About Magnus

Magnus Group is a dynamic and growing real estate organization committed to delivering high-quality residential and commercial projects. With a strong focus on customer satisfaction, transparency, and innovation, we aim to create value-driven real estate solutions. Our team thrives on professionalism, market expertise, and a forward-thinking approach.

Why Should You Join Us

· Opportunity to work with a fast-growing and ambitious real estate company

· Open and performance-driven work culture

· Attractive compensation with growth potential

· Leadership exposure and career growth opportunities

· Opportunity to work on premium residential redevelopment projects

· Collaborative environment that encourages innovation and ownership

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Job Details

Position: Business Development Manager – Residential Redevelopment

Experience: 3–7 Years

Location: Borivali West , Mumbai.

Salary: Open for discussion (based on experience & performance)

Key Responsibilities

Project Sourcing & Evaluation

· Sourcing redevelopment opportunities (Societies, MHADA, cess properties).

· Conducting initial site visits and property assessments.

· Analyzing market trends and tracking competitor activities.

· Evaluating financial feasibility and project profitability.

Regulatory & Compliance Management

· Applying DCPR (Development Control and Promotion Regulations) guidelines.

· Assessing permissible FSI, TDR, and premium calculations.

· Staying updated on government rules, policies, and RERA regulations.

· Ensuring all proposals align with current civic body norms.

Cross-Functional Coordination

· Collaborating with Liaison teams for regulatory approvals.

· Partnering with Legal teams for title due diligence.





· Working with Architecture teams on optimum layout planning.

· Coordinating with Project teams for construction cost estimates.

Stakeholder Management

· Pitching redevelopment proposals to housing society committees.

· Addressing member grievances and conducting society meetings.

· Negotiating commercial terms, corpus funds, and rent displacements.

· Building relationships with local authorities, brokers, and landlords

Skills & Knowledge Requirements

· Strong knowledge of residential redevelopment projects and society acquisition processes.

· Positive understanding of FSI, DCPR regulations, redevelopment norms, and project feasibility.

· Excellent communication, negotiation, and relationship-building skills.

· Ability to interact effectively with society members, managing committees, and key decision-makers.

· Strong networking skills with brokers, consultants, architects, and industry professionals.

· Proficiency in MS Office and CRM tools.

· Strong presentation and stakeholder management abilities.

· Self-driven, target-oriented professional with a proven track record in project acquisition.

Preferred Qualifications

· Graduate in any discipline.

· MBA in Marketing, Business Development, or Real Estate preferred.

· Proven experience in sourcing and acquiring residential redevelopment projects in Mumbai/MMR region.

Key Success Metrics

· Number of redevelopment opportunities sourced.

· Society meetings and stakeholder engagements conducted.

· Redevelopment mandates acquired.

· Development Agreements executed.

· Project acquisition pipeline value generated.

· Contribution to overall business growth and project expansion.

Pay: ₹55,000.00 - ₹75,000.00 per day

Work Location: In person

📌 Society Redevelopment / Land Aquisition (Borivali)
🏢 Magnus 3PL
📍 Borivali