Vastu Vihar (Technoculture Building Centre Pvt Ltd) Hiring for Land Purchase Officer at Bodh Gaya, Bihar, India

Company Description

Vastu Vihar (Technoculture Building Centre Pvt Ltd) is a company promoted by Technoculture Building Centre, an organization sponsored by the Ministry of Urban Development – Government of India. It operates under the concept of building centers in India, which design cost-effective building components using local materials. Vastu Vihar focuses on housing projects for the urban and semi-urban middle class citizen, with operations in 6 states across India. With a track record of completing over 14,000 units and with more than 25,000 units under construction in 51 cities, Vastu Vihar is committed to providing quality housing to its customers.

Role Description

As a Land Purchase Officer , you will be responsible for identifying, evaluating, and negotiating land acquisition opportunities to support our real estate development projects. You will play a key role in expanding our land portfolio, conducting thorough due diligence, and building relationships with landowners and stakeholders.

*Responsibilities:*

1. *Land Acquisition:* Identify potential land acquisition opportunities through market research, networking, and other channels. Evaluate properties for their suitability and feasibility for development projects.

2. *Due Diligence:* Conduct comprehensive due diligence on potential land acquisitions, including zoning regulations, environmental assessments, title searches, and other relevant factors. Assess risks and opportunities associated with each property.

3. *Negotiation:* Negotiate purchase agreements, contracts, and other legal documents with landowners, sellers, brokers, and other parties involved in land transactions. Secure favorable terms and conditions for land acquisitions.

4. *Relationship Building:* Cultivate and maintain relationships with landowners, sellers, brokers, government officials, and other stakeholders involved in the land acquisition process. Represent the company professionally and ethically in all interactions.

5. *Market Analysis:* Stay informed about market trends, property values, and emerging opportunities in the real estate market. Monitor competitor activity and market dynamics to identify potential acquisition targets.

6. *Financial Analysis:* Conduct financial analysis and feasibility studies to assess the potential returns and risks associated with land acquisitions. Prepare financial models, projections, and investment proposals for review by senior management.

7. *Documentation and Compliance:* Ensure all necessary legal and regulatory requirements are met for land acquisitions. Prepare and review legal documents, contracts, permits, and other paperwork related to land purchases.

*Requirements:*

– *Education:* Bachelor’s degree in real estate, business, finance, or a related field. Additional certifications or coursework in real estate development or land acquisition are a plus.

– *Experience:* Proven experience in land acquisition, real estate development, or a related field. Demonstrated success in identifying and negotiating land acquisition opportunities.

– *Negotiation Skills:* Strong negotiation and communication skills. Ability to effectively communicate and negotiate with diverse stakeholders, including landowners, sellers, brokers, and legal professionals.

– *Analytical Skills:* Excellent analytical and problem-solving abilities. Ability to conduct thorough due diligence and financial analysis of potential land acquisitions.

– *Industry Knowledge:* Solid understanding of real estate principles, land use regulations, zoning laws, and other factors impacting land acquisitions.

– *Attention to Detail:* Meticulous attention to detail and accuracy in reviewing contracts, legal documents, and financial analysis.

– *Relationship Building:* Strong interpersonal skills and the ability to build and maintain relationships with a variety of stakeholders.

• – *Computer Skills:* Proficiency in Microsoft Office Suite and real estate software for financial analysis and property research.