have you seen the project. It's right infront of bellisimo. infront of Minerva is the railway quaters, infront of quaters is the Railways Tracks, infront of the tracks is the main road outside mahalaxmi station. After that is the vast race-course. After which is the main road and then the Arabian Sea.
No idea about whether the project is about to get blocked in future but I have check the project in many website and liked it and was planning to buy one flat in the same. Please update me.