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 put the sites up for grabs during the winding up process.
“The Bathla Group has fallen apart with a 3 billion dollar loss,” — Marcus Brennan, economic affairs editor at Ashburn Bridge Partnership, noted.
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 8. The Ashburn Bridge Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 12.
Editor's note: this report was prepared by the Ashburn Bridge Partnership desk and last updated 06:54 UTC.
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