About Magnus
Magnus Group is a dynamic and growing real estate organization committed to delivering high-quality residential and commercial projects. With a strong focus on customer satisfaction, transparency, and innovation, we aim to create value-driven real estate solutions. Our team thrives on professionalism, market expertise, and a forward-thinking approach.
Why Should You Join Us
· Opportunity to work with a fast-growing and ambitious real estate company
· Open and performance-driven work culture
· Attractive compensation with growth potential
· Leadership exposure and career growth opportunities
· Opportunity to work on premium residential redevelopment projects
· Collaborative environment that encourages innovation and ownership
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Job Details
Position: Business Development Manager – Residential Redevelopment
Experience: 3–7 Years
Location: Borivali West , Mumbai.
Salary: Open for discussion (based on experience & performance)
Key Responsibilities
Project Sourcing & Evaluation
· Sourcing redevelopment opportunities (Societies, MHADA, cess properties).
· Conducting initial site visits and property assessments.
· Analyzing market trends and tracking competitor activities.
· Evaluating financial feasibility and project profitability.
Regulatory & Compliance Management
· Applying DCPR (Development Control and Promotion Regulations) guidelines.
· Assessing permissible FSI, TDR, and premium calculations.
· Staying updated on government rules, policies, and RERA regulations.
· Ensuring all proposals align with current civic body norms.
Cross-Functional Coordination
· Collaborating with Liaison teams for regulatory approvals.
· Partnering with Legal teams for title due diligence.
· Working with Architecture teams on optimum layout planning.
· Coordinating with Project teams for construction cost estimates.
Stakeholder Management
· Pitching redevelopment proposals to housing society committees.
· Addressing member grievances and conducting society meetings.
· Negotiating commercial terms, corpus funds, and rent displacements.
· Building relationships with local authorities, brokers, and landlords
Skills & Knowledge Requirements
· Strong knowledge of residential redevelopment projects and society acquisition processes.
· Good understanding of FSI, DCPR regulations, redevelopment norms, and project feasibility.
· Excellent communication, negotiation, and relationship-building skills.
· Ability to interact effectively with society members, managing committees, and key decision-makers.
· Strong networking skills with brokers, consultants, architects, and industry professionals.
· Proficiency in MS Office and CRM tools.
· Strong presentation and stakeholder management abilities.
· Self-driven, target-oriented professional with a proven track record in project acquisition.
Preferred Qualifications
· Graduate in any discipline.
· MBA in Marketing, Business Development, or Real Estate preferred.
· Proven experience in sourcing and acquiring residential redevelopment projects in Mumbai/MMR region.
Key Success Metrics
· Number of redevelopment opportunities sourced.
· Society meetings and stakeholder engagements conducted.
· Redevelopment mandates acquired.
· Development Agreements executed.
· Project acquisition pipeline value generated.
· Contribution to overall business growth and project expansion.
Pay: ₹55,000.00 - ₹75,000.00 per day
Work Location: In person
