# Magicbricks and RICS India sign MoU for data-driven real estate research 2026-08-21T09:00:06+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Magicbricks and the Royal Institution of Chartered Surveyors (RICS) India on Wednesday signed a one-year non-commercial MoU to jointly produce real estate research, market studies and indices. Magicbricks will supply its structured property data and lead report writing, while RICS will review, validate and lend analytical expertise. Co-authored reports, white papers and indices will carry co-branding. Data shared under the collaboration excludes sensitive personal information such as names and contact numbers, with raw data kept confidential. Intellectual property on joint outputs will be shared, but RICS retains rights to its underlying methodologies. The MoU is valid for one year and may be extended by mutual consent. ## Indian Opinion Analysis Indian Opinion Analysis: The partnership comes as India’s real estate sector pushes for more standardised data to support policy decisions and investment. Magicbricks competes with platforms such as Housing.com and 99acres, making its proprietary transaction data a valuable asset. RICS, a UK-based professional body, brings validation that can enhance credibility with institutional investors. The one-year term with renewal option leaves room to test demand for joint indices. Watch for a first report around a policy event such as the next RBI financial stability review, where housing data often features. A jointly produced price index would be the clearest signal the collaboration is delivering. ## Coverage - timesnownews.com Leads with the MoU signing date and commercial-neutral framing of a data-sharing collaboration, no government figure or policy critique is present. This story was synthesised by AI from the source linked above. Tags: Magicbricks, MoU, real estate, RICS India Canonical: https://indianopinion.org/magicbricks-and-rics-india-sign-mou-for-data-driven-real-estate-research/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/magicbricks-and-rics-india-sign-mou-for-data-driven-real-estate-research/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/