Barter contracting · Parel

Barter contractor in Parel

Excavation, piling, RCC and civil work for projects in Parel, 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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Parel · South Mumbai · Central line

Building in Parel

Parel is the hospital belt: KEM, Tata Memorial, Wadia, plus the BDD chawls, the mill land at Parel Village and the Bharatmata lanes where old chawls stand next to new towers.

BDD chawl redevelopment, mill-land towers of 40 to 60 floors and society rebuilds around Parel Village, with hospital-related demand for compact flats and serviced apartments.

Access shapes the programme. Dr Ambedkar Road is wide; the chawl lanes are not. Night deliveries for the inner sites.

Hospital staff, mill-worker families from the same chawls and investors buying compact flats for medical-tourism rentals. Compact 1 BHKs here rent well to hospital visitors, which makes them liquid barter units for us and useful settlement for developers.

Redevelopment plots in Parel vary, so we quote both: conventional RCC for irregular footprints and podium-and-tower layouts, Mivan where the plate repeats for 20 floors or more. The quote shows both rates so the developer can choose.

For Parel developers: a contractor who does not need monthly RA payments. We take flats at 35% below market, half-barter, or cash, whichever suits the project's cash flow this year.

Parel
Parel · workable roads with night delivery windows
Quoting basis

Quoted from drawings, by technology

Redevelopment plots in Parel vary, so we quote both: conventional RCC for irregular footprints and podium-and-tower layouts, Mivan where the plate repeats for 20 floors or more. The quote shows both rates so the developer can choose.

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.

Scope of work

Scope: demolition to plaster

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.

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.

FAQ

Questions we get from Parel developers

Do you take contracting work in Parel against flats?

Yes. We execute excavation, piling, RCC and civil work for projects in Parel 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.

Is a barter contract in Parel RERA-compliant?

Yes. Flats are allotted under the project's MahaRERA registration through a registered agreement for sale and appear in your quarterly RERA filing as sold inventory. We work only with RERA-registered projects or projects where registration is in process.

Can the Parel 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.

Can the society or the PMC vet Barter Constructions before the Parel 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.

Do you supply materials on barter in Parel as well?

Yes. TMT, ready-mix concrete, cement, aggregates, AAC blocks, structural steel and finishing materials are all available on barter in Parel, bundled into the contracting work order or as a separate supply agreement.

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

If flats in your Parel project are selling at ₹22,000/sq ft carpet, we value the flats we receive at about ₹14,300/sq ft. Work-order value divided by that rate is the carpet area allotted to us, released against PMC-certified milestones.

Who sells the flats you receive in Parel?

We do, through our inventory desk, or we hold them. The developer's sales team is not involved and there is no conflict with their pricing; our units are sold at a market-linked rate, not undercut.

Process

Step by step

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

Parel flats: our exit

New-launch sales here track infrastructure: metro lines, coastal road and flyover links have widened the buyer pool for mid-income flats, which supports our barter appetite.

Hospital staff, mill-worker families from the same chawls and investors buying compact flats for medical-tourism rentals. 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.

Also serving

Neighbouring areas

Material supply on barter in Parel:

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Building in Parel? Pay in flats.

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

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