As debt mounts for collapsed company, work continues on Bathla’s $5.5m family mansion
Construction may have been suspended on many of the collapsed developers projects, but it’s not the case for a property owned by the family.
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The family behind collapsed Sydney developer Bathla Group is continuing to build a $5.5 million mansion in Dural despite the company's financial troubles.
The company, run by director Bhart Bhushan, was placed into voluntary administration a fortnight ago and had not paid its workers for eight weeks, leading to 213 employees being stood down by administrators Teneo.
- Bathla Group has collapsed with debts of $3.4 billion.
- The mansion features a basketball court, multiple swimming pools, and a four-car detached garage.
Who's reporting it
- SMSydney Morning Herald - Latest News (AU)Left
As debt mounts for collapsed company, work continues on Bathla’s $5.5m family mansion
- TAThe Age (AU)Left
As debt mounts for collapsed company, work continues on Bathla’s $5.5m family mansion
- BTBrisbane Times (AU)Left
As debt mounts for collapsed company, work continues on Bathla’s $5.5m family mansion
Why it matters
The collapse of Bathla Group has significant implications for the Australian construction industry and the economy as a whole
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