TMT supplier on barter · Kemps Corner

TMT Bars on barter in Kemps Corner

Supply of tmt bars to Kemps Corner projects, priced at daily Mumbai rates and settled in flats or units instead of cash.

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Kemps Corner · South Mumbai · Western line

Kemps Corner: tmt bars on barter

Kemps Corner is the flyover, Cumballa Hill, August Kranti Marg and the quiet lanes behind Kemps Corner Circle where 1960s co-operative societies are being rebuilt one at a time.

Boutique redevelopment: 15 to 25 floors, 2 to 4 flats per floor, 3 and 4 BHKs with car lifts on plots too small for ramps.

Luxury towers here specify Fe550D and often CRS bars, with pile cages and shear-wall reinforcement making up a large share of the tonnage.

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.

South Mumbai families upgrading within a kilometre of where they already live; flats sell to known buyers before completion. That is who our inventory desk sells to when we take units here, which is why material-only barter in Kemps Corner 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 Kemps Corner for a single settlement at 35% below market.

TMT
TMT Bars · Kemps Corner · workable roads with night delivery windows
Settlement

Barter, half-barter or cash

Zero cash outflow
100%

100% barter

Entire work-order value settled in flats

Flats allotted at 35% below the project's current market rate. Best when the developer wants zero cash outflow on structure.

Most common
50/50

50% barter + 50% payment

Half in flats, half on running-account bills

Flats at 35% below market for the barter half; RA bills for the cash half. The most common structure for redevelopment schemes.

Cash

100% payment

Standard contracting on RA bills

We also take pure cash contracts on competitive item rates when the developer prefers to keep inventory.

Specification

Specification

GradesFe500, Fe500D, Fe550D, Fe600 (IS 1786:2008)
Sizes8, 10, 12, 16, 20, 25, 32 mm; cut-and-bend and CNC pile-cage fabrication available
BrandsJSW Neosteel, Tata Tiscon, SAIL, Jindal Panther, Vizag, Kamdhenu, secondary mills on request
Lot size20 MT minimum per delivery; project supply 300 MT to 5,000 MT+
Pricing basisDaily Mumbai market rate + ex-yard freight, locked per delivery or per month as agreed
DocumentsMill test certificate, weighbridge slip, e-way bill, GST invoice on every truck
Process

How a deal runs

01

Drawings in

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.

02

Quote out

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.

03

Rate agreed

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.

04

Paper signed

Work order with milestone table, barter MOU, registered agreements for sale on the allotted flats, escrow or milestone release as the lender permits.

05

Site starts

Mobilisation inside 15 days. Your PMC certifies milestones; flats release to us against certified value, RA bills cover any cash share.

FAQ

FAQ for Kemps Corner developers

Do you supply tmt bars in Kemps Corner on barter against flats?

Yes. We supply tmt bars to projects in Kemps Corner 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.

How do deliveries work at Kemps Corner sites?

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.

Can we settle partly in cash and partly in units for tmt bars in Kemps Corner?

Yes. Any ratio works; many developers settle finishing-stage material in cash and structure-stage material in units.

Who bears the risk of the units you receive in Kemps Corner?

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.

What barter rate applies to a material-only deal in Kemps Corner?

For material-only supply in Kemps Corner the barter rate is usually 8–15% below the developer's current sales rate. When the material is bundled into a contracting work order, flats are valued at 35% below market.

What if material prices move during supply to Kemps Corner?

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.

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Need tmt bars in Kemps Corner without paying cash?

Send the BOQ and the units you can allot. Proposal in 48 hours.

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