Barter contracting · Colaba

Barter contractor in Colaba

Excavation, piling, RCC and civil work for projects in Colaba, quoted from your drawings and settled in flats of the same project at 35% below market. Or 50/50. Or cash.

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Colaba · South Mumbai · Western line

Working in Colaba

Colaba runs from Regal Circle down to Navy Nagar, a long thin strip where Grade II heritage blocks, 1960s societies and the odd plot behind Colaba Causeway sit within a few hundred metres of each other.

Buyers are old Colaba families upgrading within the neighbourhood and corporate tenants; resale is quick because supply is so limited. Heritage-precinct NOCs slow the start, so developers here value a contractor who mobilises fast once the CC arrives and does not need a large site yard.

What comes up here is boutique: 12 to 25 flats per building, large 3 and 4 BHKs, sea-facing on the Cuffe Parade side, and almost always a redevelopment of an existing society rather than a fresh plot.

Access shapes the programme. Causeway traffic and one-way lanes off Wodehouse Road mean deliveries after 11 pm and small transit mixers; nothing over 6 wheels gets in easily.

Plots in Colaba are tight and access is by night, so we recommend conventional RCC with small-panel shuttering: it tolerates irregular footprints, needs no large formwork yard and lets us stage material inside the building. Mivan only makes sense here on the rare regular plot above 20 floors.

The deal, in one line: we build the structure in Colaba, you allot flats at 35% below your current rate. Prefer to keep inventory? Take 50/50 or pay cash on RA bills; the quote shows all three.

Colaba
Colaba · tight lanes and night-only access
Settlement

Three ways to pay for the work

Zero cash outflow
100%

100% barter

Entire work-order value settled in flats

Flats allotted at 35% below the project's current market rate. Best when the developer wants zero cash outflow on structure.

Most common
50/50

50% barter + 50% payment

Half in flats, half on running-account bills

Flats at 35% below market for the barter half; RA bills for the cash half. The most common structure for redevelopment schemes.

Cash

100% payment

Standard contracting on RA bills

We also take pure cash contracts on competitive item rates when the developer prefers to keep inventory.

Scope of work

Excavation to civil, in sequence

Each stage can be a separate work order or one continuous contract. Finishing is optional.

1

Excavation & shoring

Site clearance, demolition of the existing structure, debris disposal, excavation with sheet-pile or soldier-pile shoring for basements, dewatering.

2

Piling & foundation

Bored cast-in-situ piles, DMC piling, pile caps, rafts, retaining walls; pile load tests and PMC sign-off.

3

RCC structure

Columns, beams, slabs, shear walls, cores, podiums, water tanks. Conventional shuttering, Mivan (aluminium formwork) or tunnel-form as per the structural design.

4

Civil & masonry

AAC block work, internal and external plaster, waterproofing, screed, chajjas, parapets, compound wall.

5

Finishing (optional)

Tiling, sanitary and CP, doors and windows, painting, MEP coordination up to OC-ready shell or fully finished flats.

Quoting basis

Pricing follows the structure

Plots in Colaba are tight and access is by night, so we recommend conventional RCC with small-panel shuttering: it tolerates irregular footprints, needs no large formwork yard and lets us stage material inside the building. Mivan only makes sense here on the rare regular plot above 20 floors.

Conventional RCC

Ply-and-prop shuttering with cast-in-situ columns, beams and slabs. Suited to redevelopment plots with irregular footprints, podium-and-tower layouts and towers up to about 25 floors. Quoted per sq ft built-up or item-rate BOQ.

Mivan / aluminium formwork

Monolithic walls and slabs cast together on a 7-day floor cycle. Suited to repetitive floor plates of 20 to 60 floors and large townships. We own formwork sets; the quote covers formwork, labour and material.

Traditional / load-bearing

Brick or block load-bearing with RCC slabs for low-rise, bungalows, row-houses and G+3 society redevelopment in the suburbs and MMR. Lowest cost per sq ft; quoted per sq ft or lump-sum.

FAQ

Before you call: Colaba FAQs

Do you take contracting work in Colaba against flats?

Yes. We execute excavation, piling, RCC and civil work for projects in Colaba against a work order settled in flats, shops or units of the same project, valued at 35% below the project's current market rate. 50% barter + 50% payment and 100% payment contracts are also available.

Can the society or the PMC vet Barter Constructions before the Colaba development agreement is signed?

Yes, and we encourage it. We share our execution record, machinery list, formwork inventory and references, and attend society meetings with the developer when asked.

Can the Colaba contract be 50% barter and 50% payment?

Yes, and it is our most common structure for redevelopment schemes. The barter half is settled in flats at the agreed barter rate; the payment half is billed as running-account bills against PMC certification.

How quickly can you mobilise in Colaba?

Indicative quote within 72 hours of receiving drawings, site meeting within the week, signed work order and mobilisation within 15 days. Machinery, formwork and labour camps are our own.

What does 35% below market mean in practice for Colaba?

If flats in your Colaba project are selling at ₹55,000/sq ft carpet, we value the flats we receive at about ₹35,750/sq ft. Work-order value divided by that rate is the carpet area allotted to us, released against PMC-certified milestones.

How do you handle site logistics in Colaba?

Causeway traffic and one-way lanes off Wodehouse Road mean deliveries after 11 pm and small transit mixers; nothing over 6 wheels gets in easily. We plan deliveries, pours and crane time around those constraints and write realistic milestone dates into the work order.

What size of project do you take in Colaba?

From a single-building society redevelopment of about 20,000 sq ft built-up to multi-tower schemes. Below that size the documentation cost outweighs the benefit; above it there is no upper limit.

Process

From drawings to registered flats

01

Share drawings

Send architectural and structural drawings, elevation, floor plates and the RERA number. We take off quantities and build an item-rate BOQ.

02

Receive the quote

Quote per sq ft built-up or item-rate, separately for conventional RCC, Mivan or traditional as the structure demands. Barter, 50/50 and cash options side by side.

03

Fix the barter rate

Flats in the same project are valued at 35% below the current market rate. Work-order value ÷ barter rate = carpet area allotted to us.

04

Sign work order + ATS

Work order with milestone table, barter MOU and registered agreements for sale on the allotted flats. Escrow or milestone release as your lender permits.

05

Build and settle

Mobilise in 15 days. Milestones certified by your PMC; flats released to us against certified value, RA bills for any cash component.

Why we hold flats here

Colaba flats: our exit

Premium and ultra-luxury inventory in this belt has seen sustained absorption from end users and HNIs, so flats received on barter here are among the most liquid in our portfolio.

Buyers are old Colaba families upgrading within the neighbourhood and corporate tenants; resale is quick because supply is so limited. That is the pool our inventory desk sells into, and it is why we can offer 35% below market rather than a deeper discount.

Barter calculator
Barter rate ₹/sq ft (35% below market)
Carpet area allotted (sq ft)
≈ 2 BHK units (700 sq ft)

Indicative only. Final barter rate depends on stage, floor, view and RERA status.

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Send the Colaba drawings.

Quote from drawings in 72 hours. 35% below market on barter flats, or 50/50, or cash.

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