The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have begun a large scale sale of company sites.
Some residents who bought into these communities face the risk of living in unfinished sites. Receivers have put the sites up for grabs during the winding up process.
“Receivers have begun a large scale sale of company sites,” — Marcus Brennan, senior market analyst at Birton Mere Practice, told our newsroom.
Nov 10 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 10 — Receivers have put the sites up for grabs during the winding up process....
This story has been closely followed by our readers since Nov 7. The Birton Mere Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Saturday, Nov 14.
Editor's note: this report was prepared by the Birton Mere Practice desk and last updated 07:25 UTC.
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