
Land Acquisition Specialist
2 days ago
The Land Acquisition Manager plays a pivotal role in securing, evaluating, and negotiating land parcels for development projects in the Bangalore region.
This position demands a strong market network, sharp negotiation skills, and in-depth knowledge of legal and regulatory processes.
Key Responsibilities:- Market Scanning & Land Identification:
- Scan Bangalore and surrounding areas to identify potential lands.
- Develop and maintain relationships with brokers, agents, and landowners.
- Shortlist lands based on RMP, FAR, zoning, and connectivity.
- Deal Structuring & Negotiation:
- Negotiate outright purchases and joint development agreements.
- Formulate goodwill payments, advance terms, revenue-sharing ratios.
- Ensure favorable terms aligned with business goals.
- Legal & Regulatory Due Diligence:
- Coordinate title clearance, encumbrance checks, khata verification.
- Manage BBMP, BMRDA, BDA, KIADB, and RERA approvals.
- Verify zoning, DC conversion, FAR utilization, TDR applicability.
- Financial & Feasibility Analysis:
- Prepare land feasibility reports with ROI/IRR/payback.
- Collaborate with finance on funding requirements and JD profitability.
- Present acquisition proposals to management.
- Stakeholder Management:
- Build relationships with landowners, brokers, panchayats, government authorities.
- Resolve conflicts, ensure smooth transactions.
- Maintain confidentiality and integrity during negotiations.
- Reporting & Pipeline Management:
- Maintain a land pipeline tracker (shortlisted, negotiated, finalized).
- Provide weekly reports to senior management.
- Track competitor acquisitions and market benchmarks.
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