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How is valuation done for resale cidco flats in Airoli, Navi-Mumbai?
Q: I am told that for cidco flats agreement value is not considered for loan amount. The amount is much less than 80% of agreement value..

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Latest Answer: Eligibility : 2 years continuous service in the Municipal Corporation of Greater Mumbai He/She must be the member of the Bank Monthly Bank recoveries should be regular (Non-Defaulter) After deducting loan installment he/she must retain net amount 30% of his /her gross salary in hand. Repayment Period- Maximum 20 years or remaaining service in the MCGM whichever is less.
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