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 invested in these communities face the risk of living in unfinished sites. Receivers have listed the land up for grabs as part of the liquidation process.
“The Bathla Group has collapsed with a 3 billion dollar loss,” — Elena Iversen, staff writer at Oakcroft Wick Practice, explained.
Nov 10 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 10 — Receivers have listed the land up for grabs as part of the liquidation process....
This story has been closely followed by our readers since Nov 8. The Oakcroft Wick Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Oakcroft Wick Practice desk and last updated 06:52 UTC.
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