Manager/Sr.Manager - Land Acquisition

Job Description

Survey the environment to identify and benchmark best practices, latest developments and potential areas of growth in the real estate industry. Liaise and strengthen relationships within the developer and investor community including Property consultants, lawyers, architects, government authorities, builders, agents, etc. Conduct regular micro-market research and provide business leads to the Head - Business Development Identify lands across the targeted regions and evaluate their feasibility for procurement, including the surrounding area of existing lands; Build a business case to secure top management approval for the same Conduct square feet analysis and market analysis for targeted sites Liaise and coordinate with local architects to gain a thorough understanding of the initial feasibility of construction on the target land (applicable laws, construction activity permissible etc.) Liaise and build relationships with local property consultants & agents to acquire business leads and secure sufficient lead time for Aparna to make procurement decisions Provide information on legal and liasioning matters to Head BD to be submitted to Legal and Liasioning department. Work closely with the Legal and Liasioning Department to ensure comprehensive due diligence, vetting of land documents/ MOUs, obtaining approvals, clearances and addressing litigation issues with land owners Conduct initial property inspection and identify areas of ambiguity and issues based on existing checklists; Continuously review and update the checklist based on industry trends and best practices Assist in the development of internal processes, methodologies and / or checklists for: a) Conducting property inspection b) Information sources for conducting a feasibility study c) Conducting a Feasibility Study Risk Assessment and Mitigation (Natural, Political, Economic, Legal / Regulatory, Ownership and Corporate Governance) Undertake the preparation of periodic status update reports on deal pipeline for the Top Management. Conduct market benchmarking and survey for potential new projects/ ongoing projects. Negotiate rates and payments terms along with Head BD and land owners Drive maximization of returns within the given outlay for land acquisition. Develop the Department budget and ensure adherence to the same. Build relationship with stakeholders and develop an effective broker network to facilitate land acquisition and to build a strong channel for market information Timely completion of PMS for self/ subordinates Assess and fulfil training and career development requirements for self and subordinates. Foster an environment of learning, excellence and innovation within all aspects of team