TMT supplier on barter for Khetwadi sites: 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.
Redevelopment plots here use Fe500D throughout, with heavier bars in the transfer level where tenants' floors sit below the sale floors.
Khetwadi's fourteen numbered lanes between Grant Road and Girgaum are the densest patch of chawls and cessed buildings in the city, with the Ganpati pandals and old Marathi and Gujarati households that go with them.
Every second building has a redevelopment proposal; the outcome is 15 to 20 floors on plots of 600 to 1,200 sq m, tenants on the lower floors, compact sale flats above.
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 the same families who grew up in the lanes and office-goers who want a 10-minute walk to Grant Road or Charni Road station. That is who our inventory desk sells to when we take units here, which is why material-only barter in Khetwadi 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 Khetwadi 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 |
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 Khetwadi 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.
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.
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.
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.
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.
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.
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 Khetwadi:
Send the BOQ and the units you can allot. Proposal in 48 hours.