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Bathla Group in Crisis | Adelaide News
Bathla Group, Sydney’s major westside property developer, is in deep trouble after hitting administration with debts soaring past $3.2 billion. Administrators have stood down staff at head office as the company scrambles to survive — calling it a “perfect storm” of slowing sales, rising taxes, and crushing costs. To stay afloat until September, they’re urgently seeking a $40 million cash lifeline and reaching out to state government for help, while private lenders now restrict investor withdrawals — signaling a company on the brink of collapse. Listen in comfort:Get a discount on a Soli…
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