Property Acquisition Manager

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