1. Job Overview
We are looking for a proactive and result-oriented Real Estate Executive responsible for identifying, sourcing, visiting, negotiating, and closing suitable commercial properties for Ridoji's franchise expansion across India. The candidate will be responsible for end-to-end location acquisition, site visits, property negotiations, franchise location finalization, and coordination with internal and external stakeholders to ensure timely setup and closure of locations.
1. Key Responsibilities (KRAs)
A. Land & Property Acquisition
- Identify and source suitable commercial properties and land opportunities across PAN India.
- Explore high-potential locations for current franchise outlets and business expansion.
- Generate property leads through brokers, property dealers, online portals, and direct market research.
- Evaluate properties based on location, accessibility, visibility, commercial viability, and business requirements.
- Build and maintain a strong network of property owners, brokers, landlords, and real estate consultants.
B. Site Visits & Location Finalization
- Conduct physical site visits across assigned cities and locations.
- Evaluate property suitability based on company and franchise setup requirements.
- Prepare site visit reports with photographs, videos, location details, dimensions, and commercial terms.
- Coordinate with the management and franchise team for site approvals.
- Ensure timely finalization and closure of suitable franchise locations.
C. Property Negotiation & Deal Closure
- Negotiate rental terms, security deposits, lease periods, brokerage, and other commercial conditions.
- Coordinate with property owners and franchise partners to finalize deals.
- Ensure all commercial terms are aligned with management approvals.
- Facilitate documentation, agreements, and necessary property-related formalities.
- Take ownership of converting shortlisted properties into successfully closed locations.
D. End-to-End Site Coordination
- Coordinate the complete location setup process from initial site identification to final handover.
- Work closely with franchise partners, architects, contractors, vendors, and internal teams.
- Monitor site readiness, civil work, electrical work, branding, and other setup requirements.
- Follow up regularly on project progress and resolve location-related execution challenges.
- Ensure all site activities are completed within approved timelines.
E. Timeline & Target Management
- Ensure every assigned location is finalized and closed within the committed timeline.
- Maintain a pipeline of prospective properties and active negotiations.
- Track location-wise progress from lead generation to final closure.
- Submit daily, weekly, and monthly progress reports.
- Take accountability for delays and proactively implement corrective actions.
1. Key Performance Indicators (KPIs)
Performance Parameter
Measurement
Property Lead Generation
Qualified property leads generated
Site Visits
Number of physical site visits
Location Finalization
Approved locations shortlisted
Deal Closure
Successfully negotiated and closed locations
Timeline Achievement
Locations closed within committed deadlines
Site Coordination
Timely completion of setup activities
Negotiation Skills
Commercially viable property deals
Reporting & Follow-ups
Timely updates and documentation
1.
Required Skills & Competencies
- Strong negotiation and communication skills.
- Experience in commercial real estate and property acquisition.
- Knowledge of commercial leasing, land acquisition, and rental agreements.
- Strong local market research and property sourcing abilities.
- Excellent coordination and follow-up skills.
- Ability to manage multiple locations simultaneously.
- Target-oriented approach with strong closure capabilities.
- Willingness to travel across India as per business requirements.
- Problem-solving and decision-making abilities.
1. Experience & Qualification
- Experience: 25 years in Real Estate, Commercial Leasing, Property Acquisition, or Retail Expansion.
- Qualification: Graduate in any discipline.
- Candidates with experience in franchise expansion, retail outlet expansion, EV infrastructure, or commercial property acquisition will be preferred.
- Must be comfortable with PAN India travel.
1. Expected Deliverables
2. Identify potential franchise locations across assigned territories.
3. Generate and maintain a strong property pipeline.
4. Conduct regular site visits and submit detailed reports.
5. Negotiate and close commercially viable properties.
6. Coordinate the complete site setup process.
7. Ensure timely location handover and readiness.
8. Achieve monthly location acquisition and closure targets.
9. Primary Job Objective
Identify – Visit – Negotiate – Finalize – Close – Execute. The Real Estate Executive will be directly responsible for ensuring that Ridoji's franchise locations are identified, acquired, finalized, and made ready for setup within the defined business timelines.
The ultimate responsibility is not just finding properties but successfully closing locations and ensuring end-to-end site coordination until completion.
📌 Real Estate Consultant (Noida)
🏢 Ridoji
📍 Noida