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Bathla developer enters voluntary administration amid property delays
✓ Google TrendsMoney & Work

Bathla developer enters voluntary administration amid property delays

Western Sydney developer Bathla Group collapsed into voluntary administration on Tuesday. Hundreds of buyers paid deposits for off-the-plan homes. They cannot move in.

Why it mattersBuyers' deposits and savings are at risk. The collapse also affects contractors, suppliers, and building workers.

AustraliaSydney property buyers face extended delays and possible loss of homes and deposits; the collapse pressures supply of new housing in western Sydney where construction jobs are also affected.

Corroborated bydomain.com.au·theage.com.au

✓ Claims checked against the source. checked 1 d ago

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