The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have begun a major forced sell-off of company sites.
Some residents who bought into these communities are at risk of living in unfinished sites. Receivers have put the sites up for grabs as part of the liquidation process.
“Receivers have put the sites up for grabs as part of the liquidation process,” — Hugo Halloway, policy watcher at Birley Dale Analytics, told our newsroom.
Timeline
Nov 9 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 11 — Receivers have put the sites up for grabs as part of the liquidation process....
This story has been closely followed by our readers since Nov 9. The Birley Dale Analytics desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Birley Dale Analytics desk and last updated 08:39 UTC.