Fe500 / Fe500D / Fe550D TMT from primary mills (JSW, Tata Tiscon, SAIL, Jindal Panther, Vizag) delivered to site and settled in flats, shops or units — not cash. Serving Churchgate and the rest of South Mumbai.
Churchgate sits between Marine Drive and the Oval Maidan, a mix of Art Deco apartment blocks, the Eros building corner, college campuses and 1950s office blocks on Veer Nariman Road.
Redevelopment is constrained by the Art Deco heritage precinct, so most projects are structural repair, floor additions where FSI allows, and full rebuilds of non-heritage plots behind the main roads.
TMT comes in on 6- and 10-wheelers at night, 12 m lengths where the road allows and cut-and-bend from our yard where it does not. Deliveries are timed to the bar-bending schedule so nothing sits on the road.
Commercial floor plates here need heavier beams and longer spans, so 25 and 32 mm bars make up more of the order than in residential work.
Buyers are Gujarati and Marwari business families who have lived on Marine Drive for generations and want to stay. That is who our inventory desk sells to when we take units here, which is why material-only barter in Churchgate 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 Churchgate 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 Churchgate 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.
TMT comes in on 6- and 10-wheelers at night, 12 m lengths where the road allows and cut-and-bend from our yard where it does not. Deliveries are timed to the bar-bending schedule so nothing sits on the road.
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.
Yes. Most developers bundle tmt bars with the structure work order so the whole package is settled in flats at 35% below market, with deliveries mapped to slab milestones.
20 MT minimum per delivery; project supply 300 MT to 5,000 MT+ Smaller requirements can be clubbed with a neighbouring site in Churchgate if the timing works.
Other services in Churchgate:
Send the BOQ and the units you can allot. Proposal in 48 hours.