Job Summary

We are looking for an experienced and result-oriented Manager – Land Acquisition & Redevelopment with a minimum of 8 years of relevant experience in Mumbai's real estate sector. The candidate will be responsible for identifying and sourcing land acquisition and housing society redevelopment opportunities, developing relationships with landowners and society representatives, negotiating commercial terms, and driving business development initiatives. The role requires strong practical knowledge of BMC approval procedures, MahaRERA regulations, redevelopment documentation, DCPR, FSI, TDR, and statutory approval processes.

The ideal candidate should have hands-on experience coordinating with statutory authorities, legal consultants, architects, and liaisoning consultants to facilitate project feasibility, regulatory compliance, and successful deal closures.

Key Responsibilities

A. Land Acquisition

- Identify and source potential land parcels, properties, and development opportunities in Mumbai and Thane region.
- Build and maintain a network of landowners, property brokers, consultants, developers, and other real estate stakeholders.
- Evaluate land parcels based on location, development potential, connectivity, market value, and commercial feasibility.
- Conduct preliminary assessments of land ownership, title status, zoning, development restrictions, and existing encumbrances in coordination with the legal team.
- Negotiate commercial terms with landowners and facilitate the acquisition process.
- Coordinate with legal, technical, finance, and project teams for due diligence, feasibility assessments, and transaction documentation.

B. Redevelopment Business Development

- Identify housing societies, old buildings, and existing residential properties with potential for redevelopment.
- Develop and maintain relationships with housing society managing committees, office bearers, members, architects, consultants, and society representatives.
- Generate redevelopment leads through networking, market research, broker relationships, and direct outreach.
- Understand redevelopment requirements and assess the suitability of projects based on development potential and commercial viability.
- Arrange and attend meetings with housing societies and stakeholders to present the organisation's redevelopment capabilities.
- Coordinate preliminary feasibility studies, development potential assessments, and commercial proposals.
- Support negotiations relating to member benefits,



additional carpet area, corpus, rent, shifting charges, and other commercial terms, in coordination with management and technical teams.
- Track redevelopment opportunities from initial lead generation through negotiations, proposal submission, and deal closure.

C. Business Development & Deal Closure

- Develop and maintain a pipeline of prospective land acquisition and redevelopment projects.
- Prepare project summaries, opportunity reports, and preliminary business proposals for management review.
- Analyse market trends, competitor activity, property values, and emerging redevelopment opportunities.
- Assess the commercial viability of opportunities in coordination with the finance, legal, and technical teams.
- Follow up with landowners, brokers, society representatives, and other stakeholders to move opportunities towards closure.
- Maintain a database of prospective projects, ongoing negotiations, and completed transactions.
- Achieve business development targets related to qualified leads, project sourcing, negotiations, and deal closures.

D. Liaison & Coordination

- Coordinate with legal consultants, architects, structural consultants, liaisoning consultants, and other professionals involved in redevelopment projects.
- Work with internal teams to obtain preliminary information regarding development control regulations, permissible Floor Space Index (FSI), Transferable Development Rights (TDR), and other applicable development parameters.
- Facilitate the collection of property documents, society records, ownership details, and other information required for preliminary due diligence.
- Coordinate with management for approvals on commercial terms, project feasibility, and proposed transactions.
- Ensure that negotiations and commitments remain within the commercial parameters approved by management.

E. Regulatory Knowledge & Documentation

- Robust working knowledge of Brihanmumbai Municipal Corporation (BMC) rules, regulations, approval processes, and documentation requirements applicable to land acquisition and redevelopment projects.




- Comprehensive understanding of MahaRERA regulations, registration requirements, documentation, and compliance norms applicable to real estate development projects.
- Thorough knowledge of redevelopment procedures, including housing society documentation, development agreements, appointment of developers, and related legal formalities.
- Familiarity with development permissions and approvals, including IOD, Commencement Certificate (CC), Intimation of Disapproval (IOD), Occupation Certificate (OC), and other applicable municipal approvals.
- Working knowledge of Development Control and Promotion Regulations (DCPR), Development Plan (DP) remarks, Floor Space Index (FSI), Transferable Development Rights (TDR), and applicable development potential calculations.
- Understanding of land title verification, property ownership records, Property Cards, 7/12 extracts (where applicable), conveyance, deemed conveyance, and title-related documentation.
- Familiarity with the documentation and approval processes involving BMC, MHADA, SRA, MMRDA, and other relevant authorities, depending on the project location and nature.
- Ability to coordinate with legal consultants, architects, liaisoning consultants, and other professionals to ensure timely approvals and regulatory compliance.
- Knowledge of redevelopment-related agreements, including Development Agreements, Permanent Alternate Accommodation Agreements (PAAA), and other agreements relevant to society redevelopment.
- Ability to review documentation requirements, identify potential regulatory issues, and coordinate with the relevant professionals to facilitate project approvals and execution.

Required Qualifications & Skills -
- 8+ years of relevant experience in real estate business development, land acquisition, redevelopment, or property transactions in Mumbai & Thane Region.
- Graduate in any discipline; a degree in Civil Engineering, Real Estate, Business Administration, or a related field would be preferred.
- Additional qualifications in real estate, project management, or business development would be an advantage.
- Prior experience working on residential redevelopment projects in Mumbai and the Mumbai Metropolitan Region (MMR) is strongly preferred.
- Experience dealing with housing societies, landowners, property brokers, and real estate developers is essential.
- Demonstrated experience in negotiations, project sourcing, and converting business opportunities into transactions.

📌 Manager – Land Acquisition & Redevelopment (Thane)
🏢 AsmitA India Realty
📍 Thane