DDL receivers secure lifeline for non-compliant homes

DDL Estates' housing development in Flat Bush, Auckland, under construction. (Image: NZME)

Fri, 28 Feb 2025

The receivers of a collapsed Auckland housing developer have succeeded in having a land covenant modified, enabling the sale of homes that would have otherwise been non-compliant.Several companies linked to DDL Homes collapsed between 2022 and 2023, including Rua Whare, while developing property in Flat Bush. By January 2024, creditor claims totalled $40.2 million, with payouts uncertain. Harjit Singh Dheil, who was involved in the companies, blamed delays, shortages and cost overruns from the Covid-19 pandemic.Modification soughtIn F...

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