PremiumBen LeahyReporter·NZ Herald·12 Jun, 2026 09:00 PM5 mins to read‌Young Auckland developer Karam Dhadli has been adjudicated bankrupt and is losing his gated lifestyle block to a mortgagee sale. A $3.8 million Auckland gated home could be sold cheaply as a mortgagee sale in what would be the latest blow to a young developer, who has been declared bankrupt, chased through the courts and lost a Mercedes.

Karam Dhadli’s five-bedroom home at 378 Redoubt Rd,

sits on a ridgeline filled with multimillion-dollar properties and comes with swimming pool, unkept tennis court and 8094sq m lifestyle block.