Supply of structural steel to Breach Candy projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Luxury towers here use fabricated steel for sky lounges, canopies, feature staircases and podium structures.
Breach Candy is Bhulabhai Desai Road: the club, the hospital, the sea wall and a line of sea-facing society buildings from the 1960s that are being rebuilt into some of the most expensive flats in Asia.
Sea-facing redevelopment into 20 to 40-storey towers, full-floor or half-floor 4 and 5 BHKs, with marine-grade concrete and corrosion-resistant reinforcement specified throughout.
Hot-dip galvanised or duplex-coated steel for marine exposure, delivered at night and erected before the monsoon where possible.
Old South Mumbai families and returning NRIs; a sea-facing flat here sells on the day it is offered. That is who our inventory desk sells to when we take units here, which is why material-only barter in Breach Candy is typically 8–15% below the developer's rate rather than deeper.
Bundled with contracting in Breach Candy, the flats are taken at 35% below market and one work order covers structure and material.
Flats allotted at 35% below the project's current market rate. Best when the developer wants zero cash outflow on structure.
Flats at 35% below market for the barter half; RA bills for the cash half. The most common structure for redevelopment schemes.
We also take pure cash contracts on competitive item rates when the developer prefers to keep inventory.
| Sections | ISMB, ISMC, ISA, MS plates 5–50 mm, RHS/SHS, chequered plates, GI/HR coils |
|---|---|
| Fabrication | Cut, drill, weld, primer; PEB sheds, staircases, grills, railings, sky-walks |
| Brands | SAIL, JSW, Jindal, Tata Structura, APL Apollo, Steel Mills and Suppliers Stocks alloy stock |
| Lot size | 5 MT minimum; project supply 100 to 3,000 MT |
| Pricing basis | Per kg delivered, fabrication per kg or per item |
| Documents | Mill TC, fabrication drawings, GST invoice |
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.
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.
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.
Work order with milestone table, barter MOU, registered agreements for sale on the allotted flats, escrow or milestone release as the lender permits.
Mobilisation inside 15 days. Your PMC certifies milestones; flats release to us against certified value, RA bills cover any cash share.
Yes. We supply structural steel to projects in Breach Candy and settle against flats, shops or units of the same project at an agreed barter rate, with GST invoices on every delivery and a registered agreement for the allotted units.
SAIL, JSW, Jindal, Tata Structura, APL Apollo, Steel Mills and Suppliers Stocks alloy stock. The brand is fixed in the MOU; substitutions only with written approval from your PMC.
We do. Once a unit is released to us against delivered value, selling it is our problem, not the developer's. The developer's sales pricing is not affected.
Material rates are either locked per delivery or reset monthly against a published index; the barter rate for units is locked for the supply period. Both mechanisms are written into the MOU.
Indicative proposal within 48 hours of receiving the BOQ, site meeting within the week, first delivery within 7 to 10 days of the signed MOU. 5 MT minimum; project supply 100 to 3,000 MT
Yes. Units are allotted under the project's MahaRERA registration through a registered agreement for sale and appear in your quarterly RERA filing. We work only with RERA-registered projects or projects where registration is in process.
Other services in Breach Candy:
Send the BOQ and the units you can allot. Proposal in 48 hours.