19 Aug
|
UK Realty
|
Mumbai
Role Overview
The Business Development Manager will play a critical role in expanding UK Realty’s development portfolio by identifying, evaluating, negotiating, and securing current real estate projects. The role requires strong market knowledge, relationship-building skills, financial understanding, and hands-on experience in land and redevelopment transactions in Mumbai.
Key Responsibilities:
** Project & Land Acquisition**
- Identify and source new development opportunities including:
- Greenfield land parcels
- Redevelopment / SRA projects
- Joint development agreements (JDA/JV)
- Conduct market intelligence and track upcoming opportunities across Mumbai and MMR.
- Build and maintain a strong pipeline of potential projects aligned with company strategy.
Deal Structuring & Negotiation
- Initiate discussions with landowners, societies, brokers, and other stakeholders.
- Lead negotiations on commercials, deal structures, and development terms.
- Assist in structuring JDAs, outright purchases, redevelopment agreements, and strategic partnerships.
- Coordinate with legal, finance, and technical teams for feasibility and due diligence.
Feasibility & Due Diligence
- Work with internal teams and consultants to:
- Conduct preliminary feasibility studies
- Assess FSI potential, zoning, regulatory constraints, and project viability
- Support financial modeling, cost estimates, and ROI analysis for proposed projects.
- Ensure thorough due diligence before deal closure.
Stakeholder & Relationship Management
- Develop strong relationships with:
- Landowners and housing societies
- Channel partners and brokers
- Architects, consultants, and local authorities
- Represent UK Realty in meetings, site visits, and negotiations.
Market Research & Strategy
- Monitor real estate market trends, pricing, regulatory changes, and competitor activity.
- Provide inputs to management on growth strategy, micro -market opportunities, and risk assessment.
- Prepare presentations, proposals, and internal reports for management review.
Key Performance Indicators (KPIs)
- Number of viable projects sourced and evaluated
- Successful closure of land/redevelopment/JDA deals
- Quality and profitability of acquired projects
- Strength of acquisition pipeline
- Speed and efficiency of deal execution
Required Qualifications & Experience
- Bachelor’s degree in Business, Real Estate, Finance, Engineering, Architecture, or related field
- MBA or specialization in Real Estate is a plus
- 5–10 years of experience in real estate business development or land acquisition
- Proven track record of closing real estate deals in Mumbai/MMR
- Strong understanding of:
- Mumbai real estate micro-markets
- Redevelopment and society negotiations
- Local regulations, DCPR, FSI norms, and approval processes
Key Skills & Competencies
- Strong negotiation and deal-closing skills
- Financial and commercial acumen
- Relationship management and stakeholder handling
- Analytical thinking and feasibility evaluation
- Excellent communication and presentation skills
- Self-driven, result-oriented, and comfortable working independently
📌 Business Development Manager (Mumbai)
🏢 UK Realty
📍 Mumbai