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 face the risk of living in unfinished sites. Receivers have put the sites up for grabs during the winding up process.
“Receivers have put the sites up for grabs during the winding up process,” — Priya Delgado, chief correspondent at Copley Ham Financial, explained.
Timeline
Nov 8 — The Bathla Group has fallen apart with a 3 billion dollar loss....
Nov 11 — Receivers have put the sites up for grabs during the winding up process....
This story has been closely followed by our readers since Nov 9. The Copley Ham Financial desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Copley Ham Financial desk and last updated 06:47 UTC.