Business Development Representative
1 week ago
Minimum 5+ years of experience
Key Responsibilities
- Lead negotiations and discussions with housing societies on behalf of the developer.
- Coordinate and manage communication between societies and developer to ensure alignment and smooth operations.
- Attend society meetings as the developer's representative, address concerns, and present proposals.
- Identify new redevelopment proposals and acquire new societies, plots, or projects for the organization's expansion.
- Possess a strong understanding of local bylaws, building/developer regulations, and approval processes.
- Track market activity, government notifications, and land parcel availability across MMR (MCGM, TMC, Navi Mumbai, etc.).
- Conduct market studies, micro-market analysis, benchmarking, and site assessments.
- Prepare project feasibility and financial analysis including DCF models, IRR calculations, revenue and cost estimates.
- Liaise with legal and liaisoning teams for title verification, zoning, and compliance with DCPR, UDCPR, BTAL, ALC, and other relevant laws.
- Conduct preliminary risk assessments (title, access, approvals, and location).
- Structure joint ventures, development agreements, and MoUs in line with ROI/IRR expectations.
- Drive documentation, 79A, DA closures, and society presentations.
- Develop and maintain a strong network of contacts within societies, municipal bodies, land aggregators, brokers, and the development community.
- Collaborate with internal teams including legal, technical, finance, sales, and marketing for deal execution.
- Provide regular updates and reports on ongoing deals, proposals, and project status.
Requirements
- Minimum 5+ years of experience in business development, preferably in real estate redevelopment or property development.
- Proven track record of sourcing and closing redevelopment/society deals.
- Strong financial acumen with experience in feasibility studies, DCF, IRR, and land valuation.
- Deep understanding of housing society functioning, bylaws, and developer regulations.
- Knowledge of local real estate laws, compliance processes, and approval frameworks.
- Strong negotiation, interpersonal, and stakeholder management skills.
- Established network within housing societies, landowners, municipal authorities, and the real estate ecosystem is a plus.
- Excellent communication, presentation, and coordination skills.
- Education: Bachelor's degree in Business, Real Estate, Urban Planning, or related field (MBA preferred).
- Preferred: Knowledge of Marathi, Hindi & English (spoken & written).
Job Types: Full-time, Permanent
Pay: ₹650, ₹950,000.00 per year
Benefits:
- Cell phone reimbursement
- Internet reimbursement
- Leave encashment
- Paid sick time
- Paid time off
Work Location: In person
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