Development Director

Job SummaryThe Development Director is responsible for driving the strategic planning, financial performance, and commercial success of real estate projects from concept through market delivery. The role focuses on feasibility, product positioning, inventory management, and data-driven decision-making to maximize project profitability and market competitiveness.Key Responsibilities Define and execute development strategies aligned with company objectives Identify new development opportunities, land acquisitions, and partnerships Lead feasibility studies including highest and best use analysis Lead and oversee the development of project master plans in alignment with business and commercial objectives Define land use, zoning allocation, phasing strategies, and development density Ensure optimal mix of residential, commercial, and mixed-use components based on market demand Review and guide master planning outputs to ensure efficiency, profitability, and alignment with project vision Coordinate with internal and external stakeholders to ensure master plan feasibility and compliance with regulations Lead financial modeling, budgeting, and forecasting for all projects Evaluate project viability using ROI, IRR, NPV, and sensitivity analysis Monitor financial performance and recommend corrective actions Work closely with finance and investment teams on funding strategies Develop and manage unit mix strategy aligned with market demand Monitor inventory levels, sales absorption rates, and stock aging Optimize release strategies (phasing, pricing, unit allocation) Coordinate with sales teams to ensure efficient inventory turnover Conduct in-depth market research, competitor bench marking, and trend analysis Provide insights on pricing, product positioning, and customer segmentation Support marketing strategy with data-driven recommendations Evaluate customer feedback and sales performance to refine offerings Oversee project lifecycle from concept, feasibility, approvals, to handover Ensure alignment between business plan, timelines, and commercial targets Monitor progress against milestones and manage associated risks Manage relationships with government authorities and regulatory bodies Ensure all necessary approvals, permits, and compliance requirements are met Lead negotiations with partners, consultants, and service providers Collaborate closely with sales teams on pricing strategies and sales plans Align inventory release with market demand and revenue targets Support product launches and commercial strategies RequirementsBachelor’s degree in Business, Real Estate, Finance, Engineering, or related field MBA or Master’s in Real Estate/Finance is preferred 10–15+ years of experience in real estate development, investment, or strategy Strong background in financial modeling, master planning, and market analysis Proven experience in managing inventory and pricing strategies Excellent analytical, leadership, and stakeholder management skills