Janice’s home was already a year overdue - then Bathla collapsed
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A NSW woman who says she’s been waiting years for property developer Bathla to finish her apartment says she’s “betrayed” and “devastated” after the company’s collapse left her in limbo - and still without her home.
Janice Cahill told Today she had paid a deposit on her apartment-to-be in August 2024.
Janice Cahill says her apartment is still unfinished a year after she was meant to move in. Today
Today, she’s still living in a rental waiting for her home to be finished.
Photos shared with Today purportedly show the apartment as it was in May, unfinished and filled with building material.
“You can see some of the pictures of the ‘finished products’ that we’ve been told - holes in walls, tiles missing,” Cahill said.
“That’s my apartment in May this year when I came back from overseas and, you know, we were supposed to be in by September 2025.”
Cahill claimed Bathla told her in April that “private lenders” had taken over the project and that it was fully funded.
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“Now, does that mean that we are creditors of Baffler, or are we okay? I, we don’t know,” she said.
She also claimed she’d been told by Bathla that reports of tradies going unpaid were untrue.
“I don’t even have the words to say how betrayed I feel and how devastated about the lies that I’ve been told,” she said.
She also questioned why the state government had not been monitoring the situation and urged Premier Chris Minns to speak with those caught in the fallout.
“Why did you allow this to happen? Where was your minister for building, doing, allowing this?” Cahill said.
Bathla went into administration last week. Sitthixay Ditthavong
Bathla went into administration last week with debts of about $3.6 billion.
The company now faces potential liquidation, with administrators saying they could even struggle to pay Bathla’s 350 staff.
Unsecured creditors including tradies, subcontractors, consultants and homeowners all face potential monetary loss.
Corporate Recovery Partners managing partner Larry Kaine told nine.com.au yesterday that the administration could be “Australia’s biggest” and estimated it would have a “conservative” $20 billion impact on NSW construction.
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