Supply of tmt bars to Govandi projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Govandi is Deonar, Baiganwadi, Shivaji Nagar and the Govandi station belt, with large SRA schemes and new mid-rise projects along the Mankhurd–Ghatkopar Link Road.
SRA-led redevelopment of 20 to 30 floors and affordable mid-rise sale projects; 1 and 2 BHKs dominate.
Highway access means trailer-load deliveries of 12 m bundles direct from the mill or our yard, unloaded by crane into a steel yard on site; the largest single deliveries we make in the city are on this belt.
SRA and society schemes here consume TMT in two bursts: rehab wing first, sale wing second, and we price each burst at that month's rate.
Families from the same neighbourhoods and first-time buyers from Chembur and Kurla. That is who our inventory desk sells to when we take units here, which is why material-only barter in Govandi is typically 12–20% 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 Govandi 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 |
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.
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 Govandi 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. Units are allotted under the project's MahaRERA registration through a registered agreement for sale and appear in your quarterly RERA filing. We work only with RERA-registered projects or projects where registration is in process.
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 Govandi if the timing works.
For material-only supply in Govandi the barter rate is usually 12–20% below the developer's current sales rate. When the material is bundled into a contracting work order, flats are valued at 35% below market.
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.
Other services in Govandi:
Send the BOQ and the units you can allot. Proposal in 48 hours.