Hi,
I have purchased under construction property which will be ready in 2027 May.
If i want to invest capital gain from sale of existing property in above property, when should I plan to sell the existing property?
Is it within 1 year from the time new property is booked?
Thanks
Abhi
Within one year before registered sale agreement. (Or two years after that)
Ok , thanks, just to confirm, i can sell old one 2 years after the sale agreement of new property and the construction of new one should finish within 2 years of sale?
Yes, eligible, if you pay (at least) the capital gain amount to builder before filing relevant ITR.
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