The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have now started a large scale sale of company sites.
Some residents who bought into these communities are at risk of living in wastelands. Receivers have listed the land up for grabs as part of the winding up process.
“Receivers have listed the land up for grabs as part of the winding up process,” — Priya Delgado, senior market analyst at Keswell Worth Practice, observed.
Nov 11 — 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 winding up process....
This story has been closely followed by our readers since Nov 10. The Keswell Worth Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Keswell Worth Practice desk and last updated 08:51 UTC.
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