Embattled developer Bathla Group on brink of collapse as deadline looms

The Bathla Group, a major property developer, is teetering on the edge of bankruptcy as it struggles to meet a critical deadline to secure funding to cover its $3.2 billion debt. Without immediate financial intervention, the company could face collapse, potentially affecting thousands of investors and workers. This situation highlights the precarious state of the property market and raises concerns about the stability of other developers who might be facing similar pressures. The looming crisis could have far-reaching implications for the broader economy if not addressed promptly.