Experience
10 to 13 years Client Locations
Chennai
Skills Required Head of Land Acquisition
Job Description
Job Description: BDM – Land Acquisition
Position Title: Head of Land Acquisition
Reports to: Executive Director
Location: Chennai
Employment Type: Full-time
Job Overview:
The Head of Land Acquisition for Residential Properties is responsible for identifying,
evaluating, and securing land parcels for residential development projects. This role involves
strategic decision-making, negotiations, due diligence, and working closely with internal and
external stakeholders to ensure the acquisition of land that aligns with the company’s
development objectives. The ideal candidate will have extensive knowledge of the real estate
market, zoning regulations, land-use planning, and financial feasibility of land acquisitions.
Key Responsibilities:
1.Land Identification and Sourcing:
oProactively identify potential land parcels for residential development through
market research, networking, and industry contacts.
oBuild relationships with landowners, brokers, and developers to source new
opportunities.
oAnalyze market trends and property values in targeted areas to identify prime
land acquisition opportunities.
2.Due Diligence:
oConduct thorough due diligence on prospective land acquisitions, including
zoning analysis, environmental assessments, legal compliance, and feasibility
studies.
oCollaborate with internal teams (legal, finance, planning, and development) to
evaluate the financial viability and risks associated with each project.
oEnsure all regulatory approvals, permits, and zoning changes are obtained
prior to finalizing acquisitions.
3.Negotiation and Transaction Management:
oLead negotiations with landowners, developers, and legal teams to secure
favorable terms for land acquisition deals.
oManage the preparation of purchase agreements, contracts, and other legal
documents.
oEnsure that all transactions comply with corporate policies, legal
requirements, and budgetary constraints.
4.Strategic Planning:
oDevelop and implement land acquisition strategies that align with the
company’s short-term and long-term development goals.
oMonitor and evaluate the performance of acquired land parcels to ensure they
meet the company’s financial and strategic objectives.
oRecommend adjustments to acquisition strategies based on market conditions
and project pipeline needs.
5.Stakeholder Management:
oLiaise with local government agencies, zoning boards, and other regulatory
bodies to facilitate the approval and development process.
oCollaborate with architects, engineers, and other consultants to evaluate land
development potential and site planning.
oMaintain strong relationships with internal stakeholders, including senior
management, finance, and development teams.
6.Reporting and Budgeting:
oPrepare detailed reports on land acquisition opportunities, including financial
analysis, risk assessments, and development potential.
oManage the land acquisition budget, ensuring expenditures are within
allocated resources and aligned with company financial targets.
oProvide regular updates to senior leadership on land acquisition progress and
upcoming opportunities.
Required Qualifications:
∙Education: Bachelor’s degree in Real Estate, Urban Planning, Business, Finance, or a
related field or Any Degree. A master’s degree or relevant certifications (e.g.,
MRICS, CCIM) is a plus.
∙Experience:
o10+ years of experience in land acquisition, real estate development, or related
fields, with at least 5 years in a leadership role.
oProven track record of successfully negotiating and closing large-scale land
acquisitions for residential developments.
oIn-depth knowledge of local real estate markets, land-use planning, zoning
regulations, and environmental laws.
∙Skills:
oStrong negotiation and communication skills with the ability to influence
stakeholders at all levels.
oExpertise in financial modeling and feasibility analysis for real estate projects.
oExcellent organizational and project management skills with the ability to
handle multiple projects simultaneously.
oProficient in using real estate and financial software tools.
Personal Attributes:
∙Strategic thinker with a results-oriented mindset.
∙Strong leadership and team management capabilities.
∙Self-motivated and proactive in seeking new opportunities.
∙High attention to detail and ability to work under tight deadlines.
This job description outlines the general duties, responsibilities, and qualifications required
for this position but is not exhaustive. The company reserves the right to amend or change the
responsibilities based on business needs.