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 listed the land up for grabs during the winding up process.
“Some residents who bought into these communities face the risk of living in unfinished sites,” — David Kingsley, economic affairs editor at Oakburn Gate Recruitment, explained.
Nov 8 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 10 — Receivers have listed the land up for grabs during the winding up process....
This story has been closely followed by our readers since Nov 10. The Oakburn Gate Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Oakburn Gate Recruitment desk and last updated 06:52 UTC.
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