A search based algorithm has been introduced by us [1] to generate all perfect matchings on a graph. This paper presents a modified search that employs novel heuristics for rapid generation. This is done by an intelligent selection of edges for generating the branch nodes of the associated semantic tree. A priori time complexity of the algorithm is nonlinear with respect to output size even after the implementation of these heuristics, but it ensures generation of the optimal search tree in O(c * e log v) time. This drastically reduces the time requirements, without compromising O(e) space complexity of the algorithm.