Legal Head

3 weeks ago

Delhi, India Lokmanya Multipurpose Co-Op. Society Ltd Full time
Job description :
Experience : 10 Yrs & Above
Roles and Responsibilities:
● Understanding of laws and best practices in areas of real estate, banking and investment
● Conducting due diligence and obtaining title certificates for the lands to be procured.
● Experience in Title verification and Legal opinion on property matters taking care of different projects.
● Excellent drafting and negotiation skills for land acquisition documents, mergers and financing documents.
● Draft various documents for sale / lease of land to B2B customers, such as applications, MOU, allotment
letters, Agreements, Sale Deeds, Power of Attorney, Declaration, Indemnity etc.
● Registration of projects under the provisions of RERA, across India.
● Interactive with advocates and solicitors of the landowners for vetting of term sheets, agreements, lease
deeds etc., and closure of the same.
● Coordinate with internal teams for resolving queries/ issues of customers
● Coordinate with the registration department in getting the documents vetted and duly registered.
● Coordination with banks/financial institutions in security creation for availing financial facility, registration of
mortgages, discharges etc.
● Approval of marketing collateral and drafting replies to customer complaints.
● Drafting and vetting of various correspondences with contractors and suppliers etc.
● Providing updates on statutory changes having a bearing on the company's business.
● Set and guide policy for FDI in the company. Understanding of FDI regulations for real estate companies.
● Thorough Knowledge of identifying, understanding and analyzing all documents which lead to issuing a Legal
Opinion
● Must have worked as an independent Lawyer / Law Firm which specializes in issuing Legal Opinions
● To interact and work closely with multiple stakeholders (including internal and external) in relation to issuing
a Legal Opinion
● Should own up the responsibility of issuing a Legal Opinion to a Bank / NBFC
Desired Candidate Profile
● Enrolled as an Advocate with any State Bar Council
● Extensive knowledge in Indian real estate laws including RERA, the Transfer of Property Act, state rules and
regulations, Standardized Building Byelaws, Development Control Rules etc.
● Good analytical and comprehension skills with ability to identify critical issues and advise on means to
address or mitigate them.
● Knowledge of stamp duty and registration laws etc.
● Good written and verbal communication skills in regional language (like Hindi/Kannada/
● /Marathi)
● Carry out transactional work including but not limited to documentation and should be skilled in
negotiations and know-hows
● Understanding of the Real Estate business and Infrastructure
● Legal drafting skills based on the business model (JV, JDA, conveyance deeds, leased, etc.
● Understand the Legal/Revenue/Registration process pan-India.
● Understanding the transaction and requirement of the client and highlighting necessary points, in the title
due diligence reports.
● Knowledge of procedures of local bodies such as city urban development authorities, municipal corporations
etc across Karnataka, Maharashtra and Goa is a must.

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