MagicBricks Territory Manager Salaries by 10 Employees

9 - 17 years exp.

₹9.2 Lakhs - ₹17.7 Lakhs

Salary of majority employees

78% more than the average Territory Manager Salary in Internet Companies for 9 - 17 years of experience

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Last Updated: 5 Sep 2023

Companies similar to MagicBricks for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Square Yards Territory Manager Salary 3 - 10 years exp. (27 salaries)	₹12 L/yr - ₹15 L/yr 1% more
NoBroker Territory Manager Salary 1 - 3 years exp. (6 salaries)	₹6 L/yr - ₹9.5 L/yr 45% less
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Quikr Territory Manager Salary 5 - 7 years exp. (5 salaries)	₹4.3 L/yr - ₹5 L/yr 64% less
StoreKing Territory Manager Salary 12 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹4.9 L/yr 67% less	7 job openings
Verse Innovation Territory Manager Salary 0 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 70% less

Territory Manager salary at MagicBricks ranges between ₹9.2 Lakhs to ₹17.7 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 10 latest salaries received from various employees of MagicBricks.

Experience wise MagicBricks Territory Manager salaries

Last Updated: 5 Sep 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹22.7 L/yr
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹23 L/yr
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11 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
12 years (3 salaries)	₹9.2 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
14 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹17.2 L/yr
15+ years (AmbitionBox Estimate)	₹5.5 L/yr - ₹17.7 L/yr

View all

Similar Designation salaries in MagicBricks

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Assistant Sales Manager Salary

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₹4 L/yr - ₹13.5 L/yr

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₹3.25 L/yr - ₹3.7 L/yr

Salary related reviews for MagicBricks

Senior Sales Manager in Hyderabad / Secunderabad

Full Time

Marketing & Communication Department

3.0

• posted on 02 Jul 2023

1.0

for Salary and Benefits

Likes

No likes for me at all everything is politics

Dislikes

No salary hikes at all.Name sake only it’s corporate company but they don’t treat us like corporate employees.No job security at all and no support from management and always they tell will keep you PIP and without informing you they will remove you from the company.

Salary - Bad

+6 more

Territory Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 28 May 2020

1.0

for Salary and Benefits

Likes

Magicbricks first done Salary cut from April few days after lockdown & after few days on 4th May done layoffs sacked in one day around 150 employees only from sales.

Dislikes

Magicbricks immediately after lockdown done salary cut after few days layoffs

Salary - Bad

+6 more

Sales Executive in Noida

Other Department

3.0

• posted on 23 Apr 2021

2.0

for Salary and Benefits

Likes

...rson, For company policies i work last two years still not able to understand. But in last i can say that you can survive in this company if you satisfied with minimum salary like between 13 to 16 k only.

Skill development - Good

Dislikes

Dislike like don't care about health, Like growth, like salary structure.

Salary - Poor

+2 more

Team Lead in Noida

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.

Dislikes

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

Salary - Bad

+6 more

Relationship Manager in Noida

Other Department

3.0

• posted on 23 May 2020

4.0

for Salary and Benefits

Likes

The company is good enough to start off your journey as a fresher they offer average salary 6 days working with rotational off, However generating lead pressure is far higher than what you actually can think of seems monotonous after working long period of time salary on time full politics culture no growths will remain the agent for a long time

Salary - Good

+2 more

Dislikes

Compansation is good

Promotions - Poor

+1 more

see more salary related reviews

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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MagicBricks Territory Manager Salary FAQs

What is the salary of Territory Manager at MagicBricks ?

The average salary of a Territory Manager at MagicBricks in India typically ranges from ₹9.2 Lakhs to ₹17.7 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Territory Manager at MagicBricks earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Territory 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 10 MagicBricks employees in India.

What is the estimated take home salary of a Territory Manager at MagicBricks in India?

The estimated take-home salary of a Territory Manager at MagicBricks in India typically ranges from ₹93,501 to ₹96,012 per month. This is based on the average salary range of ₹9.2 Lakhs to ₹17.7 Lakhs per year for employees with experience ranging from 9 years to 17 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 10 salaries received from various employees of MagicBricks. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MagicBricks for Territory Manager in India?

Square Yards

₹12.0 Lakhs to ₹15.0 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 Territory Manager in companies similar to MagicBricks in India?

The salary of a Territory Manager at companies similar to MagicBricks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NoBroker	₹6.0 Lakhs to ₹9.5 Lakhs per year
Quikr	₹4.3 Lakhs to ₹5.0 Lakhs per year
StoreKing	₹4.1 Lakhs to ₹4.9 Lakhs per year
Verse Innovation	₹3.5 Lakhs to ₹5.0 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 Territory Manager at MagicBricks in India?

The salary growth for a Territory Manager at MagicBricks depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at MagicBricks:

Experience	Average Salary Range
9 years	₹12.4 Lakhs to ₹22.7 Lakhs per year
10 years	₹9.2 Lakhs to ₹23.0 Lakhs per year
11 years	₹11.6 Lakhs to ₹14.8 Lakhs per year
12 years	₹9.2 Lakhs to ₹15.0 Lakhs per year

and so on.

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MagicBricks Territory Manager Salaries

MagicBricks Territory Manager salary in India ranges between ₹9.2 Lakhs to ₹17.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 MagicBricks latest salaries received from various employees of MagicBricks.