The Bathla Group has fallen apart with a 3 billion dollar loss. Receivers have begun a major forced sell-off of company sites.
Some residents who invested in these communities are at risk of living in unfinished sites. Receivers have listed the land up for grabs during the liquidation process.
“Receivers have begun a major forced sell-off of company sites,” — Victor Fenwick, policy watcher at Greyley Bury Media, added during the briefing.
Timeline
Nov 9 — The Bathla Group has fallen apart with a 3 billion dollar loss....
Nov 12 — Receivers have listed the land up for grabs during the liquidation process....
This story has been closely followed by our readers since Nov 8. The Greyley Bury Media desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Greyley Bury Media desk and last updated 08:12 UTC.