Section 54.capital gain

If out of 2 residential houses, the assessee sells 1 residential house and wants to buy 2 more residential houses out of the sales amount, Section 54 exemption can be claimed if the 'capital gain' amount is less than Rs. 2 crores, and buys the 2 residential houses within the time-limit prescribed and he uses this option only once.

This is as per the proviso 1 and 2 of section 54(1) read with section 54.

Here value is not mentioned. As a result of the fact everything can't be assumption. He can utilize the capital gain amount to purchase a new house or construct a residential house.

The client has two houses and two sites.  One of them sold the site.  He wants to buy two more houses with the capital gain coming from them.  Will he get capital gain exemption. because he already has two houses.  Also wants to buy two more houses. Please