The Land Acquisition and Joint Development AVP will play a pivotal role in driving the company’s growth by identifying, evaluating, and securing land parcels for development. This position requires a strong focus on networking, lead generation, negotiation, and closing land deals. The ideal candidate will possess a proven ability to navigate complex land transactions, maintain relationships with key stakeholders, and have a foundational understanding of legal due diligence.
Key Responsibilities :
- Networking and Lead Generation : Actively build and leverage a robust network of contacts within the real estate industry, including developers, institutional partners, Land Brokers, and government authorities, to generate leads for land acquisition opportunities.
- Deal Negotiation and Closure : Lead negotiations with landowners, developers, and channel partners to secure land deals that align with the company’s strategic objectives. Demonstrate exceptional negotiation skills to close complex transactions efficiently.
- Land Acquisition Strategy : Develop and implement strategic plans for land acquisition, focusing on high-potential areas that align with the company’s growth goals.
- Market Research : Conduct comprehensive market analysis to identify valuable land parcels. Assess market trends, land values, Development feasibility, and legal considerations to inform acquisition decisions.
- Legal Due Diligence : Well versed with legal due diligence process for land acquisitions, including title verification, regulatory compliance, and risk assessment.
- Joint Development Ventures : Structure and manage joint development agreements with landowners and partners. Aware of all processes & challenges of a JD and has the ability to find alternatives advantageous for the company.
- Regulatory Compliance : Oversee that all land acquisition and development activities comply with relevant local, state, and national regulations.
- Stakeholder Management : Maintain and nurture relationships with key stakeholders, ensuring strong communication and collaboration throughout the land acquisition process.
- Feasibility Assessment : Evaluate the feasibility of proposed land acquisitions, including potential return on investment and suitability for various types of development.
- Project Management : Manage the entire process of land acquisition and joint development, from initial lead generation to final deal closure, ensuring projects get started on time.
- Risk Management : Identify potential risks in land acquisition and development projects and implement strategies to mitigate these risks effectively.
Qualifications :
Educational Background : Bachelor's or Master's degree in Real Estate, Urban Planning, Business Administration, Law, or a related field.Experience :
Minimum of 15yrs years of experience in land acquisition, real estate development, or related fields.Proven track record of successfully closing significant land deals and managing joint development projects.Technical Skills :
Strong understanding of land acquisition processes, market analysis, Development feasibility knowhow & fair understanding of legal frameworks, and regulatory compliance.Expertise in Initial land title assessment, feasibility studies, and project management.Negotiation Skills :
Exceptional negotiation abilities, with a focus on closing complex land deals and joint development agreements.Networking : Extensive network of industry contacts, including developers, institutional partners, and government authorities, with proven ability to generate leads and close deals.Analytical Ability : Strong analytical skills to assess land potential, market trends, and financial feasibility.Communication Skills : Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.Preferred Experience :
Real Estate Developers : Experience in closing land deals with leading real estate developers.Institutional Channel Partners : Experience working with institutional partners for land transactions.Domestic Channel Partners : Proven experience in collaborating with domestic partners on land acquisition and joint development projects.Regional Expertise : In-depth knowledge of the Bengaluru real estate market and its regulatory environment.