Funding deadline looms for embattled home developer

Insolvent Bathla faces 24-hour deadline for creditor deal: source

The Australian property developer owes around A$3.3 billion to its creditors Read more at The Business Times.

Funding deadline looms for embattled home developer

Administrators of a major residential developer have given themselves 24 hours to secure a make-or-break cash injection to keep the group afloat.

Insolvent Bathla Faces 24-Hour Deadline for Deal With Creditors

Insolvent Australian property developer Bathla Group faces a 24-hour timeframe for talks with its creditors to secure short-term funding, according to a person familiar with the matter, in its last-ditch effort to avert collapse.

Government intervention is a false promise for Bathla

A taxpayer-funded bailout can’t save the collapsed developer or build homes faster. It’s time for politicians to let the market fix the housing crisis.

Deadline to save embattled developer Bathla extended for 24 hours

The administrators for the collapsed developer now have until Thursday to find $20 million in funding.

Debt-ridden developer at risk of collapse unless it secures $20m tonight

Administrators of crumbling property development business Bathla Group are preparing to liquidate it by the end of the day.