Supply of tmt bars to Malabar Hill projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Malabar Hill is Ridge Road, Napean Sea Road, Walkeshwar's temple slope and the Hanging Gardens, with 1960s and 70s society buildings on steep plots that command the highest prices in India.
Society redevelopment into 20 to 35-storey luxury towers with 4 and 5 BHK plates, private lifts and, on the western slope, uninterrupted sea views.
Luxury towers here specify Fe550D and often CRS bars, with pile cages and shear-wall reinforcement making up a large share of the tonnage.
Trailers cannot make the slopes, so TMT is broken into 6-wheeler loads, lifted by tower crane straight from the road, and bar-bending happens on the slab because there is no flat yard.
Industrialist and legacy families already living on the Hill, plus a few international buyers; each flat sells individually, not in launches. That is who our inventory desk sells to when we take units here, which is why material-only barter in Malabar Hill 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 Malabar Hill for a single settlement at 35% below market.
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.
| 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 Malabar Hill 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.
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+
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.
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.
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 Malabar Hill:
Send the BOQ and the units you can allot. Proposal in 48 hours.