Perspectives Key Responsibilities:
Strategic:
- Play the role of a key influencer in industry interest group, thereby enabling companies to have a say in shaping of Government policies with respect to Real Estate
- Provide legal support to leadership in policy formulation for the company
- Develop guidelines to manage contracts effectively so as to minimize exposure of company to claims and litigation
- Build rapport and develop sustainable relationships with the landowners which would aid in further property acquisition or through them
- Build and maintain relationships with recognized external advocates from a long-term perspective to ensure cost effective and preferential services the company
- Survey the environment to keep abreast of changes in the regulatory framework, legal formalities and compliances pertaining to the Real Estate industry; provide inputs to the Top Management to capitalize on emerging opportunities and trends
- Provide functional guidance to ensure standardization of Legal practices; act as the final authority on all decisions with respect to the Legal matters across the organization
Operational:
- Coordinate with the Government & Regulatory Authorities for obtaining sanctions & licenses
- Keep track of existing laws and changes to laws governing urban and rural land development. Help the leadership in capitalizing on any emerging opportunities for the benefit of the organization
- Guide the Leadership in interpretation of local by-laws and rules while entering into any land deal
- Review, negotiate and finalize documents (MOU, Joint Development Agreement, Lease Deed, Sales, Deed, Space Sharing Agreement, Agreement to Sell, Agreement to Build etc.) from a legal perspective, ensuring minimal / no risk to company
- Resolve any contractual issues developed while working with clients, JV partners, sub-contractors, contract employees, vendors, service providers etc.
- Drive timely Brand registration and renewals to shield the company Brand from risk (fraud, piracy, etc.) under Trade Marks, Patents Acts
- Work closely with Bankers to obtain project approvals by providing required documentation support; coordinate with Marketing Department for additional documentation (if required)
- Identify and empanel external legal counsels and consultants for various jobs as and when required
- Work closely with external advocates to finalize pleadings to be filed before the relevant courts; provide necessary guidance to Managers to present the evidence before the court
- Evaluate land records and conduct a thorough due diligence for all deals and transactions; highlight concern areas / gaps and recommend risk mitigation strategies / options
- Work closely with the Liaison Department to ensure timely completion of the conversion process / land usage and Khatha transfer / clubbing / bifurcation related activities
- Drive circulation of information / legal updates (latest amendments, gazette notifications, government orders, etc.) to all concerned departments / employees in the company to ensure that everybody is well informed
- Lead the development of a mechanism to check and counter-check adherence to legal/ statutory compliances across all the departments and regions
- Lead the development of a database of Land owners, Advocates and Project specific details (residential, commercial and retail); continuously update the same
- Track and foresee impending legal risks across and develop timely interventions to prevent business loss
- Ensure timely and efficient coordination with business partners for gaining clarity on all issues of disputes and policy interpretation
- Provide timely support to Internal Departments on all legal related matters; standardize the protocols for legal support and control processes across company
Financial - Minimize penalties due to oversight / errors in legal and compliance matters pertaining to land acquisition
- Minimize monetary losses due to project delays due to pending litigation
- Prepare Annual Budget for the department and obtain management approval
- Monitor the budget utilization; study and analyse any deviation from budget and take corrective action, as required
People:
- Actively participate in recruitment of senior roles within the Department
- Undertake performance management for Departmental staff / personnel
- Assess and fulfil training and career development requirements
- Foster an environment of learning, excellence and innovation within all aspects of team work
- Mentor and coach subordinates to develop the team's capabilities
- Play an active role in ensuring role clarity and establishing value orientation in employees
Perspective / Key Focus Areas Key Result Areas (KRAs) Key Performance Indicators (KPIs)
Execution Excellence Financials:
- % reduction in cost escalations due to legal liabilities/cost due to inaccuracy of in legal validations/legal non-compliance etc.
Delivery:
- % adherence to timelines for:
- Completing legal due diligence/registration for new land acquisition
- Vetting of various documents/ agreements shared with external parties
Quality:
- Number of out of court settlements as a percentage of total litigation cases
Job Type: Full-time
Pay: ?400,000.00 - ?2,000,000.00 per year
Schedule:
• Day shift
Ability to commute/relocate:
• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)
Experience:
• total work: 1 year (Preferred)
Work Location: In person
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