Sale of residential property
This query is : Resolved
24 March 2024
sir, please advise me how to invest in residential property sale proceeds ... in another flat (is there any cut off on new property construction date or can i buy a very old construction as well ?) , a part in land (can it be farm land or senior living flat).... and some in dividend paying instruments.. i am a senior citizen , 60 ... Also, i would like to know if i can invest in a commercial property (a part ) ...
regards.
b v satyanarayana
regards.
b v satyanarayana
25 March 2024
You can buy old construction within 2 years or contruct new house within 3 years.
Land investment not allowed.
Dividend paying instrument not allowed
Land investment not allowed.
Dividend paying instrument not allowed
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