
Acquisition Specialist
1 week ago
Job Overview:
The Land Acquisition Manager will be responsible for procuring, assessing, and negotiating land plots for residential projects in the Greater Bangalore region. This role demands a strong market network, sharp negotiation skills, and thorough knowledge of legal and regulatory processes.
Key Responsibilities:
- Market Scouting & Land Identification
- Identify potential lands in Bangalore and its periphery (Hoskote, Anekal, Budigere, Whitefield, Kanakapura, Devanahalli)
- Establish 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.
- Structure goodwill payments, advance terms, and revenue-sharing ratios.
- Ensure favorable terms aligned with company goals.
- Legal & Regulatory Due Diligence
- Coordinate title clearance, encumbrance checks, and khata verification.
- Manage BBMP, BMRDA, BDA, KIADB, and RERA approvals.
- Verify zoning, DC conversion, FAR utilization, and TDR applicability.
- Financial & Feasibility Analysis
- Prepare land feasibility reports with ROI/IRR/payback.
- Work with finance on funding needs and Joint Development profitability.
- Present acquisition proposals to management.
- Stakeholder Management
- Build relationships with landowners, brokers, panchayats, and government authorities.
- Resolve conflicts and 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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