Vice President, Real Estate Sourcing Lead, CRE Strategy (Mumbai)

Vice President, Real Estate Sourcing Lead, CRE Strategy (Mumbai)

10 Aug
|
DBS Bank
|
Mumbai

10 Aug

DBS Bank

Mumbai

Job Purpose
The Real Estate Sourcing Resource is responsible for identifying, evaluating, and negotiating rental and lease premises for the bank's branch, offices, and ATM network. The role requires a robust understanding of the rental real estate market across major metro cities as well as rural and semi-urban locations, along with at least 12-14 years of prior experience working within a local Indian bank's premises, administration, or facilities function. The incumbent will act as the primary liaison between the bank, property developers/owners, brokers, and local communities to secure premises on terms most favourable to the bank.
This role involves frequent local travel across metro and rural/semi-urban markets, on-site property visits, and regular interaction with external parties including developers, brokers, and local communities, as well as internal teams such as consumer business, finance, legal, and compliance

Job Duties , responsibilities & Requirements
Source, shortlist, and evaluate potential rental properties for new and relocated bank branches, offices, ATMs,



and back-office facilities across assigned metro and rural/semi-urban locations.
Lead rent negotiations with landlords, property owners, and developers to secure optimal rental rates, escalation clauses, lock-in periods, and lease terms in the bank's favour.
Maintain up-to-date, detailed knowledge of prevailing rental rates, vacancy trends, and market benchmarks across major metros (e.g., Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kolkata) and tier 2-3 locations especially in South India.
Build and maintain relationships with real estate developers, brokers, local property owners, and community stakeholders to gain early visibility into upcoming inventory and market trends.
Conduct site visits and feasibility assessments covering location suitability, footfall potential, accessibility, parking, statutory compliances, and building/structural fitness.
Coordinate due diligence on sho

📌 Vice President, Real Estate Sourcing Lead, CRE Strategy (Mumbai)
🏢 DBS Bank
📍 Mumbai

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