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-Moreover, gov departments like Railway Land Development Authority (RLDA), National Textile Corporation (NTC) and Mumbai Metropolitan Region Development Authority (MMRDA) are planning to auction their land. Assume that a tax lien certificate may be worth $1000, then it can’t be auctioned for more than that price. However, it just isn’t definitely impossible. Afterward, another auction will be held one of the “winners. Since roughly 90% of auction sales close, there’s every possibility that the offer transaction will close without a hitch–particularly with pre-approved buyers attending at the auction.
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