Website:
thehosa.com
Job details:
The Assistant General Manager- Land Acquisition will serve as the strategic and operational leader of The House of Shubhashish land pipeline — owning the mandate to identify, evaluate, negotiate, and close land opportunities at scale across Jaipur and target expansion cities.
Job Description:
1. Land Strategy & Portfolio Planning
- Define and own the annual land acquisition strategy aligned with Shubhashish's residential, commercial, and township development plans.
- Advise the Management on land pipeline priorities, target geographies, micro-market selection, and investment thresholds.
- Build and maintain a dynamic land bank across Jaipur and expansion cities (Indore, Mumbai, and others per the growth roadmap).
- Develop a 3–5 year land sourcing pipeline with stage-wise forecasting of availability, cost, and project viability.
- Track and interpret government policies, master plan revisions, RERA notifications, and infrastructure announcements that create land value opportunities.
2. Land Sourcing & Market Intelligence
- Lead land sourcing activities through broker networks, landowner relationships, government databases, corridor mapping, and off-market channels.
- Establish deep relationships with brokers, aggregators, village-level intermediaries, channel partners, and landowner communities across target markets.
- Build a structured market intelligence system — tracking micro-market rates, competitor acquisitions, development trends, FSI/FAR changes, and zoning updates.
- Conduct and supervise site visits for physical verification, zoning assessment, connectivity, and development feasibility.
- Identify land parcels aligned with the company's product strategy — plotted development, group housing, mixed-use, and township.
3. Feasibility, Evaluation & Financial Analysis
- Lead and review detailed feasibility studies including development potential, permissible FAR/FSI, costing, revenue modelling, and ROI analysis.
- Evaluate JV structures, joint development agreements, outright purchase, and collaborative ownership models — and recommend the optimal deal structure per land parcel.
- Review and approve financial models prepared by the BD team; validate key assumptions with Finance and Technical teams.
- Assess risk-adjusted returns and present investment recommendations to senior leadership with clarity and conviction.
- Benchmark land valuations against comparable transactions, circle rates, and sub-registrar data.
4. Negotiation & Deal Structuring
- Lead all high-value negotiations with landowners, broker intermediaries, and joint venture partners — directly and through the team.
- Structure deal terms including pricing, payment schedules, development timelines, and revenue sharing for JV arrangements.
- Drive timely closure of land deals — from LOI to Agreement to Sale, managing all stakeholders through to execution.
- Establish negotiation playbooks, price band frameworks, and deal approval matrices for the land acquisition team.
- Handle conflict resolution, landowner disputes, and renegotiations with tact and commercial firmness.
5. Legal, Due Diligence & Compliance Oversight
- Oversee and coordinate legal due diligence with empanelled legal teams — covering title search, encumbrance, litigation checks, and revenue record verification.
- Ensure thorough review of khasra, khatoni, jamabandi, RoR, mutation certificates, sale deed chains, and all statutory land records.
- Coordinate with Revenue / Patwari offices, local bodies, and government departments for document verification and approvals.
- Review and approve land acquisition agreements, Joint Development Agreements (JDAs), MoUs, and development-related contracts before execution.
- Ensure RERA compliance, JDA norms, NA conversion requirements, and all state-level regulatory obligations are addressed in every deal.
- Manage title insurance, legal opinions, and risk mitigation for all acquisitions above defined thresholds.
6. Team Leadership & Capability Building
- Build, lead, mentor, and retain a high-performing land acquisition team — Business Development Managers, Sr. Managers, Executives, and field staff.
- Set individual and team KRAs, conduct regular performance reviews, and create development plans for direct reports.
- Establish SOPs, deal tracking systems, due diligence checklists, and documentation protocols across the BD function.
- Foster a culture of ownership, speed, and accountability within the team.
- Represent the Land Acquisition function at leadership forums, board presentations, and inter-departmental reviews.
7. Cross-Functional & Stakeholder Management
- Coordinate closely with Architecture, Technical, Finance, Legal, Liaisoning, and Project Management teams throughout the acquisition lifecycle.
- Work with Marketing and Sales leadership to ensure land pipeline is aligned with product demand and launch calendars.
- Build and manage relationships with government authorities, revenue officials, urban local bodies, and development authorities.
- Represent Shubhashish Homes at industry forums, RERA seminars, investment conclaves, and professional associations.
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