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. Serving Marine Lines and the rest of South Mumbai.
Marine Lines stretches from the Marine Drive promenade back to Kalbadevi Road, a belt of 1940s to 1960s cessed buildings, Parsi colonies and the old Bombay Hospital lanes.
Redevelopment plots here use Fe500D throughout, with heavier bars in the transfer level where tenants' floors sit below the sale floors.
Cessed-building redevelopment under 33(7) dominates: 7 to 15-storey buildings with tenants rehoused and a sale component of compact 2 BHKs.
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 families from the same wards who want a modern flat without leaving the Marine Lines school and hospital belt. That is who our inventory desk sells to when we take units here, which is why material-only barter in Marine Lines 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 Marine Lines 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 Marine Lines 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 material-only supply in Marine Lines the barter rate is usually 10–18% below the developer's current sales rate. When the material is bundled into a contracting work order, flats are valued at 35% below market.
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.
Yes. Any ratio works; many developers settle finishing-stage material in cash and structure-stage material in units.
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.
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.
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.
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.
Other services in Marine Lines:
Send the BOQ and the units you can allot. Proposal in 48 hours.