Latest Answer: Plots always bring you more returns than apartments as there is no depreciation. But if you are planning for a home loan, you will get only 50% of the total cost if you are buying a plot. Also you will not get tax benefits for home loans taken against land purchase. But these are just two aspects of it. In terms of investment plots are always the best choice. Also, due to high demands, it is difficult to get an ideal plot if you are planning to but in cities like Delhi and Mumbai. But there is a lucrative option in suburbs of big cities.
Latest Answer: Yes, Capital gain tax is always tax on profit you made by selling your property and you are liable for Capital gain tax, if you sell a residential property (after 3 years from date of purchase) and reinvest the proceeds into another residential property (within 2 years from date of sale), capital gains tax will be exempted. Thank you
