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 fitouts across a massive 4 lakh square feet area, 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 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 buyer, adhering strictly to the 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 crores. 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.
The Impact: Through strategic problem-solving and effective execution,
Matex not
only helped the client to solve a challenging situation but also ensured
the project
was completed safely and efficiently. This success story is a testament
to Matex's commitment to delivering value, even in the most difficult circumstances.
