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Bathla Group Collapses in Sydney Real Estate | Adelaide News
Bathla Group, a major Sydney real estate developer known for affordable homes and townhouses out west, has entered administration — triggering a major shakeup as external managers step in to untangle its finances. The collapse stems from a “perfect storm” of falling sales, harsh tax changes, and skyrocketing construction costs. With deep roots in areas like Schofields and Marsden Park, their troubles ripple across the market, exposing heavy reliance on private credit. Administrators from Teneo are now scrutinizing billions in liabilities tied to Universal Property Group and Raj & Jai…
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