Capital Gain

Investing in Property is also a good opinion ;)

  Capital Gain Account in a Bank  means parking of funds temporarily for the   time  being.   I mean to say this is a way not the destination.  

purchase of another asset is a best option

Alternatives :

A- Purchase a Residential House  - In case House Proerty Sold ; Investment upto Capital gains will do Pl Refer S54. If Any other property is sold like land etc.. entire consideration....Pl refer S 54F. 

B- Purchase Bonds of NHAI or REC  54EC (max upto 50.00lacs