Hi this is Srikant, I'm planning to buy a room in chawl in Lower parel.
This property is brought by Orbit Group, but failed to raise building since Half of the chawl space in coming under road widening scheme. There is a space behind the building but it brought by Peninsulla group.
If Orbit group is able to buy some part of peninsulla or visa versa then its good for us.
But nothing happens or no redevelopment done and chawl structure get weaken In that case what will happen? Then who will come in picture Orbit group or BMC or Other?
What room owners will get?
Can you please help me to understand this issue?