Supply of tmt bars 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.
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.
Redevelopment plots here use Fe500D throughout, with heavier bars in the transfer level where tenants' floors sit below the sale floors.
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.
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.
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 Fort for a single settlement at 35% below market.
| 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 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.
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.
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.
Yes. Any ratio works; many developers settle finishing-stage material in cash and structure-stage material in units.
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. 20 MT minimum per delivery; project supply 300 MT to 5,000 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.