GENERAL MANAGER – REAL ESTATE

Department: Real Estate

Designation: General Manager – Real Estate

Reporting To: Managing Director (MD)

Location: PATIALA

1. Job Purpose

To lead and manage the company's real estate activities, including property acquisition, land development, leasing, sales, legal coordination, project management, and investment planning, ensuring profitable growth and compliance with applicable laws and regulations.
1. Key Responsibilities

A. Property Acquisition & Investment

- Identify and evaluate suitable land, residential, commercial, and industrial properties.
- Conduct market research, property valuation, and investment feasibility analysis.
- Negotiate property purchase deals, lease agreements, and other commercial terms.
- Identify opportunities for real estate investments and business expansion.

B. Property Development & Project Management

- Plan, coordinate, and monitor real estate development projects.
- Supervise project timelines, budgets, contractors, consultants, and vendors.
- Ensure projects are completed within approved budgets and schedules.
- Monitor construction quality, site progress, and resource utilization.

C. Legal & Documentation

- Coordinate with legal advisors for property title verification and due diligence.
- Ensure proper documentation of sale deeds, lease deeds, agreements, and property records.
- Verify land ownership, encumbrances, approvals, and statutory clearances before transactions.
- Coordinate with government departments and relevant authorities for registrations, permissions, and approvals.

D. Sales, Leasing & Business Development

- Develop strategies for property sales, leasing, and revenue generation.
- Build and maintain relationships with property owners, brokers, investors, developers, and corporate clients.
- Identify recent business opportunities and negotiate commercial transactions.
- Monitor market trends,



competitor activities, and property demand.

E. Financial & Budgetary Management

- Prepare project budgets, cash-flow estimates, and investment proposals.
- Monitor project expenditure, profitability, and return on investment.
- Control costs and ensure optimal utilization of company funds.
- Submit financial performance reports and investment recommendations to management.

F. Property & Asset Management

- Maintain an updated inventory of company-owned, leased, and acquired properties.
- Monitor property maintenance, occupancy, rentals, renewals, and lease obligations.
- Ensure timely collection of rent and other property-related payments.
- Resolve property-related disputes and operational issues in coordination with the concerned departments.

G. Team Management & Reporting

- Lead and supervise the real estate team, site staff, consultants, and external agencies.
- Set departmental targets and review performance regularly.
- Coordinate with Finance, Legal, Administration, and other departments.
- Submit periodic reports to the Managing Director on project progress, investments, transactions, expenses, and business opportunities.

1. Qualifications

- Bachelor's degree in Real Estate, Business Administration, Civil Engineering, Commerce, or a related field.
- MBA or a relevant postgraduate qualification will be an advantage.
- Knowledge of property laws, land records, registration procedures, and real estate documentation.

1. Experience

- Minimum 8–12 years of relevant experience in real estate,



property acquisition, land development, project management, or property investment.
- Prior experience in a managerial or leadership role is preferred.
- Experience handling high-value property transactions and negotiations will be an advantage.

1. Required Skills

- Strong negotiation and business development skills.
- Excellent communication and leadership abilities.
- Financial analysis, budgeting, and investment evaluation.
- Knowledge of property valuation and market research.
- Strong decision-making, planning, and problem-solving abilities.
- Ability to manage multiple projects and meet deadlines.
- Proficiency in MS Excel, MS Office, and property management tools.

1. Key Performance Indicators (KPIs)

- Successful identification and acquisition of suitable properties.
- Achievement of approved revenue and profitability targets.
- Timely completion of projects within approved budgets.
- Accuracy and completeness of property documentation.
- Growth in property portfolio and investment returns.
- Effective management of rental income, occupancy, and lease renewals.
- Compliance with applicable legal and regulatory requirements.
- Timely submission of reports and achievement of management-approved targets.

1. General Expectations

- Maintain confidentiality of company information, property records, and investment details.
- Ensure all property transactions are undertaken with proper authorization and documentation.
- Act in the best interests of the company and follow management instructions.
- Maintain professional relationships with clients, vendors, consultants, and government authorities.
- Perform any other real estate-related responsibilities assigned by the Managing Director.

Pay: ₹50,000.00 - ₹150,000.00 per month

Benefits

- Provident Fund

Work Location: In person

📌 General Manager-REAL ESTATE (Patiala)
🏢 Sarao Distillery
📍 Patiala