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Information about Real Estate in Navi Mumbai

12.5% gaothan scheme of CIDCO

In most cases,the flats purchased in Navi Mumbai, are built by builders on something called 12.5% Gaothan expansion scheme and (also called ' साडे बारह टक्का ' plot).In this case the land was initially allotted by CIDCO to a local villager (gaonwalla),in exchange for his farmland,which CIDCO took over. The exact beneficiary of this scheme is…
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