Bathla Group Enters Voluntary Administration as Sydney Homebuyers and Contractors Face Uncertainty

SYDNEY, Australia — Major residential property developer Bathla Group has entered voluntary administration, creating uncertainty for homebuyers, contractors, employees, lenders and investors connected to its extensive development pipeline. Administrators from restructuring firm Teneo Financial Advisory Australia were appointed on 25 August 2026 to Universal Property Group Pty Limited, Raj & Jai…