PROPERTY ACQUISITION MANAGERDepartment: Business Development / Acquisitions

Designation: Property Acquisition Manager

Location: Chennai

Employment Type: Full-Time

Experience: 3–7 years in Real Estate / Property Acquisition / Business Development

Job SummaryWe are looking for an experienced and result-oriented Property Acquisition Manager to identify, evaluate, negotiate, and acquire residential, commercial, industrial, and land properties for the company.

The candidate will be responsible for building a strong network of property owners, brokers, developers, investors, and channel partners, while identifying properties that meet the company's investment and business requirements.

- Key Responsibilities1. Property Sourcing & Acquisition Identify and source potential properties for acquisition through direct owners, brokers, developers, online platforms, and market networks.
- Build and maintain a database of available properties.
- Generate new property leads through field visits, networking, referrals, and market research.
- Identify off-market and high-potential properties.
- 2. Property Evaluation Conduct preliminary assessment of properties based on location, size, usage, title status, market value, rental potential, and development potential.
- Analyse comparable property prices and current market trends.
- Coordinate with legal, technical, and financial teams for detailed property due diligence.
- Prepare property acquisition proposals for management approval.
- 3. Negotiation & Deal Closure Negotiate purchase prices, lease terms, development agreements, joint ventures, and other commercial terms with property owners.
- Structure commercially viable deals that meet company investment criteria.
- Coordinate negotiations between owners, brokers, investors, legal advisors, and management.
- Follow up until execution of agreements and completion of transactions.
- 4. Market DevelopmentDevelop strong relationships with:
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- Property owners
- Real estate brokers
- Developers
- Investors
- Landowners




- Corporate property consultants
- Local market contacts
- Continuously monitor property prices, upcoming developments, infrastructure projects, and market opportunities.
- 5. Due Diligence CoordinationCoordinate with legal and technical teams for:
-

- Title verification
- EC and document verification
- Building approvals
- Land-use/zoning verification
- Property tax and statutory dues
- Encumbrance checks
- Physical property inspection
- Ensure all necessary documents are collected before finalizing a transaction.
- 6. Reporting & CRMMaintain an updated property acquisition pipeline.
- Track leads, negotiations, site visits, offers, and closures.
- Prepare weekly and monthly acquisition reports.
- Maintain accurate records of owners, brokers, properties, pricing, and transaction status.
- Key Performance Indicators (KPIs)Number of qualified properties sourced per month
- Number of property owner meetings
- Number of site visits conducted
- Number of acquisition proposals generated
- Number/value of deals closed
- Acquisition cost vs. market value
- Negotiation savings achieved
- Recent broker/owner relationships developed
- Conversion rate from lead to successful acquisition
- Required SkillsStrong knowledge of the Chennai real estate market
- Excellent negotiation and communication skills
- Strong networking and relationship-building ability
- Property valuation and market analysis skills
- Good knowledge of property documentation and due-diligence processes
- Strong follow-up and deal-closing skills
- Ability to identify profitable investment opportunities
- Good MS Excel/Google Sheets and CRM skills
- Willingness to travel for property inspections and meetings

Educational QualificationPreferred:

- Bachelor's degree in Business Administration, Real Estate, Finance, Civil Engineering, or a related field.

Experience:

- 3–7 years of relevant experience in real estate acquisition, property sales, investment, leasing, or business development.

CompensationSalary: ₹20,000 – ₹30,000 per month, depending on experience and performance.

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