Carwale Product Manager Salary

2 - 6 years exp. (8 salaries)

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₹14 L/yr - ₹25 L/yr

arrow icon 13% less
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Zolo Product Manager Salary

2 - 6 years exp. (5 salaries)

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₹8 L/yr - ₹16.4 L/yr

arrow icon 42% less
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RentoMojo Product Manager Salary

2 - 6 years exp. (4 salaries)

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₹12 L/yr - ₹16.5 L/yr

arrow icon 42% less
1 job opening
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StoreKing Product Manager Salary

8 - 14 years exp. (4 salaries)

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₹10.3 L/yr - ₹14 L/yr

arrow icon 49% less
Product Manager salary at MagicBricks ranges between ₹16.8 Lakhs to ₹28 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 27 latest salaries received from various employees of MagicBricks.

Latest annual salaries shared by MagicBricks Product Manager in Bangalore / Bengaluru

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Experience wise MagicBricks Product Manager salaries in Bangalore / Bengaluru

Last Updated: 30 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹20.5 L/yr - ₹26.2 L/yr
2 years  (3 salaries)

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₹21 L/yr - ₹25 L/yr
3 years  (9 salaries)

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₹16.8 L/yr - ₹27 L/yr
4 years  (6 salaries)

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₹22 L/yr - ₹25 L/yr
5 years  (7 salaries)

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₹24 L/yr - ₹28 L/yr

Similar Designation salaries in MagicBricks

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₹31 L/yr - ₹48 L/yr
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₹30 L/yr - ₹93 L/yr
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₹24 L/yr - ₹34 L/yr

Top skills at MagicBricks for Product Manager

Product Management Bpo Operations Real Estate Marketing Marketing

Salary related reviews for MagicBricks

3.3

Rated by 3 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.

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  • 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.

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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.

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  • 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.

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  • 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.

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  • 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 Product Manager Salary FAQs

What is the salary of Product Manager at MagicBricks in Bangalore / Bengaluru?
The average salary of a Product Manager at MagicBricks in Bangalore / Bengaluru typically ranges from ₹16.8 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Product Manager in Bangalore / Bengaluru at MagicBricks earn more than ₹27.8 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Product Manager 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 20+ MagicBricks employees in India.
What is the estimated take home salary of a Product Manager at MagicBricks in Bangalore / Bengaluru?
The estimated take-home salary of a Product Manager at MagicBricks in Bangalore / Bengaluru typically ranges from ₹1,53,032 to ₹1,58,815 per month. This is based on the average salary range of ₹16.8 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ 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 Product Manager at MagicBricks in Bangalore / Bengaluru?
To be a Product Manager at MagicBricks in Bangalore / Bengaluru, the key skills required include:

  • - Product Management
  • - Bpo Operations
  • - Real Estate Marketing
  • - Marketing

These skills are highly valued at MagicBricks and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than MagicBricks for Product Manager in India?
Cleartrip ₹18.0 Lakhs to ₹55.0 Lakhs per year
Tata CLiQ ₹18.0 Lakhs to ₹42.8 Lakhs per year
BookMyShow ₹16.0 Lakhs to ₹41.0 Lakhs per year
Verse Innovation ₹11.0 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MagicBricks, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to MagicBricks in Bangalore / Bengaluru?
The salary of a Product Manager at companies similar to MagicBricks in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Carwale ₹14.0 Lakhs to ₹25.0 Lakhs per year
Tracxn ₹12.5 Lakhs to ₹28.0 Lakhs per year
Zolo ₹8.0 Lakhs to ₹16.4 Lakhs per year
RentoMojo ₹12.0 Lakhs to ₹16.5 Lakhs per year
StoreKing ₹10.3 Lakhs to ₹14.0 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 Product Manager at MagicBricks in Bangalore / Bengaluru?
The salary growth for a Product Manager at MagicBricks in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Product Manager in Bangalore / Bengaluru can expect the following growth trajectory at MagicBricks:

Experience Average Salary Range
1 year ₹20.5 Lakhs to ₹26.2 Lakhs per year
2 years ₹21.0 Lakhs to ₹25.0 Lakhs per year
3 years ₹16.8 Lakhs to ₹27.0 Lakhs per year
4 years ₹22.0 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

MagicBricks Product Manager salary in Bangalore / Bengaluru ranges between ₹16.8 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 MagicBricks latest salaries received from various employees of MagicBricks.