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 Matunga and the rest of Central Mumbai.
Redevelopment plots here use Fe500D throughout, with heavier bars in the transfer level where tenants' floors sit below the sale floors.
Matunga is the Five Gardens, the Ruia and Podar campuses, the South Indian belt around King's Circle and the Parsi Colony, with well-kept 1930s to 60s societies on tree-lined roads.
Society redevelopment into 12 to 20-storey buildings with 2 and 3 BHKs; heritage-precinct rules apply around the Five Gardens and Parsi Colony.
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 Indian, Gujarati and Parsi families from the same societies; buyers are conservative and want a known contractor. That is who our inventory desk sells to when we take units here, which is why material-only barter in Matunga 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 Matunga 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 Matunga 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.
For material-only supply in Matunga 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.
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.
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.
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 Matunga:
Send the BOQ and the units you can allot. Proposal in 48 hours.