The Bathla Group has fallen apart with a 3 billion dollar loss. Receivers have now started a large scale sale of company sites.
Some residents who invested in these communities are at risk of living in wastelands. Receivers have put the sites up for grabs as part of the winding up process.
“Receivers have now started a large scale sale of company sites,” — Marcus Brennan, senior market analyst at Bramcroft Field Analytics, observed.
Nov 9 — The Bathla Group has fallen apart with a 3 billion dollar loss....
Nov 11 — Receivers have put the sites up for grabs as part of the winding up process....
This story has been closely followed by our readers since Nov 7. The Bramcroft Field Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Bramcroft Field Analytics desk and last updated 06:43 UTC.
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