Real Estate Manager

3 hours ago

Mumbai, Maharashtra, India Hire22 Full time ₹ 15,00,000 - ₹ 25,00,000 per year

We are looking for a Business Development Manager with 2-6 years of real estate experience, based in Mumbai, to drive sourcing and deal negotiations.

Key Responsibilities:

  • Identify and source land, redevelopment, JD-JV, and SRA opportunities for investment and development.
  • Compute Floor Space Index (FSI), fungible FSI, Transfer of Development Rights (TDR), and interpret Development Control and Promotion Regulations (DCPR/DCR).
  • Prepare detailed profitability statements, financial models, and cash flow projections.
  • Conduct financial feasibility studies including Net Present Value (NPV), Internal Rate of Return (IRR), and sensitivity analysis.
  • Manage deal structuring and negotiations, covering outright purchase, JD, JV, and revenue-sharing models.
  • Coordinate due diligence processes, including RERA compliance, legal approvals, and other necessary documentation.
  • Provide market intelligence related to pricing, absorption rates, and competitor launches to guide decision-making.
  • Develop and maintain strong relationships with brokers, landowners, and key stakeholders to source opportunities.
  • Monitor key performance indicators (KPIs) such as value and conversion of the deal pipeline, accuracy of financial assumptions, and timely deal closures.

Key Skills

  • Strong grasp of
    FSI/DCPR
    .
  • Financial modelling (Excel-based).
  • Market sourcing & broker/landowner network.
  • Negotiation & stakeholder management.
  • Excellent communication & presentation skills.

KPIs

  • Value & conversion of deal pipeline.
  • Accuracy of FSI & financial assumptions.
  • Timeliness of closures.
  • Quality of market intelligence.

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