Head of Real Estate

2 weeks ago

Delhi, India Right Advisors Private Limited Full time

Position: Head of Real Estate

Industry: Hotel Construction and Development

Location: Delhi

Experience: 15+ years in real estate acquisition, development, and project execution, preferably in the hospitality sector


Role Summary:

The Head of Real Estate will lead and oversee all aspects of real estate development for a hotel construction company, including site acquisition, feasibility analysis, zoning, and project execution. This role demands strong strategic thinking, market insight, and leadership skills to ensure the successful delivery of projects aligned with the company’s vision for luxury and excellence.


Key Responsibilities:

Real Estate Strategy and Planning

  • Develop and implement a comprehensive real estate strategy to support the company's hotel construction objectives.
  • Identify potential markets for new hotel developments and create a pipeline of opportunities.
  • Conduct market research and feasibility studies to evaluate the profitability and viability of projects.

Site Acquisition and Development

  • Lead the identification, negotiation, and acquisition of land or properties suitable for hotel development.
  • Ensure compliance with zoning laws, building codes, and other regulatory requirements.
  • Build and maintain relationships with real estate brokers, developers, and government agencies to identify potential opportunities.

Financial and Legal Oversight

  • Prepare financial models and business cases for proposed projects, ensuring alignment with organizational ROI targets.
  • Negotiate purchase agreements, leases, and contracts with property owners and other stakeholders.
  • Oversee due diligence processes, including title verification, legal documentation, and environmental impact assessments.

Project Management

  • Collaborate with internal teams (e.g., design, construction, and operations) to ensure the seamless execution of projects from concept to completion.
  • Monitor project timelines, budgets, and quality standards to ensure alignment with company goals.
  • Take clearances from appropriate government authority
  • Address challenges and mitigate risks related to site development or project execution.

Stakeholder Management

  • Work closely with hotel operators to ensure that real estate developments align with brand standards and operational requirements.
  • Engage with investors, lenders, and financial institutions to secure funding for projects.
  • Present updates and reports to the executive team and board members on real estate progress and market trends.

Team Leadership and Development

  • Build and manage a high-performing real estate team, fostering a culture of accountability and innovation.
  • Mentor and guide team members in market analysis, negotiations, and project management.

Qualifications and Skills:

  • Bachelor’s or Master’s degree in Real Estate, Business Administration, Urban Planning, or a related field with 15+ years of experience.
  • Proven track record of leading large-scale real estate projects, particularly in the hospitality industry.
  • Strong understanding of market trends, zoning laws, and regulatory frameworks.
  • Excellent negotiation, communication, and stakeholder management skills.
  • Proficiency in financial modeling, project management tools, and legal documentation.
  • Ability to handle multiple projects and deliver results within tight deadlines.

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