
Senior Land Sourcing Specialist
2 days ago
The Land Acquisition Manager role is a critical component in building the company's project pipeline and driving revenue growth.
This position involves sourcing, evaluating, and negotiating land parcels for layout and apartment projects in Greater Bangalore.
The ideal candidate will possess strong market scouting and deal structuring skills, with the ability to build and maintain relationships with landowners, brokers, and other stakeholders.
The successful applicant will be responsible for coordinating title clearance, encumbrance checks, khata verification, and managing approvals from various authorities.
In addition, they will prepare land feasibility reports, work with finance on funding needs and JD profitability, and present acquisition proposals to management.
Key responsibilities include:
- Market Scouting & Land Identification
- Scan Bangalore & peripheral corridors (Hoskote, Anekal, Budigere, Whitefield, Kanakapura, Devanahalli)
- Build and maintain broker, agent & landowner network.
- 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 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
- Work with finance on funding needs & JD profitability
- Present acquisition proposals to management.
- Stakeholder Management
- Build relationships with landowners, brokers, panchayats, govt. authorities.
- Resolve conflicts, ensure smooth transactions.
- Maintain confidentiality & integrity during negotiations.
- Reporting & Pipeline Management
- Maintain land pipeline tracker (shortlisted, negotiated, finalized)
- Provide weekly reports to GM/MD
- Track competitor acquisitions & market benchmarks.
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