• City Head - Business Development - Real Estate Jobs in Hyderabad,India

  • LightYear HR
  • Save Job
  • 8 - 12 Years
  • Posted : above 1 month

Job Description:

Position Overview

The City Head Development is a key position as Business Development would play a key role in enabling the firm to provide differentiated services

- Rental housing (student accommodation and co-living) is potentially a $100B opportunity for India Great Technology, Business Development, Projects and Operations capabilities would be key to the success of this business

- The business idea is to create a rental housing company in the student accommodation and co-living space and use a multi modal growth approach of asset ownership, greenfield development, leasing (land, cold shells, warm shells), conversions and management contracts to rapidly scale to dominance and have a profitable, high-quality portfolio of 100,000 beds operating and 50,000 in pipeline by 2023

- This portfolio would not only be dominant in market size but also have positive transformational impact on the lifestyle of its residents and the communities it helps forge

Key asks

- Lead and execute Property/Management Transactions for the development of Student Housing / CoLiving Units at a fast pace in the allocated Region

1 Strategize and prepare an execution plan for identifying prospective markets and deal sourcing to create a strong development pipeline across key cities in the region

- The strategy would incorporate a focus on ready properties, high return markets, product fitment, inventory scale, and geographical network to achieve the ROI desired by shareholders;

2 Create a heat map, indicating the development attractiveness, of the cities/micro markets in the allocated region - in consultation with the CDO

- Focus proactive effort on rapidly activating operating supply in such identified priority markets

3 Source the real estate specific brief of the requirement communicated to a network of hotel consultants, IPCs, local real estate brokers established during visits to the city;

4 Evaluate Detailed Market, Financial and Development Environment analysis carried out to shortlist feasible investments amongst all deals sourced

5 Structure transactions, where required

a To suit the nature of development (JV with Developers / Multi-Property Agreements with Educational Institutions / Acquisition of Existing Portfolios;

bTo mitigate the cost of acquisition (revenue share long term leases in high property price markets, acquisition of undivided share of land in master-planned developments, etc)

6 Conduct Negotiations (commercial and document) and engage with Landowners on a consistent basis through the life-cycle of the transaction

7 Coordinate and complete, with the help of Legal and D&C Teams, legal, architectural and cost due diligence on the proposed property

8 Preparation and presentation of Project Investment Memorandum to seek internal approvals, and

9 Documentation, Execution and Closure of the various stages of Transaction

Expected background

1 High energy individual with 8-12 years of work experience in Real Estate Transactions / Consulting

2 Proven track record of evaluating and executing real estate transactions, conducting market/financial analysis, best-use feasibility studies, business location advisory

3 Maturity and ability to respect and understand the sellers/owners- perspective and negotiate a - win-win- outcome that would engender trust and lead to recurring referrals and repeat transactions

4 Real Estate Market knowledge of multiple Tier 1 to Tier 4 cities in India

5 Should be comfortable in running financial models independently and conducting a basic architectural assessment for fitment of the property being evaluated

6 Requisite personality and communication skills to represent the brand appropriately to developers and partners

7 Such candidate may currently be employed with

a Property Developers across all real estate segments (Residential, Office, Hotels, Retail, etc) in their respective Business Development Teams

b IPCs (JLL, C&W, CBRE and the like) in the Capital Markets, Land Transaction and Consulting Teams c Private Equity Funds with exposure to Real Estate Investments

Key deliverables

A Transactions

1 Achieve target number of operating beds, per year, for the region Execute transactions with a focus on ready and stressed assets which can be quickly turned around under the proposed brand

2 Capture and present all demand and supply factors (including pricing and prevalent product types), by conducting secondary and primary surveys in the influence zone of the property being acquired

3 Negotiate and finalize the Commercial Terms with the owners with a strong logic towards prevalent market and product affordability

4 Ensure that the property acquired is un-encumbered with appropriate due diligences completed to mitigate any approval, construction, legal and cost risks

5 Ensure smooth hand-over of the property to the Projects / Construction Team and due-hand-over of the property documents/agreement to the Legal and Finance Teams

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 15th Mar 2020

Key Skills:

Company Profile:

Not Mentioned

These free online tutorials may interest you

People who search this job also searched for the following Keywords

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status