Job Title: Contracts Manager Real Estate

Location: Mumbai

Department: Projects / Contracts / Procurement

Reporting To: Project Head / Director

Job Summary

We are seeking an experienced Contracts Manager to oversee and manage all contractual and commercial aspects of our real estate and construction projects. The role involves drafting, reviewing, negotiating, and administering contracts, ensuring cost control, minimizing risks, and supporting smooth project execution.

Key Roles & Responsibilities

1. Contract Drafting & Documentation

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Draft, review, and nalize construction contracts, subcontract agreements,

consultancy agreements, and vendor contracts

Prepare and issue LOIs (Letter of Intent), work orders, purchase orders, and service agreements

Ensure contracts are aligned with project scope, timelines, and company policies

Maintain proper contract documentation and records

- Tendering & Procurement Management

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Prepare and manage tender documents, BOQs, and bid packages

Invite, evaluate, and compare contractor/vendor quotations

Coordinate with project, design, and procurement teams for vendor nalization

Recommend suitable contractors based on technical and commercial evaluation

- Commercial Negotiation

Lead contractual and commercial negotiations with contractors and vendors

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Finalize terms related to pricing, payment schedules, penalties, timelines, and scope of work

Ensure cost-eective and risk-free agreements

- Contract Administration & Execution

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Monitor and ensure compliance with contract terms and conditions

Track project milestones, deliverables, and timelines

Coordinate with site teams for smooth contract execution

Maintain contract registers and status reports

- Billing, Cost Control & Variations

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Review and certify RA Bills (Running Account Bills) and nal bills

Monitor project costs against approved budgets

Handle variation orders, extra items, and change orders

Ensure proper documentation and approvals for all cost changes

- Claims & Dispute Resolution

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Manage contractual claims, disputes, and escalations

Analyze claims related to delays, cost overruns, and scope changes

Coordinate with legal team for arbitration or litigation matters

Ensure timely and eective dispute resolution

- Compliance & Risk Management

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Ensure adherence to contractual obligations, legal requirements, and company policies

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Identify contractual risks and implement mitigation strategies

Ensure audit readiness and compliance with internal/external audits

- Coordination & Reporting

Work closely with project, design, nance, and legal teams

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Provide regular updates on contract status, risks, and cost impact





Support management in decision-making with accurate data and reports

Eligibility Criteria

Education

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Bachelors degree in civil engineering

Additional certication in contracts management is an advantage

Experience

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1018 years of experience in contracts and commercial management

Strong exposure to real estate and construction projects

Experience in handling large-scale residential/commercial projects

Key Skills & Competencies

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Strong knowledge of construction contracts, BOQ, and tendering processes

Expertise in commercial negotiation and cost control

Understanding of legal and contractual frameworks

Analytical thinking and attention to detail

Solid coordination and communication skills

Compensation

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12 LPA to 25 LPA (depending on experience and project scale)

Key Performance Indicators (KPIs)

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Cost savings achieved through negotiations

Timely nalization of contracts

Reduction in contractual risks and disputes

Accuracy in billing and cost control

Vendor/contractor performance management

Additional Requirements

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Experience in redevelopment projects / society projects preferred

Familiarity with RERA-related contractual requirements

Ability to work under pressure and manage multiple projects

Role Value

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Ensures strong contractual control and cost eiciency

Minimizes risks and legal exposure

Supports timely and smooth execution of projects

📌 Contracts Manager (Mumbai)
🏢 Crystal Group
📍 Mumbai