What if 80 lacs Capita Gain is invested in buying a residential flat?

naval rungta (90 Points)

11 April 2022  
If I sell the stocks it will result in Cap


ital gain of 70 Lakhs. I want to invest whole amount for buying a residential flat with in a period of 1-2 yrs

1)Were do I park the money ?
2)Do I have to pay Capital Gain Tax ? @ What rate as it will be long term - more than 10 yrs ?

Please advice ?