
Land Development Specialist
2 days ago
The role of Land Acquisition Manager involves sourcing, evaluating, and negotiating land parcels for layout and apartment projects in the Bangalore region. A strong market network, sharp negotiation ability, and thorough knowledge of legal and regulatory processes are essential.
Key Responsibilities:- Market Scouting & Land Identification:
- Scan Bangalore & peripheral corridors (Hoskote, Anekal, Budigere, Whitefield, Kanakapura, Devanahalli)
- Build and maintain broker, agent & landowner relationships.
- Shortlist lands based on RMP, FAR, zoning, and connectivity
- Deal Structuring & Negotiation:
- Negotiate outright purchases & JD agreements
- Structure goodwill payments, advance terms, revenue-sharing ratios
- Ensure favorable terms aligned with company objectives.
- 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
- Work with finance on funding needs & JD profitability
- Presentation of acquisition proposals to management.
- Stakeholder Management:
- Build relationships with landowners, brokers, panchayats, government authorities.
- Resolve conflicts, ensure smooth transactions.
- Maintain confidentiality & integrity during negotiations.
- Reporting & Pipeline Management:
- Maintenance of land pipeline tracker (shortlisted, negotiated, finalized)
- Weekly reporting to General Manager/Director
- Tracking competitor acquisitions & market benchmarks.
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