TMT supplier on barter for Lower Parel 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.
Lower Parel is the mill district turned business district: Phoenix, Kamala Mills, Senapati Bapat Marg and the towers on every former mill compound between Elphinstone and Worli.
Luxury towers here specify Fe550D and often CRS bars, with pile cages and shear-wall reinforcement making up a large share of the tonnage.
Mega projects on mill land: 50 to 80-storey residential towers, Grade-A offices, retail and hotel components, built with Mivan and jump-form cores.
Full 12 m bundles arrive on trailers, unloaded by site crane into a proper steel yard; cut-and-bend can be done on site or at our yard, whichever the PMC prefers.
Corporate professionals working in the same district, plus investors in the office component. That is who our inventory desk sells to when we take units here, which is why material-only barter in Lower Parel 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 Lower Parel 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 |
Yes. We supply tmt bars to projects in Lower Parel 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.
Full 12 m bundles arrive on trailers, unloaded by site crane into a proper steel yard; cut-and-bend can be done on site or at our yard, whichever the PMC prefers.
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.
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.
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.
Other services in Lower Parel:
Send the BOQ and the units you can allot. Proposal in 48 hours.