bot

Who We Are

Magicrete Building Solutions is India's largest AAC Blocks manufacturer and a significant player in AAC Wall Panels, Construction Chemicals, and Precast Construction Technology, transforming the construction landscape of India. Found in 2008 by a dynamic team of alumni from IIT Kharagpur, IIT Delhi, and IIM Lucknow, our vision is 'to help people build their homes better, faster & cheaper using innovative construction technologies'. Magicrete has contributed to the construction of over 1 million homes and projects valued at INR 1.5 trillion in the past decade.

Recognized for our groundbreaking contributions, Magicrete proudly boasts multiple prestigious accolades, including 'Best Realty Brand' by ET Edge, 'India’s Top Innovative MSMEs' by ET Rise, 'Most Promising Brand' by Global Real Estate Congress and many more.

In a testament to our innovation and prowess, Magicrete clinched victory in the Global Housing Technology Challenge, a feat organized by the Ministry of Housing & Urban Affairs. The challenge demanded the construction of 1000 houses in Ranchi within a year, accomplished flawlessly through our advanced 3D Modular Technology.

Energized by these triumphs, Magicrete is poised to catalyze the 'Housing for All' initiative. Our products are instrumental in numerous affordable housing ventures nationwide, illuminating the prospects for both urban and rural homeowners in the forthcoming years across India. With a steadfast commitment to excellence and innovation, Magicrete is pioneering a brighter future for the construction industry and homeowners alike.

+ Read More - Read Less
Who We Are

Our Journey

Our Journey Through Time - Where Innovation Meets a Rich History in Construction Excellence.

2008
2012
2013
2014
2019
2020
2022
2023
2024

2008

Sourabh Bansal, Puneet Mittal, and Sidharth Bansal, Co- founders, Magicrete spot a promising market for AAC blocks to replace the $10 bn industry of Red Clay Bricks. Sets up first AAC blocks factory of 150,000 CBM at Surat, Gujarat.

2012

Magicrete increases its annual capacity to 400,000 CBM, making the Surat plant India’s Largest single-location AAC plant.

2013

Motilal Oswal Private Equity invest in Magicrete. Set up another AAC blocks factory on 4,00,000 CBM at Jhajjar, Haryana.

2014

Launch of Ready mix plaster and Wall putty and Precast Construction.

2019

Won Global Housing Technology Challenge (GHTC) organized by MoHUA to build 1000+ homes in Ranchi with 3D Modular Technology.

2020

Launch of Tile & stone fixing solutions and Waterproofing solutions.

2022

Commision new AAC Unit at Wada, Maharashtra making Magicrete largest producer AAC Blocks with an annual capacity of 13,00,000 CBM.

2023

India SME, a PE fund Invests in Magicrete.

2024

Magicrete acquires majority stake in AAC Blocks manufacturer Maxlite

Why Magicrete

India's Largest AAC Blocks Manufacturer with 18,00,000 CBM Annual Installed Capacity

India's Largest AAC Blocks Manufacturer with 18,00,000 CBM Annual Installed Capacity

First AAC Company to provide complete Walling Solution Range of Products

First AAC Company to provide complete Walling Solution Range of Products

Wide Range of Products, Building Better, Building Smarter

Wide Range of Products, Building Better, Building Smarter

ISI Certified Solutions, Uncompromising Quality

ISI Certified Solutions, Uncompromising Quality

Setting the Benchmark in Quality, Manufacturing Grade #1 Building Materials

Setting the Benchmark in Quality, Manufacturing Grade #1 Building Materials

Present in top 120 Indian Cities through 5000+ Retail Outlets

Present in top 120 Indian Cities through 5000+ Retail Outlets

Material, 33% Higher Strength

Material, 33% Higher Strength

Strategically Located within 250kms of Major Urban Cities and Thermal Power Plants

Strategically Located within 250kms of Major Urban Cities and Thermal Power Plants

Our Bit For Environment

Magicrete stands as a trailblazer in India's sustainability movement, driven by the mission to eradicate clay bricks that harm cultivable soil. Our solution lies in Aerated Autoclaved Concrete blocks, a superior alternative that recycles fly ash, a byproduct generated in steel furnaces.

Fly Ash Consumption

Fly Ash Consumption

30,21,190 MT+
Energy Saved

Energy Saved

1,449 MW+
Coal Saved

Coal Saved

28,16,961 MT+
Soil Erosion Prevented

Soil Erosion Prevented

71,47,031 CBM+
CO<sub>2</sub> Emission Averted

CO2 Emission Averted

68,17,044 MT+

Key Achievements

Magicrete's Key Achievements Illuminate a Path of Innovation and Success in Construction.

10 lacs+ Homes Built

10 lacs+ Homes Built

Over the past decade, Magicrete has contributed to the construction of 10 lacs+ homes in India, showcasing unparalleled reliability.

18,00,000 CBM/annum AAC Blocks Manufacturing

18,00,000 CBM/annum AAC Blocks Manufacturing

India's largest AAC Blocks manufacturer boasts an impressive annual production capacity of 18,00,000 CBM, solidifying its leadership position.

Present in 120+ Top Indian Cities

Present in 120+ Top Indian Cities

Magicrete dominates 120+ Indian cities, reaching customers through an extensive network of over 5000 retail channels.

68 million+ MT CO₂ Emission Averted

68 million+ MT CO₂ Emission Averted

Magicrete achieves an impressive 68 million+ MT of CO₂ emissions averted, showcasing a significant environmental impact.

Our Key People

Awards & Recognitions

Magicrete's Triumphs: Celebrating Excellence and Recognition.

Business World BW

Awarded BW 40Under40 Disrupt Award in 'Recognizing Future Masters of the Indian Startup Sector' By BW Business World

Great Place to Work Institute

Granted "Great Place to Work Certification" by Great Place to Work Institute, India -2022.

ET Rise

Awarded 'India's Top Innovative MSME's 2021' by ET Rise.

Realty+

Awarded 'Emerging Real Estate Leaders 40 Under 40, 2021' by Realty+.

The Global Real Estate Congress

Awarded the 'Most Promising Brand 2019' (Building Material) by The Global Real Estate Congress.

ET Now

Awarded 'Most Preferred Brand' by Real Estate Sector (Bricks/Blocks)- 2018 by ET Now

VC Circle

Finalists in VC Circle, Manufacturing "Startup of the year 2014".

Forbes

Shortlisted by Forbes as 'Startup of the Year 2015' along with Ola, Snapdeal & Quickr.

CNBC

Featured in "Awaaz Entrepreneur" on CNBC-TV 18.