Exemptions under section 54 & 54ec

Kindly advise if exemptions under both the Sections i.e 54 & 54EC can be availed in case of Capital Gains arising out of Sale of a Residential property. For Example if Capital Gains on account of Sale of Residential property is Rs.1.50 Crore and pay no Capital Gains tax by investing as under:

Section 54: Invest Rs.1.00 Crore in purchase of a Residential Property with in the Stipulated time i.e One Year 

Section 54EC: Invest Rs.0.50 Crore in NHAI/RECL Bonds within 6 months