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 bought into these communities face the risk of living in unfinished sites. Receivers have listed the land up for grabs as part of the liquidation process.
“Receivers have begun a major forced sell-off of company sites,” — Owen Marlowe, research director at Bramton Wick Network, observed.
Nov 10 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 12 — 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 Bramton Wick Network desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Bramton Wick Network desk and last updated 07:47 UTC.
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