About Atluri Developers

Atluri Developers Pvt. Ltd. is a Hyderabad-based real estate development company focused on creating premium commercial and mixed-use developments. The company is currently developing Atluri Ascend, a Grade-A commercial destination at Hitec City that brings together office spaces, retail, hospitality, smart building systems, and the "Hotelification of Offices" concept to deliver an elevated workplace experience.

As part of its growth plans, Atluri Developers is strengthening its senior leadership team with an experienced real estate professional who can drive both existing developments and future business opportunities.

Position Overview

We are seeking an accomplished and commercially astute General Manager - Real Estate Development & Business Development with 15-20 years of comprehensive experience across the real estate development lifecycle.

The role requires a senior skilled with strong, hands-on exposure to business development, new project acquisition, land acquisition, JDA/JV transactions, project feasibility, financial modelling, funding, statutory approvals, design and development, project execution, leasing, sales, and asset monetization.

A key mandate of this position will be to proactively identify and evaluate new real estate opportunities and bring commercially viable projects to the company. The successful candidate should be capable of independently assessing an opportunity from development, financial, legal, regulatory, and commercial perspectives, preparing a comprehensive business case, and presenting recommendations to the promoters/senior management.

This is a business and development leadership role and not a construction-only position.

Key Responsibilities

Business Development & New Project Acquisition

- Proactively identify and source new real estate development opportunities across commercial, mixed-use, hospitality, redevelopment, and other strategically relevant asset classes.
- Identify potential land parcels, JDA/JV opportunities, redevelopment proposals, and other development opportunities aligned with the company's growth strategy.
- Evaluate potential projects from location, market, development potential, regulatory, financial, and commercial perspectives.
- Develop preliminary concepts and business proposals for identified opportunities, including potential product mix, development strategy, investment requirements,



revenue potential, and expected returns.
- Present new project opportunities and investment recommendations to the promoters/senior management for evaluation and approval.
- Build and maintain a strong network of landowners, brokers, consultants, developers, investors, financial institutions, corporate occupiers, and other stakeholders to create a sustainable pipeline of opportunities.

Land Acquisition, JDA & JV Transactions

- Lead negotiations with landowners for land acquisition, Joint Development Agreements (JDAs), Joint Ventures (JVs), revenue-share, area-share, and other development structures.
- Evaluate and recommend appropriate commercial structures considering project economics, investment requirements, risks, and expected returns.
- Coordinate technical, legal, financial, and regulatory due diligence prior to acquisition or transaction closure.
- Work closely with legal advisors and internal stakeholders on term sheets, development agreements, transaction documentation, and closure.

Project Feasibility & Financial Evaluation

- Lead the preparation of detailed project feasibility studies and investment proposals.
- Evaluate land cost, development potential, permissible built-up area, product mix, construction cost, project timelines, revenue assumptions, cash flows, funding requirements, and profitability.
- Review and analyse key financial metrics including IRR, ROI, project margins, cash flows, break-even, and sensitivity scenarios.
- Ensure that new projects meet the company's investment and profitability criteria before recommending them for approval.

Project Funding & Financial Coordination

- Develop appropriate funding strategies for projects in coordination with the finance team and senior management.
- Liaise with banks, NBFCs, financial institutions, investors, and other funding partners for project finance and structured funding requirements.
- Support preparation of financial information, project reports, feasibility documentation,



and presentations required for funding discussions.
- Monitor project-level budgets, cash flows, funding requirements, and financial performance.

Development & Project Management

- Provide leadership and oversight across the complete project development lifecycle - from conceptualization and design to approvals, procurement, construction, commissioning, and handover.
- Coordinate with architects, design consultants, project management consultants, contractors, vendors, and internal teams.
- Ensure projects are delivered in line with approved budgets, timelines, quality standards, design intent, and commercial objectives.
- Identify project risks at an early stage and implement appropriate mitigation measures.

Statutory Approvals & Regulatory Compliance

- Oversee and coordinate statutory and regulatory approvals required for project development.
- Work closely with liaison, legal, and technical teams for approvals from relevant authorities including GHMC, HMDA, RERA, Fire Department, environmental authorities, and other applicable agencies.
- Ensure projects remain compliant with applicable development regulations, statutory requirements, and legal obligations.

Leasing, Sales & Asset Monetization

- Work with the leadership and commercial teams to formulate appropriate leasing, sales, positioning, and monetization strategies for projects.
- Participate in strategic negotiations with corporate occupiers, retailers, hospitality operators, investors, channel partners, and other potential stakeholders.
- Evaluate market trends, rentals, absorption, competition, tenant requirements, and asset positioning to maximize project value.
- Support the development of strategies for long-term asset value creation and monetization.

Leadership & Stakeholder Management

- Provide leadership to cross-functional teams across business development, projects, finance, legal, liaison, design, leasing, and sales.
- Build effective working relationships with external consultants, government authorities, financial institutions, landowners, partners, and other key stakeholders.
- Establish clear accountability, coordination, and reporting mechanisms across functions.

Provide regular updates to promoters/senior management on new business opportunities, project progress, financial performance, key risks, and strategic priorities

📌 General Manager (Hyderabad)
🏢 Atluri Developers
📍 Hyderabad