Land Acquisition

Key Responsibilities – Warehouse Acquisition & Leasing

• Identify and source suitable warehouses, hubs, branches, offices and other commercial properties as per business expansion and operational requirements.
• Conduct market surveys, location studies and feasibility assessments to identify commercially viable locations.
• Develop and maintain a strong network of property owners, brokers, local property consultants and market sources for continuous property sourcing.
• Generate and maintain a pipeline of potential properties for upcoming and future business requirements.
• Shortlist properties based on location, connectivity, accessibility, catchment area, operational suitability, available infrastructure and commercial viability.
• Conduct and coordinate site visits, property measurements, technical evaluations and comparative analysis of shortlisted warehouses.
• Collect and verify key property details including area, rent, security deposit, escalation, lock-in, lease tenure, possession timeline and other commercial terms.
• Lead negotiations with landlords/brokers to achieve cost-effective rent and favorable commercial and lease terms.
• Prepare commercial comparison statements, property proposals and acquisition recommendations for management approval.
• Coordinate with Operations, Finance, Legal, Administration and Construction/Infra teams for property evaluation, approvals and finalization.
• Ensure completion of property due diligence, ownership/document verification, statutory requirements and required approvals before finalization.
• Coordinate the complete process from property identification to negotiation, approval, agreement execution, possession and operational handover.
• Manage lease renewals, extensions, rent revisions, escalations, amendments and termination/vacation of existing properties.
• Maintain accurate property database, lease agreements, rental MIS, security deposit records and lease expiry/renewal trackers.
• Ensure timely acquisition and availability of warehouses in line with business expansion plans and operational timelines.
• Identify opportunities for rental cost optimization, consolidation, relocation and renegotiation of existing properties.
• Track local rental trends, market rates and competing properties to support informed negotiation and acquisition decisions.
• Build and maintain long-term relationships with landlords, brokers, property consultants and local stakeholders.
• Provide regular updates on acquisition pipeline, pending negotiations, upcoming lease expiries, risks and key commercial developments to management.