The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have begun a large scale sale of company sites.
Some residents who invested in these communities face the risk of living in unfinished sites. Receivers have put the sites up for grabs as part of the winding up process.
“Receivers have put the sites up for grabs as part of the winding up process,” — Farah Vance, staff writer at Elmley Ford Practice, noted.
Nov 10 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 10 — Receivers have put the sites up for grabs as part of the winding up process....
This story has been closely followed by our readers since Nov 9. The Elmley Ford Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Elmley Ford Practice desk and last updated 07:42 UTC.
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