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The Challenge:

In 2021, during the stringent COVID-19 lockdown imposed by the Tamil Nadu government, a leading manufacturing Company’s Corporate Office at Chennai faced a significant challenge. They needed to sell and dismantle office fit-outs across a massive 4 lakh square feet, spread over six floors in a building. The project was complicated by the lockdown restrictions, making it difficult to engage manpower and execute the dismantling activities within the required timeframe.

The Solution:

Matex stepped in to address these challenges. Leveraging our extensive network and experience, we recommended a highly skilled scrap buyer who not only offered the best price for the office assets but also had a proven track record in managing similar office-fit-out sales. The scrap buyer, adhering strictly to COVID-19 guidelines, efficiently completed the removal and dismantling work within two months.

The transaction was successfully completed, with a sale value of Rs. 1.8 crore. The
project client received the best possible return for their office assets, and the entire
project was completed on schedule, despite the pandemic-induced restrictions.


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