Supply of structural steel to Mahalaxmi projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Mahalaxmi is the racecourse, the temple, Haji Ali and the mill land between Dr E Moses Road and the sea, where textile mills have become some of the city's tallest residential towers.
Mill-land towers of 40 to 70 floors with 3 and 4 BHK plates overlooking the racecourse, plus society redevelopment on the Tardeo side.
Full-length girders and PEB frames on trailers, mobile-crane erected; site welding and grouting by our own crew.
Luxury towers here use fabricated steel for sky lounges, canopies, feature staircases and podium structures.
Upper-management and business-owner buyers who want a racecourse or sea view and a large floor plate. That is who our inventory desk sells to when we take units here, which is why material-only barter in Mahalaxmi is typically 8–15% 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 Mahalaxmi for a single settlement at 35% below market.
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 Mahalaxmi 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.
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.
Yes. Any ratio works; many developers settle finishing-stage material in cash and structure-stage material in units.
Full-length girders and PEB frames on trailers, mobile-crane erected; site welding and grouting by our own crew.
Mill TC, fabrication drawings, GST invoice. Everything is mapped to the agreement ledger and reconciled monthly against the allotted value.
Yes. Most developers bundle structural steel with the structure work order so the whole package is settled in flats at 35% below market, with deliveries mapped to slab milestones.
Other services in Mahalaxmi:
Send the BOQ and the units you can allot. Proposal in 48 hours.