Supply of tmt bars to Worli projects, priced at daily Mumbai rates and settled in flats or units instead of cash.
Worli is the Sea Face, the Sea Link, the BDD chawls, Worli Koliwada and the mill land on Annie Besant Road where the city's tallest residential towers stand.
Super-luxury sea-facing towers of 50 to 80 floors on the Sea Face and mill land, alongside the BDD chawl redevelopment producing thousands of rehab and sale flats.
Luxury towers here specify Fe550D and often CRS bars, with pile cages and shear-wall reinforcement making up a large share of the tonnage.
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.
Ultra-HNI buyers for sea-facing plates; mid-income families from the same chawls and the neighbouring wards for BDD sale flats. That is who our inventory desk sells to when we take units here, which is why material-only barter in Worli 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 Worli 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 |
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.
Yes. We supply tmt bars to projects in Worli 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.
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.
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+
For material-only supply in Worli the barter rate is usually 8–15% 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. 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.
Other services in Worli:
Send the BOQ and the units you can allot. Proposal in 48 hours.