Senior Legal Executive

Job Title: Senior Executive - Legal (Real Estate)

Department: Legal

Location: Pune

About the Team

Our team is comprised of passionate individuals who are dedicated to pioneering access and transforming lives. We foster a collaborative and inclusive environment where everyone's contributions are valued and encouraged. As a member of our team, you will have the opportunity to work alongside talented professionals who are committed to driving innovation and making a positive impact.

About the Role

The Senior Executive Legal - Real Estate will manage and oversee all legal aspects related to the company's warehousing activities, focusing on lease agreements, property acquisition on lease or leave and license basis, and compliance with related to the local and state laws. The role requires a deep understanding of real estate laws, contract drafting and due diligence of property documents.

Key Deliverables (What Will You Do)

Lease Agreement Management:

• Draft, review, and negotiate lease agreements of properties PAN India.
• Ensure lease agreements are legally sound, comply with company policies, and protect the company's interests.

Property Acquisition and Due Diligence:

• Conduct due diligence of property documents by verifying the title of the owner, property tax, electricity bill, plan/layouts, etc.
• Manage the legal aspects of property acquisition on lease or leave and license basis.

Legal Compliance:

• Ensure compliance with all relevant local, state, and national real estate laws and regulations.
• Ensure proper stamp duty is paid as per the applicable State laws.
• Ensure the Lease Agreements are duly executed and notarized/registered as applicable.

Contract Drafting and Management:

• Draft and manage contracts related to warehousing activities, including indemnities, service agreements, and vendor contracts.
• Maintain a repository of all contracts and legal documents.

Collaboration and Liaison:

• Negotiate the terms of the Lease Agreement with the Landlord without diluting the interest of the organization.
• Collaborate with internal departments such as operations, finance, and business development to ensure alignment on legal matters.
• Liaise with external legal counsel and regulatory bodies as needed.

Renewals and Termination:

• Track renewal of Lease Agreements and follow up with the business team for timely of the Lease Agreements.
• Issuance of termination notices for properties to be vacated.

Documentation and Reporting:

• Maintain an exhaustive MIS of all property-related documents, lease renewals, termination notice and compliance records.
• Provide regular reports to senior management on the status of legal matters and compliance.

Job Specification (What Will You Need)

• LLB degree with excellent academic credentials.
• Minimum 1-3 years of experience in real estate law, with a focus on lease agreements and property acquisition.
• Prior experience as an in-house lawyer in the warehousing or logistics industry is preferred.
• Proficient in legal drafting with attention to detail.
• Proficient in MS Outlook, Word, Excel, and PowerPoint.
• Strong communication, interpersonal, and partner management skills.
• A self-starter with excellent business discernment, legal acumen, and the ability to work both cross-functionally and independently.
• Knowledge of Real Estate laws.
• Ability to understand the provisions related to notary, registration of documents, stamp duty payable on agreements.
• Ability to read, understand and review property documents such as sale deed, gift deed, land records, etc.
• Ability to handle pressure and volumes.

About ElasticRun

Elasticrun is sparking a quiet revolution, reshaping consumption as well as distribution, and is dedicated to transforming lives. We break down barriers that have separated communities from modern ecommerce, extending the reach of goods to once inaccessible territories. Leveraging technology, Elasticrun connects the dots in a complex supply chain, streamlining processes and thereby making goods more accessible and affordable.

Beyond the numbers and accolades, our true strength lies in our people. We champion a people-first culture with gender-neutral and inclusive. Discover opportunities to be part of our dynamic team.

We’d Love to Get to Know You

Please note: The HR team at ElasticRun will only reach out to you through official email addresses and will never request sensitive information or documents (such as passwords, bank details, OTPs, etc.) prior to the final onboarding process. Please avoid responding to unsolicited emails or messages from unofficial sources.