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MagicBricks Team Lead salaries in Mumbai

Annual salary range
6 - 10 years exp.
₹4.1 Lakhs - ₹11.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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29% less than the average Team Lead Salary in Internet Companies for 6 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Team Lead Salary
6 - 8 years exp. (3 salaries)
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₹6.3 L/yr - ₹9.9 L/yr

Marketing & Communication
Team Lead Salary
8 years exp. (AmbitionBox Estimate)
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₹6.2 L/yr - ₹11.3 L/yr

Last Updated: 6 Jul 2023

Companies similar to MagicBricks for Team Lead in Mumbai

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MagicBricks Team Lead Salary

6 - 10 years exp. (6 salaries)

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₹4.1 L/yr - ₹11.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Impact Guru Team Lead Salary

3 - 7 years exp. (11 salaries)

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₹3.6 L/yr - ₹7 L/yr

arrow icon 30% less
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Cleartrip Team Lead Salary

7 - 12 years exp. (8 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 17% less
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BookMyShow Team Lead Salary

5 - 10 years exp. (8 salaries)

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₹4.9 L/yr - ₹9.4 L/yr

arrow icon 8% less
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Weddingz.in Team Lead Salary

1 - 6 years exp. (4 salaries)

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₹4.8 L/yr - ₹6 L/yr

arrow icon 8% less
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Tata CLiQ Team Lead Salary

10 - 13 years exp. (3 salaries)

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₹16.5 L/yr - ₹18 L/yr

arrow icon 174% more
Team Lead salary at MagicBricks ranges between ₹4.1 Lakhs to ₹11.3 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of MagicBricks.

Latest annual salaries shared by MagicBricks Team Lead in Mumbai

1y ago
₹11.3 Lakhs
8 years exp.

Experience wise MagicBricks Team Lead salaries in Mumbai

Last Updated: 6 Jul 2023

Experience Avg Annual Salary
6 years  (3 salaries)

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₹4.1 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
MagicBricks Team Lead Salary and Career Growth

From

To

Team Lead

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4 - 10 years exp.

Zonal Manager

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9 - 16 years exp.

Team Lead

4 - 10 years exp.
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Area Sales Manager

5 - 16 years exp.
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arrow icon 95% hike

Territory Sales Manager

11 - 15 years exp.
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arrow icon 18% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in MagicBricks

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₹4 L/yr - ₹6.49 L/yr

Top skills at MagicBricks for Team Lead

Spring Mvc Home Loans Project Management Middleware REST API P Business Development Java Lap Mortgage Loans Design Patterns Sales Team Leading Hibernate housing loan

Salary related reviews for MagicBricks

1.0

Rated by 1 employees for salary & benefits

Home loan process Department

1.0
  •  posted on 26 Dec 2021

1.0
 for  Salary and Benefits

Likes

It is terrible to work with magicbricks. Seniors are not supportive at all. They are just taking their salary and removing people from the company who genuinely wants to work and HR and CEO doesn't take any interest in hearing from employee side. It is better to stay unemployed while deciding to go to magicbricks.

read more

Dislikes

Nothing is worth liking in magicbricks.It is terrible working there.

  • Salary - Bad
  • +6 more

Sales & Business Development Department

1.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

Company kicks many employess in 2nd month of lockdown in april and regullary company want salary into 20 times business .. never expect this from magicbricks times of india

read more

Dislikes

Ur boss is boss .. u even cant give suggession

  • Job security - Bad
  • +2 more

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.

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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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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MagicBricks Team Lead Salary FAQs

What is the salary of Team Lead at MagicBricks in Mumbai?
The average salary of a Team Lead at MagicBricks in Mumbai typically ranges from ₹4.1 Lakhs to ₹11.3 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Team Lead in Mumbai at MagicBricks earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹11.3 Lakhs per year. Team Lead 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 6 MagicBricks employees in India.
What is the estimated take home salary of a Team Lead at MagicBricks in Mumbai?
The estimated take-home salary of a Team Lead at MagicBricks in Mumbai typically ranges from ₹48,710 to ₹49,861 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from 6 years to 10 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 6 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 Team Lead at MagicBricks in Mumbai?
To be a Team Lead at MagicBricks in Mumbai, the key skills required include:

  • - Spring Mvc
  • - Home Loans
  • - Project Management
  • - Middleware
  • - REST API

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 Team Lead in India?
Tata CLiQ ₹16.5 Lakhs to ₹18.0 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 Team Lead in companies similar to MagicBricks in Mumbai?
The salary of a Team Lead at companies similar to MagicBricks in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BookMyShow ₹4.9 Lakhs to ₹9.4 Lakhs per year
Weddingz.in ₹4.8 Lakhs to ₹6.0 Lakhs per year
Cleartrip ₹4.0 Lakhs to ₹7.0 Lakhs per year
Impact Guru ₹3.6 Lakhs to ₹7.0 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 Team Lead at MagicBricks in Mumbai?
The salary growth for a Team Lead at MagicBricks in Mumbai depends on factors such as experience, performance, and promotions. On average, a Team Lead in Mumbai can expect the following growth trajectory at MagicBricks:

Experience Average Salary Range
6 years ₹4.1 Lakhs to ₹9.0 Lakhs per year
7 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
8 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
9 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
and so on.

Tell us how to improve this page.

MagicBricks Team Lead salary in Mumbai ranges between ₹4.1 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 MagicBricks latest salaries received from various employees of MagicBricks.