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.
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.