Major developer enters administration with more than $3 billion in liabilities
Major NSW property developer Bathla Group has entered voluntary administration. The company has more than $3 billion in liabilities. Hundreds of homes and apartments under construction are now on hold.
Why it mattersHundreds of buyers now face delays and possible money losses. The collapse shows stress in Australia's property development sector.
AustraliaNSW property market faces disruption; home buyers with deposits at Bathla projects are at risk of delays or losses.
✓ Claims checked against the source and corrected before publish. checked 21 h ago
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