Property Acquisition Manager

Lite Stays; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Fixed salary

Performance-linked acquisition Incentv

Travel expense reimbursement

Exposure to founder-led negotiations

Growth opportunities

Job summary

Lite Stays in Mumbai is seeking a Property Acquisition Manager to expand our serviced-apartment portfolio by sourcing apartments, multi-unit opportunities and building-level partnerships across Mumbai.

The role requires strong negotiation skills, deep knowledge of Mumbai's residential market, and the ability to independently generate leads while managing relationships with owners, brokers and channel partners.

Qualifications

• 25 years of experience in real estate business development, property acquisition, leasing, brokerage, co-living, managed accommodation or property management.
• Strong knowledge of Mumbai residential real-estate market.
• Existing relationships with Mumbai brokers, builders, developers or property owners are a plus.

Responsibilities

• Source residential apartments suitable for serviced-apartment operations.
• Build and maintain relationships with builders, developers, property owners, investors, brokers and channel partners.
• Proactively identify multi-unit opportunities, entire floors and clusters of apartments.
• Conduct regular field visits and property inspections across Mumbai.
• Negotiate rent, security deposit, lock-in, escalation, brokerage and other commercial terms.
• Explore fixed lease, management contract and revenue-share models with owners and developers.
• Assess properties based on location, revenue potential and feasibility.
• Coordinate documentation, commercial discussions and handover after approvals.
• Work directly with the founder on larger property and developer partnerships.

Skills

Negotiation skills

Commercial acumen

English & Hindi communication

Field work discipline

Job description

Role & responsibilities

Lite Stays is a growing serviced-apartment operator in Mumbai. We are looking for a Property Acquisition Manager to expand our portfolio by sourcing apartments, multi-unit opportunities and building-level partnerships across Mumbai.

The candidate will:

• Source residential apartments suitable for serviced-apartment operations.
• Build and maintain relationships with builders, developers, property owners, investors, brokers and channel partners.
• Proactively identify multi-unit opportunities, entire floors and clusters of apartments.
• Conduct regular field visits and property inspections across Mumbai.
• Negotiate rent, security deposit, lock-in, escalation, brokerage and other commercial terms.
• Explore fixed lease, management contract and revenue-share models with owners and developers.
• Assess properties based on location, expected revenue, rental economics, building/society permissions and operational feasibility.
• Maintain an active pipeline of acquisition opportunities and provide regular updates to management.
• Coordinate documentation, commercial discussions and handover after approval.
• Work directly with the founder on larger property and developer partnerships.

Important:

This is a property acquisition and business development role, not residential property sales. The objective is to acquire suitable inventory for Lite Stays' serviced-apartment portfolio.

Preferred candidate profile:

• 25 years of experience in real estate business development, property acquisition, leasing, brokerage, co-living, managed accommodation or property management.
• Strong knowledge of the Mumbai residential real-estate market.
• Existing relationships with Mumbai brokers, builders, developers or property owners will be a major advantage.
• Comfortable with extensive field work and meeting property owners/brokers.
• Strong negotiation and commercial skills.
• Able to independently generate leads rather than relying only on company-provided leads.
• Experience sourcing multiple units or bulk inventory is preferred.
• Good English and Hindi communication skills. Marathi is a plus.

Perks and benefits:

• Fixed salary + performance-linked acquisition incentives
• Travel/field expense reimbursement
• Direct exposure to founder-led negotiations and large property deals
• Significant growth opportunity as Lite Stays expands its Mumbai portfolio