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 Colaba and the rest of South Mumbai.
Luxury towers here specify Fe550D and often CRS bars, with pile cages and shear-wall reinforcement making up a large share of the tonnage.
Colaba runs from Regal Circle down to Navy Nagar, a long thin strip where Grade II heritage blocks, 1960s societies and the odd plot behind Colaba Causeway sit within a few hundred metres of each other.
What comes up here is boutique: 12 to 25 flats per building, large 3 and 4 BHKs, sea-facing on the Cuffe Parade side, and almost always a redevelopment of an existing society rather than a fresh plot.
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.
Buyers are old Colaba families upgrading within the neighbourhood and corporate tenants; resale is quick because supply is so limited. That is who our inventory desk sells to when we take units here, which is why material-only barter in Colaba is typically 8–15% below the developer's rate rather than deeper.
Bundled with contracting in Colaba, the flats are taken at 35% below market and one work order covers structure and material.
| 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 |
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.
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 tmt bars to projects in Colaba 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.
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.
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.
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.
Yes. Any ratio works; many developers settle finishing-stage material in cash and structure-stage material in units.
20 MT minimum per delivery; project supply 300 MT to 5,000 MT+ Smaller requirements can be clubbed with a neighbouring site in Colaba if the timing works.
Other services in Colaba:
Send the BOQ and the units you can allot. Proposal in 48 hours.