24 Sep
|
Eventrics Multi Tasking Solutions
|
Jaipur
24 Sep
Eventrics Multi Tasking Solutions
Jaipur
JK Jajoo Ventures Pvt. Ltd., through its flagship brand The House of Shubhashish is one of Rajasthan's most respected real estate organisations — known for quality-driven residential and commercial developments, transparent business practices, and a bold growth agenda. The group operates across Real Estate, Airport Ground Handling (BKJ Airports), IT Services, Logistics, and Wealth Management.
With an ambition to deepen its footprint in Jaipur and expand into new markets including Indore, Mumbai, and other high-potential cities, land acquisition is the foundational engine of the organisation's next phase of growth.
ROLE PURPOSE The Head — Land Acquisition will serve as the strategic and operational leader of The House of Shubhashish entire land pipeline — owning the mandate to identify, evaluate, negotiate, and close land opportunities at scale across Jaipur and target expansion cities. Beyond deal execution, the incumbent will be responsible for building a high-performing land acquisition team, institutionalising processes, establishing intelligence networks, and advising the CEO / MD on land strategy and portfolio decisions.
This is a founding leadership role in the function — the person must be equally comfortable making strategic investment recommendations to the Board and conducting ground-level negotiations with landowners in rural corridors.
KEY RESPONSIBILITIES
- Land Strategy & Portfolio Planning
Define and own the annual land acquisition strategy aligned with Shubhashish's residential, commercial, and township development plans.
Advise the CEO / MD on land pipeline priorities, target geographies, micro-market selection, and investment thresholds.
Build and maintain a dynamic land bank across Jaipur and expansion cities (Indore, Mumbai, and others per the growth roadmap).
Develop a 3–5 year land sourcing pipeline with stage-wise forecasting of availability, cost, and project viability.
Track and interpret government policies, master plan revisions, RERA notifications, and infrastructure announcements that create land value opportunities.
- Land Sourcing & Market Intelligence
Lead land sourcing activities through broker networks, landowner relationships, government databases, corridor mapping, and off-market channels.
Establish deep relationships with brokers, aggregators, village-level intermediaries, channel partners, and landowner communities across target markets.
Build a structured market intelligence system — tracking micro-market rates, competitor acquisitions, development trends, FSI/FAR changes, and zoning updates.
Conduct and supervise site visits for physical verification, zoning assessment, connectivity, and development feasibility.
Identify land parcels aligned with the company's product strategy — plotted development, group housing, mixed-use, and township.
- Feasibility, Evaluation & Financial Analysis
Lead and review detailed feasibility studies including development potential, permissible FAR/FSI, costing, revenue modelling, and ROI analysis.
Evaluate JV structures, joint development agreements, outright purchase, and collaborative ownership models — and recommend the optimal deal structure per land parcel.
Review and approve financial models prepared by the BD team; validate key assumptions with Finance and Technical teams.
Assess risk-adjusted returns and present investment recommendations to senior leadership with clarity and conviction.
Benchmark land valuations against comparable transactions, circle rates, and sub-registrar data.
- Negotiation & Deal Structuring
Lead all high-value negotiations with landowners, broker intermediaries, and joint venture partners — directly and through the team.
Structure deal terms including pricing, payment schedules, development timelines, and revenue sharing for JV arrangements.
Drive timely closure of land deals — from LOI to Agreement to Sale, managing all stakeholders through to execution.
Establish negotiation playbooks, price band frameworks, and deal approval matrices for the land acquisition team.
Handle conflict resolution, landowner disputes, and renegotiations with tact and commercial firmness.
- Legal, Due Diligence & Compliance Oversight
Oversee and coordinate legal due diligence with empanelled legal teams — covering title search, encumbrance, litigation checks, and revenue record verification.
Ensure thorough review of khasra, khatoni, jamabandi, RoR, mutation certificates, sale deed chains, and all statutory land records.
Coordinate with Revenue / Patwari offices, local bodies, and government departments for document verification and approvals.
Review and approve land acquisition agreements, Joint Development Agreements (JDAs), MoUs, and development-related contracts before execution.
Ensure RERA compliance, JDA norms, NA conversion requirements, and all state-level regulatory obligations are addressed in every deal.
Manage title insurance, legal opinions, and risk mitigation for all acquisitions above defined thresholds.
- Team Leadership & Capability Building
Build, lead, mentor, and retain a high-performing land acquisition team — Business Development Managers, Sr. Managers, Executives, and field staff.
Set individual and team KRAs, conduct regular performance reviews, and create development plans for direct reports.
Establish SOPs, deal tracking systems, due diligence checklists, and documentation protocols across the BD function.
Foster a culture of ownership, speed, and accountability within the team.
Represent the Land Acquisition function at leadership forums, board presentations, and inter-departmental reviews.
- Cross-Functional & Stakeholder Management
Coordinate closely with Architecture, Technical, Finance, Legal, Liaisoning, and Project Management teams throughout the acquisition lifecycle.
Work with Marketing and Sales leadership to ensure land pipeline is aligned with product demand and launch calendars.
Build and manage relationships with government authorities,
revenue officials, urban local bodies, and development authorities.
Represent Shubhashish Homes at industry forums, RERA seminars, investment conclaves, and skilled associations.
KEY DELIVERABLES / KRAS
Annual land acquisition targets — number of acres, deal value, and city-wise pipeline delivered
Quality and completeness of the 3–5 year land bank and deal pipeline
Deal closure rate — LOIs converted to signed agreements within committed timelines
Due diligence rigour — zero title disputes or undisclosed encumbrances post-deal closure
Cost discipline — land acquired within approved benchmarks and feasibility assumptions
Team performance — BD team hiring, retention, and KRA achievement
Speed to market — average time from land identification to deal sign-off
Regulatory compliance — zero lapses in statutory approvals, RERA, and land records compliance
JV deal quality — structures that create value without disproportionate risk to Shubhashish
QUALIFICATIONS & EXPERIENCE
Requirement
Details
Education (Mandatory)
MBA / B.E. / Postgraduate in Business Administration, Real Estate, Urban Planning, Engineering or related discipline
Total Experience
15–20 years of post-qualification professional experience
Leadership Experience
Minimum 8 years in a leadership or Head-level role with a team reporting directly
Domain Mandatory
Real estate land acquisition, business development, or land banking — prior developer-side experience strongly preferred
Market Experience
Deep exposure to pan india real estate market mandatory. Experience in Indore, Mumbai, or other Tier 1/2 markets is a solid advantage
Joint Ventures
Proven track record of structuring and closing JDA / JV arrangements with landowners
Revenue / Land Records
Strong working knowledge of khasra, khatoni, jamabandi, RoR, mutation, NA conversion processes
Language
Hindi (fluent — mandatory for landowner negotiations). English (business proficient)
Travel
Must be willing to travel extensively — site visits, market intelligence, negotiations across cities
SKILLS & COMPETENCIES
Technical & Domain Skills
Leadership & Behavioural Skills
Land records: khasra, khatoni, jamabandi, RoR
Strategic thinking & portfolio-level decision making
Feasibility modelling & financial ROI analysis
High-stakes negotiation and stakeholder influence
JDA / JV structuring and deal architecture
Team building, mentoring, and performance management
Micro-market research and competitive benchmarking
Executive communication and board-level presentations
RERA, JDA bye-laws, NA conversion processes
Cross-functional coordination and process discipline
Legal due diligence oversight and risk management
"Integrity, ownership, and ethical decision-making
MS Excel, PowerPoint — financial models, pitch decks'
Resilience and persistence in long deal cycles*
Government & regulatory relationship management/
Adaptability across markets, cultures, and deal types.
This is proprietary and confidential. For internal recruitment use only.#
Pay: ₹3,500,000.00 - ₹4,500,000.00 per year
Work Location: In person
📌 Land Acquisition (Jaipur)
🏢 Eventrics Multi Tasking Solutions
📍 Jaipur