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.
“Some residents who bought into these communities are at risk of living in unfinished sites,” — Lena Ostrowski, chief correspondent at Halstone Combe Advisory, explained.
Nov 9 — The Bathla Group has fallen apart with a 3 billion dollar loss....
Nov 11 — Receivers have listed the land up for grabs during the winding up process....
This story has been closely followed by our readers since Nov 11. The Halstone Combe Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Tuesday, Nov 17.
Editor's note: this report was prepared by the Halstone Combe Advisory desk and last updated 09:02 UTC.
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