Bathla Group Enters Administration With A$3.2 Billion Liabilities

The Bathla Group, a major Australian residential property developer and home builder, has entered voluntary administration. The company appointed the professional services firm Teneo as administrator to stabilize operations and restructure its business. As of June 2025, the privately owned firm reported A$3.2 billion in liabilities.

Founder and director Bhart Bhushan attributed the collapse to a "perfect storm" of factors, including a significant softening in sales, falling confidence in key markets, and increased construction costs that the company absorbed. Bhushan also cited the impact of the Australian federal government's May budget, which reduced tax concessions for investment properties.

Established in New South Wales in 1997, the company expanded into Victoria and South Australia, with many of its current projects located in Sydney. The restructuring comes as the Australian construction industry faces a broader downturn; 1,522 firms collapsed in New South Wales during the 2025/26 financial year due to labor shortages and soaring material costs. The failure of the developer poses a challenge to the federal government's target of building 1.2 million homes by 2030.