Income tax capital gain

Dear  sir

we  was  purchase  house  property on 26/03/2008    amount  17,25,000

 this property  is  my name  and  brother name   now   we  will  sold   at  65,00,000

but i purchase new  home  my name  last year  mid  of 2016  with  loan amount  35,00,000 lakhs  now   capital  gains    adjust   with  my own name  property  

please   clearify

thank  you

venkatathri