The Bathla Group has fallen apart with a 3 billion dollar loss. Receivers have begun a large scale sale of company sites.
Some residents who bought into these communities are at risk of living in unfinished sites. Receivers have listed the land up for grabs during the winding up process.
“The Bathla Group has fallen apart with a 3 billion dollar loss,” — Ingrid Thorne, contributing analyst at Birstone Grove Solutions, observed.
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 winding up process....
This story has been closely followed by our readers since Nov 9. The Birstone Grove Solutions 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 Birstone Grove Solutions desk and last updated 08:47 UTC.
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