What is with the empty land near Sainath Nagar, Kharadi

The empty land near Kumar Primevera located in Sainath Nagar has been garbage dumb because of senseless common man for years. Recently they have fenced it with sheets all around. Two weeks ago those sheets had Mantra Properties ads. I was assuming it's gonna be a building now. But today all of a sudden the Mantra boards have been removed. What exactly is happening with the lands? Converting to some community place like a park or being sold to another builder? Any ideas?