04 Oct
|
Sunlight Developers
|
Tambaram
04 Oct
Sunlight Developers
Tambaram
Summary
Run the development business day to day. The MD sets strategy, approves capital and signs land deals; everything between a piece of land and a handed-over key is yours.
The business is at 30 units across 2 projects today and intends to build to ~300 units a year over six years, concentrated in a 5-pincode catchment. This is a build role, not a caretaker role. You will do the work yourself in Year 1 and build the team that takes it over by Year 3.
Role & responsibilities
Land & JDA
- Source parcels of lands across the target pincodes
- Maintain a live pipeline of at least 20 parcels at any time
- Run first-level title checks; brief and manage the legal firm on due diligence
- Negotiate sharing ratio, refundable deposit, timelines and penalty clauses
- Build and hold relationships with landowners, liaison agents and local brokers
- Recommend deals to the MD with a completed feasibility model; MD signs
Approvals & compliance
- Manage CMDA / DTCP planning permission end to end
- TNRERA registration, separate project account, quarterly filings
- Fire, setting, water, sewer and power sanctions as applicable
- Completion certificate before any handover
- No project opens sales before RERA registration
Design & planning
- Brief and manage architects to maximise saleable area within permissible FSI
- Approve floor plates, unit mix and layouts against market demand
- Ensure Vastu compliance across all units
- Coordinate structural and MEP consultants; commission soil tests
Projects & construction
- Own the construction schedule for every live project; slab-cycle discipline
- Appoint and manage contractors; negotiate rates and hold the contract
- Material procurement cement, steel, RMC, finishes and vendor base
- Monthly budget-vs-actual per project, with variance explanations
- Site safety and BOCW compliance
Quality
- Enforce stage-wise inspection checklists with sign-offs
- Third-party cube, steel and soil testing on every project
- Own waterproofing specification and execution no seepage at handover
- Close snags before handover, not after
Sales & customer
- Own booking velocity and price discipline; no unauthorised discounting
- Build the broker network to 40+ active brokers; same-day brokerage payout on booking
- Manage launch marketing within budget
- Collections against payment milestones; escalate defaults early
- Customer documentation agreement for sale, UDS deed, handover kit
- Own the handover experience and post-handover defect liabiliy
Finance & reporting
- Project-wise P&L; and cash forecast
- Monthly MIS to the MD by the 7th: cash, bookings, collections, construction progress, margin, pipeline
- Weekly one-page written update every Monday
- Immediate escalation of any schedule slip, cost overrun above 5%, or legal notice
Team
- Hire Projects Manager, Sales Manager and site engineers in Year 1
- Set targets, review monthly, manage out non-performers
- Build SOPs so the business isn't dependent on any individual
Preferred candidate profile
Essential
- 8 - 14 years in residential real estate in Chennai
- Has run projects end to end approvals through handover for at least 100 units
- Working knowledge of CMDA/DTCP rules, TNRERA and the approval process
- Civil engineering degree
- Existing contractor, vendor and broker relationships in South Chennai
- Tamil and English, Hindi
Strongly preferred
- Has participated in JDA negotiations with individual landowners
- Has worked in a small or mid-size builder where they did the work themselves
- Comfortable with spreadsheets, project scheduling and reporting discipline
📌 Senior Manager (Tambaram)
🏢 Sunlight Developers
📍 Tambaram