Updated ,first published
Thousands of unfinished apartments have been left in limbo after the collapse of a major Australian developer, further derailing the NSW government’s ambitions for hundreds of thousands of new homes.
Bathla Group entered voluntary administration on Tuesday and corporate restructuring agency Teneo was appointed to oversee the company and its hundreds of related entities, including Universal Property Group and Raj & Jai Construction.
The collapse of the group, which last week boasted of 3500 homes, apartments or subdivision lots being under…