Manager Legal and Land Purchase

5 days ago

Bengaluru, India SOBHA Full time

Key Responsibilities:

  • Land Acquisition:

  • Handle the legal aspects of land acquisition, including negotiating terms with landowners, stakeholders, and other entities.

  • Conduct title verification, due diligence, and research on land records to confirm the legitimacy of land ownership, encumbrances, and any legal issues.
  • Review and draft agreements related to land purchase, sale deeds, joint development agreements (JDAs), and related legal documents.

  • Coordinate with external consultants, surveyors, and authorities to acquire land for development, including clearances and approvals from local municipal authorities and regulatory bodies.

  • Due Diligence:

  • Perform detailed checks on land titles, land use, zoning regulations, and encumbrance certificates.

  • Liaise with government authorities to obtain no-objection certificates (NOCs), land conversion approvals, and any other regulatory documents.

  • Ensure that all land acquisition transactions comply with relevant real estate and land acquisition laws.

  • Non-Litigation Legal Work:

  • Manage and maintain documentation and legal records of land acquisitions, agreements, approvals, and clearances.

  • Oversee the execution of sale deeds, power of attorney, and other documents essential for land transfer.
  • Coordinate with internal teams and external legal advisors to ensure smooth and timely land transactions.

  • Ensure that all contracts and agreements adhere to current property laws and protect the company's interests.

  • Regulatory Compliance:

  • Monitor and ensure compliance with land acquisition laws, RERA (Real Estate Regulatory Authority) guidelines, and other local property laws in Bangalore and Karnataka.

  • Stay updated with changes in land-related laws, including updates to the Land Acquisition Act, RERA regulations, and other relevant acts.

  • Negotiation & Stakeholder Management:

  • Lead negotiations with property owners, developers, and other stakeholders to secure favorable land deals.

  • Develop and maintain relationships with local authorities, landowners, and real estate agents to streamline the acquisition process.

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