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Manager / Lead - Land Acquisition

4 weeks ago

Bengaluru, India Elevation HR LLP Full time

Position Title: Land Acquisition​ Manager /Lead

Location: Chennai/Bangalore

Job Overview:

Land Acquisition for Residential Properties is responsible for identifying, evaluating, and securing land parcels for residential development projects. This role involves strategic decision-making, negotiations, due diligence, and working closely with internal and external stakeholders to ensure the acquisition of land that aligns with the company's development objectives. The ideal candidate will have extensive knowledge of the real estate market, zoning regulations, land-use planning, and financial feasibility of land acquisitions.

Key Responsibilities:

1.Land Identification and Sourcing:

proactively identify potential land parcels for residential development through market research, networking, and industry contacts. build relationships with landowners, brokers, and developers to source new opportunities. Analyse market trends and property values in targeted areas to identify prime land acquisition opportunities.

2.Due Diligence:

conduct thorough due diligence on prospective land acquisitions, including zoning analysis, environmental assessments, legal compliance, and feasibility studies. Collaborate with internal teams (legal, finance, planning, and development) to evaluate the financial viability and risks associated with each project. Ensure all regulatory approvals, permits, and zoning changes are obtained prior to finalizing acquisitions.

3.Negotiation and Transaction Management:

Lead negotiations with landowners, developers, and legal teams to secure favorable terms for land acquisition deals. Manage the preparation of purchase agreements, contracts, and other legal documents. Ensure that all transactions comply with corporate policies, legal requirements, and budgetary constraints.

4.Strategic Planning:

Develop and implement land acquisition strategies that align with the company's short-term and long-term development goals. Monitor and evaluate the performance of acquired land parcels to ensure they meet the company's financial and strategic objectives. Recommend adjustments to acquisition strategies based on market conditions and project pipeline needs.

5.Stakeholder Management:

Liaise with local government agencies, zoning boards, and other regulatory

bodies to facilitate the approval and development process. Collaborate with architects, engineers, and other consultants to evaluate land development potential and site planning.

Maintain strong relationships with internal stakeholders, including senior management, finance, and development teams.

6.Reporting and Budgeting:

Prepare detailed reports on land acquisition opportunities, including financial analysis, risk assessments, and development potential. Manage the land acquisition budget, ensuring expenditures are within allocated resources and aligned with company financial targets. Provide regular updates to senior leadership on land acquisition progress and upcoming opportunities.

Required Qualifications:

∙Education: Bachelor's degree in real estate, Urban Planning, Business, Finance, or a related field or Any Degree. A master's degree or relevant certifications (e.g., MRICS, CCIM) is a plus.

∙Experience:

5+ years of experience in land acquisition, real estate development, or related fields, with at least 5 years in a leadership role. Proven track record of successfully negotiating and closing large-scale land acquisitions for residential developments. In-depth knowledge of local real estate markets, land-use planning, zoning regulations, and environmental laws.

∙Skills:

Strong negotiation and communication skills with the ability to influence stakeholders at all levels. Expertise in financial modeling and feasibility analysis for real estate projects. Excellent organizational and project management skills with the ability to handle multiple projects simultaneously. Proficient in using real estate and financial software tools.

Personal Attributes:

∙Strategic thinker with a results-oriented mindset.

∙Strong leadership and team management capabilities.

∙Self-motivated and proactive in seeking new opportunities.

∙High attention to detail and ability to work under tight deadlines.

This job description outlines the general duties, responsibilities, and qualifications required for this position but is not exhaustive. The company reserves the right to amend or change the responsibilities based on business needs.

Job Type: Full-time

Pay: ₹2,000, ₹2,500,000.00 per year

Work Location: In person