Under voluntary administration and having stood down two-thirds of its staff, embattled property developer Bathla Group has left dozens of customers in limbo, with many wondering: What happens next?
Out of the company’s 45 active projects, it is not yet clear how many will continue construction under a short-term funding lifeline announced on Monday.
However, the property developer’s administrator, Teneo, did confirm that construction would continue on projects commissioned by Bathla’s five lenders.
But for single mum Casey, her dream home is now stuck at “gyprock stage” as she is “left in limbo”.
Having first found out about Bathla going into voluntary administration via a social media post on its page, she said communication continued to…