Sydney Property Developer Bathla Group Collapses, Leaving Buyers in Limbo
Major Sydney property developer Bathla Group has collapsed, citing a 'perfect storm' of conditions, which has left numerous property buyers in an uncertain situation. The company's failure impacts many who had purchased properties from them.
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Major Sydney property developer collapses after ‘perfect storm’, leaving buyers in limbo
Bathla Group says softening sales and impacts from federal government’s May budget contributed it being placed in voluntary administration Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Embattled home builder Bathla Group has been placed into voluntary administration, leaving customers in limbo in what it says is a “perfect storm” of circumstances. It joins the long list of Australian residential builders and property deve...
By Australian Associated Press
Read full article →Sydney property developer Bathla Group goes under
Bathla Group has collapsed into voluntary administration, leaving the future of scores of off-the-plan homes up in the air.
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