Barter contracting · Worli

Barter contractor in Worli

We run the site in Worli from demolition to plaster and settle in units at 35% below market, or half in units and half in cash, or plain cash. Your drawings, our quote, 72 hours.

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Worli · South Mumbai · Western line

Worli: the ground reality

Worli is the Sea Face, the Sea Link, the BDD chawls, Worli Koliwada and the mill land on Annie Besant Road where the city's tallest residential towers stand.

Access shapes the programme. Annie Besant Road and Dr Ambedkar Road take trailers; Sea Face sites are CRZ-controlled and need marine-grade concrete.

Super-luxury sea-facing towers of 50 to 80 floors on the Sea Face and mill land, alongside the BDD chawl redevelopment producing thousands of rehab and sale flats.

Towers in Worli are tall, plates are large and finishes are premium, so we quote Mivan or jump-form for the core and conventional RCC for podiums and transfer levels, with M50-plus concrete and Fe550D reinforcement as the consultant specifies.

Ultra-HNI buyers for sea-facing plates; mid-income families from the same chawls and the neighbouring wards for BDD sale flats. Worli has both ends of the market on one road, and we structure barter differently for each: one flat for a luxury structure package, several 1 and 2 BHKs for a BDD-type sale wing.

The deal, in one line: we build the structure in Worli, 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.

Worli
Worli · good road access and room for a proper yard
Settlement

Settlement options

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

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.

Quoting basis

Pricing follows the structure

Towers in Worli are tall, plates are large and finishes are premium, so we quote Mivan or jump-form for the core and conventional RCC for podiums and transfer levels, with M50-plus concrete and Fe550D reinforcement as the consultant specifies.

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: Worli FAQs

Do you take contracting work in Worli against flats?

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

How do you handle site logistics in Worli?

Annie Besant Road and Dr Ambedkar Road take trailers; Sea Face sites are CRZ-controlled and need marine-grade concrete. 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 Worli?

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.

Who sells the flats you receive in Worli?

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.

What protection does the developer have in Worli?

Flats are released only against PMC-certified work value, in tranches tied to milestones, so the developer never allots more than has been built. Escrow is available where the lender requires it.

Can the Worli 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 do you arrive at a quote for a Worli project?

From your architectural and structural drawings, elevation and floor plates. We take off quantities and quote per sq ft built-up or item-rate BOQ, showing conventional RCC, Mivan and traditional construction side by side where more than one applies.

Process

How a deal runs

01

Drawings in

Architectural and structural sets, elevation, floor plates and the RERA number. Our estimators take off quantities and build an item-rate BOQ within three working days.

02

Quote out

Per sq ft built-up or item-rate, shown for conventional RCC, Mivan or traditional as the structure allows, with barter, 50/50 and cash columns side by side.

03

Rate agreed

Flats in the same project valued at 35% below today's rate. Work-order value divided by that rate gives the carpet area we receive; the unit schedule goes into the MOU.

04

Paper signed

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

05

Site starts

Mobilisation inside 15 days. Your PMC certifies milestones; flats release to us against certified value, RA bills cover any cash share.

Why we hold flats here

Worli 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.

Ultra-HNI buyers for sea-facing plates; mid-income families from the same chawls and the neighbouring wards for BDD sale flats. 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

Around Worli

Material supply on barter in Worli:

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Worli structure, settled in units.

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

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