Executive – Land Acquisition (Anna Nagar)

Executive – Land Acquisition (Anna Nagar)

02 Oct
|
VGN Projects Estates
|
Anna Nagar

02 Oct

VGN Projects Estates

Anna Nagar

1. Job Purpose

To identify and coordinate potential land acquisition opportunities, establish contact with landowners and intermediaries, collect and verify preliminary property information, coordinate legal and technical due diligence, and support the management in negotiating and completing land acquisition transactions.
1. Key Responsibilities

A. Land Identification & Sourcing
- Identify potential land parcels suitable for residential and real-estate development.
- Conduct market surveys and field visits to identify available properties.
- Develop and maintain a database of potential land parcels, landowners, brokers and intermediaries.
- Collect preliminary details such as location, extent, survey numbers, ownership details and expected price.
- Identify properties based on project requirements, location, size, accessibility and development potential.

B. Landowner & Stakeholder Coordination
- Establish initial contact with landowners and authorised representatives.
- Understand landowners' expectations, commercial requirements and transaction preferences.
- Maintain regular communication with landowners, brokers and intermediaries.
- Arrange meetings between landowners and the management team.
- Coordinate discussions and negotiations as directed by the reporting manager.
- Maintain confidentiality of sensitive land and commercial information.

C. Preliminary Land Evaluation
- Collect basic property information including:
- Survey Number
- Patta / Chitta details
- Extent and boundaries
- Ownership details
- Location and access
- Guideline value / market value
- Existing structures or encumbrances
- Land use / zoning information
- Road access and surrounding development
- Conduct preliminary site visits and prepare property evaluation reports.
- Obtain photographs, location maps and other relevant property information.

D. Documentation & Due Diligence Coordination
- Collect title deeds and other property-related documents from landowners.
- Coordinate with the Legal, Technical, Planning and Finance teams for due diligence.
- Facilitate collection of documents such as:
- Sale Deeds
- Parent Documents
- Encumbrance Certificates
- Patta / Chitta
- FMB / Survey Sketch




- Legal Heir Documents
- Tax Receipts
- Planning / Zoning information
- Power of Attorney, wherever applicable
- Coordinate with legal consultants for title verification.
- Follow up on legal and technical due-diligence observations and required clarifications.

E. Negotiation & Commercial Coordination
- Support the reporting manager in negotiating land price and transaction terms.
- Obtain and compare market information and prevailing land values.
- Prepare preliminary commercial statements for identified properties.
- Coordinate discussions regarding advance, payment schedules, registration and other commercial terms.
- Ensure agreed commercial terms are properly documented and communicated to the concerned internal teams.
- Assist in preparing comparative statements for multiple land acquisition opportunities.

F. Transaction Coordination
- Coordinate with Legal, Finance and other departments for execution of agreements and registration.
- Follow up for preparation and execution of:
- MoU
- Agreement to Sell
- Joint Development Agreement, where applicable
- Sale Deed
- Power of Attorney
- Other transaction-related documents
- Coordinate registration appointments and required documentation.
- Track transaction milestones from initial identification through completion.
- Ensure all agreed conditions and documentation requirements are followed up until closure.

G. Government & Local Coordination
- Coordinate, wherever required, with local authorities, surveyors, advocates and other professionals involved in land transactions.
- Assist in obtaining relevant land and property records from concerned authorities.
- Coordinate land surveys and boundary verification.
- Support resolution of documentation and property-related issues through the appropriate internal/legal channels.





H. MIS & Reporting
- Maintain a Land Acquisition Pipeline / Tracker with property-wise status.
- Prepare weekly/monthly reports covering:
- New land opportunities
- Land under discussion
- Negotiation status
- Legal due diligence status
- Technical due diligence status
- Commercial status
- Management approval status
- Transaction closure status
- Maintain complete records of landowners, properties, documents and negotiations.
- Escalate critical issues and delays to the reporting manager.

1. Educational Qualification

- Bachelor's Degree in Civil Engineering / Law / Real Estate / Business Administration / Commerce / any relevant discipline.
- Knowledge of real estate and land documentation will be an advantage.

1. Experience

- 2–5 years of experience in land acquisition, real estate, property sourcing, business development or related activities.
- Experience in residential real estate / land aggregation / property acquisition is preferred.
- Candidates with knowledge of land markets in Chennai and surrounding areas will be preferred.

1. Required Knowledge

- Basic understanding of land acquisition and real estate transactions.
- Familiarity with land and property documents.
- Basic knowledge of title verification and encumbrance checking.
- Understanding of survey numbers, patta, FMB, EC and parent documents.
- Basic knowledge of property registration procedures.
- Awareness of local real-estate market conditions and land values.
- Knowledge of MS Office, particularly Excel and PowerPoint.

1. Reporting & Coordination

Reports To: Manager / Senior Manager – Land Acquisition

Internal Coordination:

Management, Legal, Projects, Planning, Finance, Accounts, Liaison, Technical and Contracts teams.

External Coordination:

Landowners, Property Owners, Brokers, Developers, Advocates, Surveyors, Consultants and relevant Government/Local Authorities.

Job Types: Full time, Permanent

Pay: ₹300,000.00 - ₹450,000.00 per year

Benefits

- Cell phone reimbursement
- Health insurance
- Leave encashment
- Life insurance
- Provident Fund

Work Location: In person

📌 Executive – Land Acquisition (Anna Nagar)
🏢 VGN Projects Estates
📍 Anna Nagar

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