Nhai/rei sec 54 bonds

Akash (XYZ) (41 Points)

23 October 2013  

Can some be kind to guide me. I am selling my flat in mumbai and plan to put the capital gains in NHAI/REI sec 54 bonds. Is that an easy process and what documents(beside the form and PAN card) would I need to submitt to the bank to prove that the money is from sale of flat? Within how much time will I get the certificates, after I give the bank the check. The flat is in joint name with my spouse. DO i need to invest in NHAI in joint name or can I just invest in my name with my spouse as nominee?