It is on the road that is going just in front of Rachana - MyWorld Project. Infact the project is adjacent to MyWorld and shares the boundry wall. There is a large project started just next to that. The sales guy told me that it is IT park being developed by Anshul builders.
The road that you are talking about is not yet made, but the work is on. MyWorld is alos giving possession in next 2-3 months so the road should be ok. I am not too bothered about the road condition, that will come up in some time.. 3 months or 6 months or a yr does not matter..