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Assistant Manager
2 weeks ago
Position :- DGM Land Acquisition
Reporting to :- Director
Role Brief:
Unique opportunity to assist the management with ongoing and future land parcel acquisitions for this financial year.
Take up the lead role in property acquisition plans for in & around Chennai .
Associate would be responsible to conduct market analysis, identify land parcels and perform feasibility studies for each potential deal.
In this role, business development would include deal sourcing, financial analysis, technical evaluation and maintaining a healthy deal pipeline would be critical aspects of this role.
Business Development :
Identifying & sourcing of quality supply of corporate, industrial, residential and commercial lands deals within & around Chennai.
Manage the entire process of land acquisition including land identification, financial valuation, best use analysis, target identification, deal structuring (Joint Development, JV, Outright, Redevelopment), negotiation, legal and commercial due diligence.
Ability to negotiate and finalise transaction with the land owner.
Ability to execute Land transactions such as land sale, development, redevelopment, joint ventures, auctions, etc.
Demonstrate strong business development activities through networking, industry seminars and other sources. Leverage existing and new relationships with developers and corporates particularly focussing on sourcing & origination of quality land supply
Networking with real estate intermediaries, Landowners, local brokers for identifying business opportunities.
Preparation of marketing materials such as presentations, proposals etc. Develop and execute parallel strategies for business development for responsible geography.
Responsibilities:
- Conduct regular market analysis and investigate land availability
- Monitor market activity including key property deals, pricing, value and trends
- Network with brokers to maintain market awareness and develop key contacts in our target market area
- Lead the preparation and maintenance of a database of available land opportunities
- Perform feasibility studies through site evaluation.
- Identify potential of business for a site and its potential post-construction
- Perform financial analysis for properties under consideration for purchase, including assessing values and preparing narrative reports for these properties
- Take care of the legal, techno-commercial contracts property feasibility and due diligence
- Proper technical due diligence which will result in zero litigation
- Prepare feasibility/approval schedules for contracted deals in the approval pipeline
Role Requirement:
Proactive, conscientious individual. Strong analytical, negotiation and stakeholder management skills.
Delvelop good understanding of the property market including regulations, recent trends, events and key business variables.
Ideal Candidate will be in similar capacity with 3 to 8 years experience from a leading Real Estate background.
