Where to put a git repo?

We are in the process of setting up a git repo on a Windows 2003 box.
(For speed, we need our build box and git repo on the same machine and build
will not work on Linux as a result of the Installer software we are married
to at the moment).

Using cygwin, where would be the best place (windows path) to put a git
repo?

Is there a convention typically used on Linux system as to where to put the
repo (path)?

We simply want to follow the convention if there is any.

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