Land Acquisition Manager

Job Description: Land Acquisition Manager/Specialist

Location: Coimbatore, Tamil Nadu, India

Industry Preference: Real Estate

Job Summary

The Land Acquisition Manager/Specialist will be responsible for identifying, evaluating, negotiating, and securing land parcels for the company's future development projects (e.g., residential, commercial, industrial, or infrastructure). This role is critical for the organization's growth and requires a deep understanding of the Coimbatore and regional real estate market, legal procedures, and local regulations.

Key Responsibilities

1. Sourcing and Research :

2. Identify Land Opportunities: Proactively source potential land acquisition targets in and around the Coimbatore region that align with the company's strategic growth objectives and business plans.

3. Market Analysis: Conduct comprehensive market research and feasibility studies, including analysis of land availability, prevailing market prices, competitor activities, and development trends.
4. Site Evaluation: Perform regular site visits and preliminary assessments of identified land parcels, evaluating factors like accessibility, connectivity, topography, surrounding infrastructure, and development potential for the intended use.

5. Data Utilization: Utilize tools like GIS, Google Earth, and local municipal maps to gather and analyze technical data (utilities, zoning, floodplains, net acreage).

6. Due Diligence and Compliance :

7. Documentation: Collect and scrutinize all necessary documents related to land ownership, title, and legal history, coordinating with legal counsel to ensure clean and marketable titles.

8. Due Diligence Management: Oversee and manage the complete due diligence process, including:

9. Zoning and Land Use analysis to ensure compliance with local planning and regulatory requirements.

10. Coordination of technical assessments (e.g., environmental reports, soil tests, surveys, preliminary engineering plans) with internal and external engineering/consultant teams.

11. Regulatory Adherence: Ensure all land acquisition activities adhere to local, state, and central government laws and regulations, including those specific to land ceiling, transfer of property, and development permits.

3. Negotiation and Transaction :

• Relationship Management: Develop and maintain strong, professional relationships with landowners, brokers/agents, local government officials (e.g., municipal/corporation/panchayat authorities), engineers, and other key stakeholders in the Coimbatore real estate community.
• Negotiation: Lead and execute all negotiations for the purchase or long-term lease of land, ensuring terms and pricing are financially advantageous and aligned with the company's approved budget.

• Contract Finalization: Assist the legal team in drafting, reviewing, and finalizing Letters of Intent (LOI) and Purchase/Sale Agreements (PSA) to ensure all contractual terms are complete and favorable.

• Reporting and Administration

• Financial Analysis: Prepare detailed financial proformas and investment analysis to determine the financial viability of proposed acquisitions, including cost estimations for acquisition, development, and municipal fees.

• Reporting: Prepare and present detailed acquisition proposals and reports to senior management, highlighting risks, opportunities, financial projections, and strategic alignment.
• Record Keeping: Maintain accurate and comprehensive records, transaction logs, and databases for all land acquisition activities and documentation.
• Exceptional Negotiation and persuasive communication skills (verbal and written, preferably in English and Tamil).
• Strong analytical and financial modeling skills for feasibility assessment.
• Proven ability to manage due diligence processes and work collaboratively with legal, finance, and engineering teams.
• High ethical standards and integrity in dealing with confidential transactions and multiple stakeholders.
• Proficiency in MS Office Suite (especially Excel) and familiarity with mapping tools (e.g., Google Earth, GIS).

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