Supply of tmt bars to Bandra projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Bandra West is Pali Hill, Bandstand, Carter Road, Hill Road and the lanes of 1950s to 70s societies behind them, with Bollywood addresses and the highest suburban prices in the city.
Boutique society redevelopment of 12 to 25 floors with 3 and 4 BHKs; sea-facing Bandstand and Carter Road plots are CRZ-controlled and command the top rates.
Luxury towers here specify Fe550D and often CRS bars, with pile cages and shear-wall reinforcement making up a large share of the tonnage.
For TMT this means bundles cut to 6 m or shorter so they turn into the lane, unloading by hand or mini-crane after 11 pm, and steel stacked inside the plinth rather than in a yard. We also do cut-and-bend at our yard so the site only receives finished bars.
Film-industry, media and finance buyers who will only live in Bandra West; flats sell to known buyers before launch. That is who our inventory desk sells to when we take units here, which is why material-only barter in Bandra is typically 8–15% below the developer's rate rather than deeper.
Typical structure: TMT for 3 to 6 towers of a redevelopment scheme is settled against 1 to 4 residential units at the project's agreed barter rate. Combine it with barter contracting in Bandra 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.
| Grades | Fe500, Fe500D, Fe550D, Fe600 (IS 1786:2008) |
|---|---|
| Sizes | 8, 10, 12, 16, 20, 25, 32 mm; cut-and-bend and CNC pile-cage fabrication available |
| Brands | JSW Neosteel, Tata Tiscon, SAIL, Jindal Panther, Vizag, Kamdhenu, secondary mills on request |
| Lot size | 20 MT minimum per delivery; project supply 300 MT to 5,000 MT+ |
| Pricing basis | Daily Mumbai market rate + ex-yard freight, locked per delivery or per month as agreed |
| Documents | Mill test certificate, weighbridge slip, e-way bill, GST invoice on every truck |
Send architectural and structural drawings, elevation, floor plates and the RERA number. We take off quantities and build an item-rate BOQ.
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.
Flats in the same project are valued at 35% below the current market rate. Work-order value ÷ barter rate = carpet area allotted to us.
Work order with milestone table, barter MOU and registered agreements for sale on the allotted flats. Escrow or milestone release as your lender permits.
Mobilise in 15 days. Milestones certified by your PMC; flats released to us against certified value, RA bills for any cash component.
Yes. We supply tmt bars to projects in Bandra 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.
Yes. Any ratio works; many developers settle finishing-stage material in cash and structure-stage material in 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.
Mill test certificate, weighbridge slip, e-way bill, GST invoice on every truck. Everything is mapped to the agreement ledger and reconciled monthly against the allotted value.
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. 20 MT minimum per delivery; project supply 300 MT to 5,000 MT+
JSW Neosteel, Tata Tiscon, SAIL, Jindal Panther, Vizag, Kamdhenu, secondary mills on request. The brand is fixed in the MOU; substitutions only with written approval from your PMC.
Other services in Bandra:
Send the BOQ and the units you can allot. Proposal in 48 hours.