Supply of structural steel to Fort projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Fort is the old commercial heart, from Horniman Circle to Flora Fountain, with Victorian stone buildings, Bombay Samachar Marg and lanes of cessed tenements behind the banks.
Redevelopment buildings here use structural steel for staircases, canopies, railings and the occasional transfer beam.
Projects are heritage-grade restoration on the main streets and cessed-building redevelopment under DCPR 33(7) in the inner lanes, producing small mixed-use buildings with shops below and flats above.
Fabricated members are cut to lengths that turn into the lane, delivered on 6-wheelers at night and lifted by mini-crane; anything larger is spliced on site.
Ground-floor shops sell to jewellers and stockbrokers; upper floors go to tenants being rehoused plus a few sale flats to office-goers wanting to walk to work. That is who our inventory desk sells to when we take units here, which is why material-only barter in Fort is typically 10–18% below the developer's rate rather than deeper.
Used heavily for podium steel, MEP supports, PEB parking and club-house structures; settled against commercial or residential units. Combine it with barter contracting in Fort for a single settlement at 35% below market.
| 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 Fort 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.
Mill TC, fabrication drawings, GST invoice. Everything is mapped to the agreement ledger and reconciled monthly against the allotted value.
For material-only supply in Fort the barter rate is usually 10–18% below the developer's current sales rate. When the material is bundled into a contracting work order, flats are valued at 35% below market.
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
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.
Other services in Fort:
Send the BOQ and the units you can allot. Proposal in 48 hours.