Assistant Manager - Leasing

Gera Developments; Pune District; On-site; INR 300,000 - 420,000; Full time

Job summary

Gera Developments Private Limited is looking for a Leasing Executive to source tenants/buyers and manage leasing across properties. The role involves developing strategies, maximizing occupancy and rental income, and coordinating between maintenance and legal teams.

You will analyze market trends, maintain tenant relationships, and report on performance. The position requires strong negotiation and communication skills, with a focus on ensuring compliance and timely rent collection.

Responsibilities

• Sourcing tenant/buyer through different channels
• Managing leasing activities for a property or portfolio, including strategies to maximize occupancy and rental income
• Developing leasing strategies aligned with property objectives
• Analyse market trends and competitor activity
• Build and maintain relationships with tenants
• Address tenant inquiries and complaints promptly
• Coordinate retention initiatives to minimize vacancies
• Negotiate lease terms with prospective tenants
• Ensure lease compliance with legal requirements and policies
• Collaborate with legal for lease documents
• Monitor rent collection and arrears, take appropriate action
• Prepare leasing budgets and forecasts
• Collaborate with maintenance teams to keep properties attractive
• Identify opportunities for property enhancements
• Generate regular leasing performance reports
• Analyze leasing data for optimization
• Provide recommendations to senior management

Job description

About the job

Get to know us better

We are Gera Developments Private Limited (GDPL), a brand known by our five-decade history as one of the pioneers in the Real Estate business in Pune. Innovation, transparency, and enhanced customer experience is how we have created award-winning, premium residential and commercial projects in Pune, Goa, Bengaluru, and California. We live and work by “Let’s Outdo”, a philosophy that defines everything we do to raise the standards of Real Estate in the country.

There are many ‘firsts’ that stand to our credit. Way back in 2004, we introduced India’s first 5-year Warranty on Real Estate, that RERA mandated only in 2017. We then introduced India’s first and only 7-year warranty in Real Estate. In 2014, we designed and launched the award-winning ChildCentric® Homes, which revolutionised the Real Estate sector for both, the developer, and the home buyer. IntelliplexesTM, SkyVillasTM, and The Imperium series are our other highly successful product lines. In our 50th Year, we launched yet another first-of-its-kind industry initiative—Gera’s Home Equity Power—a means to provide financial flexibility to customers to meet financial emergencies.

How the world sees us

It has been an honour to be recognised as an innovative business leader, and an employer to build a career with by some of the best talent in the country.

We’re the only Real Estate company to be recognised in the top 10 mid-size organisations six times in a row by the Great Places to Work® Institute, and we continue to feature amongst the Top 50 Great Mid-Size WorkplacesTM 2024 in India. In 2024, we have also been proudly recognised as one of India’s Best WorkplacesTM in Real Estate, and India’s Best WorkplacesTM in Building a Culture of Innovation for All. As we raise the bar on service orientation, product innovation, real estate marketing, and brand building, we are consciously creating a workplace where our employees achieve new heights in their areas of expertise.

Job role –

• Responsible for sourcing tenant /buyer through different channels
• Responsible for managing all aspects of leasing activities for a property or real estate portfolio. This includes developing and implementing leasing strategies, attracting and retaining tenants, negotiating lease agreements, and ensuring occupancy targets are met.
• Support in developing comprehensive leasing strategies in alignment with property or portfolio objectives. Implement strategies to maximize occupancy rates and rental income.
• Analyse market trends and competitor activity to identify opportunities and threats.
• Build and maintain positive relationships with existing and potential tenants.
• Address tenant inquiries, concerns, and complaints promptly and effectively.
• Coordinate tenant retention initiatives to minimize vacancies and turnover.
• Negotiate lease terms and conditions with prospective tenants.
• Ensure lease agreements comply with legal requirements and property policies.
• Collaborate with legal counsel as needed to finalize lease documents
• Monitor rent collection and arrears, taking appropriate action to address delinquencies.
• Prepare leasing budgets and forecasts, tracking performance against targets.
• Collaborate with maintenance teams to ensure properties are well-maintained and attractive to tenants.
• Identify opportunities for property enhancements or renovations to increase desirability and value.
• Generate regular reports on leasing performance, occupancy rates, and market trends.
• Analyse leasing data to identify opportunities for improvement and optimization.
• Provide recommendations to senior management based on analysis and insights.