Contracts Head - Real Estate

Madhav Limaye Consulting; Pune District; On-site; INR 1,800,000 - 3,400,000; Full time

Job summary

Madhav Limaye Consulting is seeking a Contracts Head to oversee real estate contracts from drafting through closure. The role requires strong leadership across commercial teams and close coordination with project stakeholders in Pune.

Ideal candidates will have 8–12 years of experience in contract management, tendering, and cost control, with a track record of negotiating favorable terms and ensuring compliance with timelines and budgets. Based in Pune, the position is office-based.

Qualifications

• 8-12 years of experience in contract management within real estate or construction sectors.
• Proven ability to manage contract lifecycles from drafting to closure.
• Strong negotiation, budgeting and cost control capability.

Responsibilities

• Manage the complete contract lifecycle: drafting, review, negotiation, execution and closure.
• Lead tendering, BOQ review, cost estimation and commercial bid evaluation.
• Monitor budgets, variations, RA/final bills, and ensure timely bill processing.

Skills

Contract management

Tendering & estimation

Commercial & cost control

Claims & risk management

Vendor & subcontractor management

Project coordination

Team leadership

Job description

Contracts Head - Real Estate

Work Experience - 8 to 12 Yrs

Location: Head office , Law College Road, Pune

Website: www.limaye.co

Key Roles & Responsibilities

Contract Management

• Manage the complete contract lifecycle, including drafting, reviewing, negotiation, execution, amendments, and closure.
• Review construction contracts, work orders, subcontractor agreements, and consultancy agreements.
• Ensure contractual terms, scope of work, payment terms, timelines, and deliverables are clearly defined.

Tendering & Estimation

• Lead tender preparation, BOQ review, rate analysis, cost estimation, and commercial bid evaluation.
• Review tender documents, specifications, drawings, and scope requirements.
• Negotiate rates and commercial terms with contractors, vendors, and suppliers.

Commercial & Cost Control

• Monitor project budgets, contract values, variations, and cost deviations.
• Review running account (RA) bills, final bills, extra-item claims, and rate variations.
• Ensure accurate measurement verification, certification, and timely bill processing in coordination with project teams.

Claims & Risk Management

• Handle contractual disputes, extension‑of‑time (EOT) claims, delay claims, and additional‑cost claims.
• Identify contractual risks and recommend mitigation strategies.
• Coordinate with legal advisors and management on contractual disputes and settlements.

Vendor & Subcontractor Management

• Evaluate contractor and subcontractor commercial proposals.
• Lead negotiations, finalize contractual terms, and monitor compliance with agreed conditions.
• Ensure proper documentation of work orders, variations, and approvals.

Project Coordination

• Coordinate with Project Managers, Planning, QS, Procurement, Finance, and Legal teams.
• Track contractual milestones, payment schedules, project timelines, and obligations.
• Support project teams in resolving commercial and contractual issues.

Team Leadership & Reporting

• Lead and mentor the contracts and commercial team.
• Establish standard procedures for contract review, tendering, billing, and documentation.
• Prepare periodic reports on contract status, project costs, claims, variations, and commercial risks for management.

The position is open for candidates based in Pune only