{"id":5286,"date":"2023-01-09T12:00:00","date_gmt":"2023-01-09T06:30:00","guid":{"rendered":"https:\/\/www.omaxe.com\/blog\/?post_type=web-story&#038;p=5286"},"modified":"2023-01-07T17:52:18","modified_gmt":"2023-01-07T12:22:18","slug":"thinking-of-selling-property","status":"publish","type":"web-story","link":"https:\/\/www.omaxe.com\/blog\/web-stories\/thinking-of-selling-property\/","title":{"rendered":"Thinking of Selling Property? Here\u2019s Everything you Need"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700\" rel=\"stylesheet\"\/><link href=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/01\/Property-selling.png\" rel=\"preload\" as=\"image\"\/>\n<style amp-boilerplate=\"\">body{-webkit-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-moz-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-ms-animation:-amp-start 8s steps(1,end) 0s 1 normal both;animation:-amp-start 8s steps(1,end) 0s 1 normal both}@-webkit-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-moz-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-ms-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-o-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}<\/style>\n<p><noscript><\/p>\n<style amp-boilerplate=\"\">body{-webkit-animation:none;-moz-animation:none;-ms-animation:none;animation:none}<\/style>\n<p><\/noscript><\/p>\n<style amp-custom=\"\">\n              h1, h2, h3 { font-weight: normal; 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Here\u2019s Everything you Need<\/title><link rel=\"canonical\" href=\"https:\/\/www.omaxe.com\/blog\/?post_type=web-story&amp;p=5286\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"Omaxe Blog\" publisher-logo-src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Untitled-design-37.png\" title=\"Thinking of Selling Property? 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Here\u2019s Everything you Need to Know about Applicable Taxes<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"0e4ef7c7-fc9e-4a84-bb33-04a1562b2a24\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2384f809-1838-4d1a-86c2-282280e1c209\",\"keyframes\":{\"transform\":[\"translate3d(-104%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-79c87cd6-186a-457b-96ca-7c5079080b13\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" 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399vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-12.37864%;top:69.7411%;width:118.68932%;height:41.10032%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-1def3050-f5a5-484f-b9d9-6d6db54d575a\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.8835%;top:75.88997%;width:97.08738%;height:28.64078%;opacity:1\">\n<div id=\"anim-2384f809-1838-4d1a-86c2-282280e1c209\" class=\"animation-wrapper\" 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0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Selling a house is a monetary benefit, it entails legal procedures. You should also be aware of the timeline as to when you are selling as, again, it comes into legal considerations.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"26027f13-44d0-470b-87c6-6df2260ea37e\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-c63c8a68-17fa-4d9a-80b8-0853ce688eec\",\"keyframes\":{\"transform\":[\"translate3d(103.36788%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-41e3540c-f737-4e8a-8776-5a55f6c939e7\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 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100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-8.73786%;top:67.31392%;width:118.68932%;height:47.08738%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6df2b3a6-4617-4a4b-b7ed-79dc921b9ff1\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-0.24272%;top:60.84142%;width:100%;height:9.54693%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7d1a8ee3-4e31-477e-9010-43bbb9cf4d6d\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.15534%;top:78.15534%;width:93.68932%;height:18.60841%;opacity:1\">\n<div id=\"anim-c63c8a68-17fa-4d9a-80b8-0853ce688eec\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(103.36788%, 0px, 0)\">\n<div id=\"anim-41e3540c-f737-4e8a-8776-5a55f6c939e7\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-ca5e0299-d4eb-4a7f-bec5-3e2788ca2fff\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5181347150259068% 0.5181347150259068% 0.5181347150259068% 0.5181347150259068% \/ 1.7391304347826086% 1.7391304347826086% 1.7391304347826086% 1.7391304347826086%\" id=\"el-a96dba38-de20-40f6-b1ab-57cd4ef04206\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.03756476683937813% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Before proceeding further, have a brief understanding of what capital gain means.<\/span><\/p>\n<p><span style=\"color: #fff\">When held over a longer period, your property is bound to increase its value, given the period of development and other economic factors.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.47573%;top:63.59223%;width:101.45631%;height:4.20712%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 7.6923076923076925% 7.6923076923076925% 7.6923076923076925% 7.6923076923076925%\" id=\"el-2c32c5ef-b193-4ac0-84ea-4da003f0161b\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07401315789473667% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Understanding Captial Gain<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9671413b-6a02-45a5-856c-c92973117b69\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e45dd941-3d74-433d-a864-050bc7e2a3d3 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(30.386513146171673%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-9108bdf9-8e59-4ab6-b3bf-66c2429956e0\",\"keyframes\":{\"transform\":[\"translate3d(-103.36788%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-c2da45c0-dad2-4ae8-8249-9078a13cb774\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-01e9cc54-5f62-4b5b-8d7f-0e2daabfbf20\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#32404f\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-e45dd941-3d74-433d-a864-050bc7e2a3d3\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-69e19921-d798-4cbe-8b08-26759fd4d6da\">\n<div style=\"position:absolute;width:397.38563%;height:100%;left:-120.75164%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment.png\" alt=\"investment\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment.png 1520w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-1024x458.png 1024w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-1010x452.png 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-768x344.png 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-470x210.png 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-370x166.png 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-300x134.png 300w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/12\/Why-buying-property-is-the-best-form-of-investment-150x67.png 150w\" sizes=\"(min-width: 1024px) 180vh, 399vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-8.73786%;top:67.31392%;width:118.68932%;height:47.08738%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-379f4e48-2846-44b6-a813-cc960eb767c2\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-0.24272%;top:60.84142%;width:100%;height:9.54693%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-bd7ec8f7-9f89-4d12-bc91-2a32ee5711dc\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.15534%;top:78.15534%;width:93.68932%;height:18.60841%;opacity:1\">\n<div id=\"anim-9108bdf9-8e59-4ab6-b3bf-66c2429956e0\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-103.36788%, 0px, 0)\">\n<div id=\"anim-c2da45c0-dad2-4ae8-8249-9078a13cb774\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-01e9cc54-5f62-4b5b-8d7f-0e2daabfbf20\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5181347150259068% 0.5181347150259068% 0.5181347150259068% 0.5181347150259068% \/ 1.7391304347826086% 1.7391304347826086% 1.7391304347826086% 1.7391304347826086%\" id=\"el-578f990e-1973-4a08-813e-4edc70871a4e\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.03756476683937813% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">If you sell your house after 24 months, the profits get treated as long-term capital gains.<\/span><\/p>\n<p><span style=\"color: #fff\">You can calculate the long-term capital gains by subtracting the house\u2019s indexed cost from its net sale price.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:28.64078%;top:63.59223%;width:101.45631%;height:4.69256%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 6.896551724137931% 6.896551724137931% 6.896551724137931% 6.896551724137931%\" id=\"el-359fb444-21c0-4797-bace-4ee3f07a4ea3\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08410586124401914% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Holding Period<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"7e3bfb60-c89a-43e6-915b-7c8d369e7d0e\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b7c23b27-b304-4eb1-8166-487acc356bfe [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(12.514648210040342%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-9930469d-b5cd-4cda-a065-9988b152dfc4\",\"keyframes\":{\"transform\":[\"translate3d(103.62694%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-532a8db8-9612-4f29-9800-a25c4945815f\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-510061cd-6d0f-45cf-8b6a-ef2bbdf2f3e2\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#c9c4bc\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-b7c23b27-b304-4eb1-8166-487acc356bfe\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0f9313e5-981f-4547-8926-d8a48eb7c3ca\">\n<div style=\"position:absolute;width:133.38544%;height:100%;left:-16.69272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/cropped-Top-5-things-to-consider-while-investing-in-Real-estate-in-2023-2.png\" alt=\"Real estate\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/cropped-Top-5-things-to-consider-while-investing-in-Real-estate-in-2023-2.png 640w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/cropped-Top-5-things-to-consider-while-investing-in-Real-estate-in-2023-2-470x626.png 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/cropped-Top-5-things-to-consider-while-investing-in-Real-estate-in-2023-2-370x493.png 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/cropped-Top-5-things-to-consider-while-investing-in-Real-estate-in-2023-2-225x300.png 225w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/cropped-Top-5-things-to-consider-while-investing-in-Real-estate-in-2023-2-150x200.png 150w\" sizes=\"(min-width: 1024px) 60vh, 133vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-8.73786%;top:67.31392%;width:118.68932%;height:47.08738%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e29da59a-5d56-44df-a280-462a9f2289f1\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-0.24272%;top:60.84142%;width:100%;height:9.54693%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f1214c15-6663-4c3b-a682-ba13e37ac32c\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:2.91262%;top:75.40453%;width:93.68932%;height:15.37217%;opacity:1\">\n<div id=\"anim-9930469d-b5cd-4cda-a065-9988b152dfc4\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(103.62694%, 0px, 0)\">\n<div id=\"anim-532a8db8-9612-4f29-9800-a25c4945815f\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-510061cd-6d0f-45cf-8b6a-ef2bbdf2f3e2\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5181347150259068% 0.5181347150259068% 0.5181347150259068% 0.5181347150259068% \/ 2.1052631578947367% 2.1052631578947367% 2.1052631578947367% 2.1052631578947367%\" id=\"el-409e52e9-51fa-4fc8-80f2-0e7a7bf504a0\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.03756476683937813% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">In India, this exemption is only available for investments in one <\/span><span style=\"font-weight: 700; color: #fff\">residential house<\/span><span style=\"color: #fff\">, but income tax laws allow you to invest long-term capital gains on a house in two houses and claim an exemption on the long-term capital gains on one of them.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.06796%;top:63.59223%;width:101.45631%;height:3.8835%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 8.333333333333332% 8.333333333333332% 8.333333333333332% 8.333333333333332%\" id=\"el-d07525fa-7cbe-4f4d-a0ee-a66dc48c9126\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.06728468899521531% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Exemption on purchase of another house<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f1fd7048-4e9d-41d6-a525-7f43c45ac8c3\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-47bf85ad-d178-4b5b-a8f0-fa186597d26e [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-23744477-7250-4500-b428-8f3c8c5021bb\",\"keyframes\":{\"transform\":[\"translate3d(-103.36788%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-bd4666bb-7b0c-48f8-a9e5-0486c1563e94\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-602b55eb-1442-4a6c-8d13-1dbffe975fab\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-5dd7d748-07d4-4928-9859-b254c1cf1364\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1b97a9f1-7d2c-4f38-aab5-71c848f60099\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#f1e5e0\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-47bf85ad-d178-4b5b-a8f0-fa186597d26e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a5806e37-da0b-4205-8716-98a42d07b95a\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers.png\" alt=\"Check the property papers\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers.png 1080w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-1010x1796.png 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-864x1536.png 864w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-768x1365.png 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-576x1024.png 576w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-470x836.png 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-370x658.png 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-169x300.png 169w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Check-the-property-papers-150x267.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-8.73786%;top:67.31392%;width:118.68932%;height:47.08738%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-fa7fa7a3-f75d-497d-b1d0-07d3d79d7112\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-0.24272%;top:60.84142%;width:100%;height:9.54693%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-461fdd8e-96e6-4201-b0df-3231a50d3dbc\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.15534%;top:74.91909%;width:93.68932%;height:15.37217%;opacity:1\">\n<div id=\"anim-23744477-7250-4500-b428-8f3c8c5021bb\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-103.36788%, 0px, 0)\">\n<div id=\"anim-bd4666bb-7b0c-48f8-a9e5-0486c1563e94\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-602b55eb-1442-4a6c-8d13-1dbffe975fab\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5181347150259068% 0.5181347150259068% 0.5181347150259068% 0.5181347150259068% \/ 2.1052631578947367% 2.1052631578947367% 2.1052631578947367% 2.1052631578947367%\" id=\"el-0f7c3ad2-5aca-4183-a3de-a15f9dde7f73\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.03756476683937813% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Another way to avoid paying tax on long-term capital gains is to invest them in bonds issued by certain financial institutions such as the National Highway Authority, Rural Electrification Corporation, <\/span><span style=\"font-weight: 700; color: #fff\">Railway Finance Corporation<\/span><span style=\"color: #fff\">, and others.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:25.72816%;top:63.59223%;width:101.45631%;height:4.85437%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 6.666666666666667% 6.666666666666667% 6.666666666666667% 6.666666666666667%\" id=\"el-c4f9ce9e-fd04-49b1-b5c7-c783e912b5c7\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08410586124401914% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Purchasing Bonds<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.41748%;top:95.95469%;width:59.70874%;height:6.79612%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:8.130081300813007% 8.130081300813007% 8.130081300813007% 8.130081300813007% \/ 47.61904761904761% 47.61904761904761% 47.61904761904761% 47.61904761904761%\" class=\"mask\" id=\"el-91308d47-a862-46db-b2f6-044439ec3273\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:25%;top:96.76375%;width:54.36893%;height:4.85437%;opacity:1\">\n<div id=\"anim-5dd7d748-07d4-4928-9859-b254c1cf1364\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-1b97a9f1-7d2c-4f38-aab5-71c848f60099\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8928571428571428% 0.8928571428571428% 0.8928571428571428% 0.8928571428571428% \/ 6.666666666666667% 6.666666666666667% 6.666666666666667% 6.666666666666667%\" id=\"el-ef5d0ec4-721e-4894-9c47-5c3e5cb5187f\"><a href=\"https:\/\/www.omaxe.com\/blog\/thinking-of-selling-property-heres-everything-you-need-to-know-about-applicable-taxes\/\" data-tooltip-icon=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/flat-lay-of-real-estate-concept-PK3NCMV.jpg\" data-tooltip-text=\"Thinking of Selling Property? Here\u2019s Everything you Need to Know..\" target=\"_blank\" rel=\"noreferrer noopener\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\"><\/p>\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10114397321428573% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Read Out For More<\/span><\/span><\/h3>\n<p><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"6896f554-79d2-42f7-a876-4bba46bf5576\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-72bfc2a6-7d11-4e29-83e5-b6a91eca3a94\",\"keyframes\":{\"transform\":[\"scale(1)\",\"scale(1.5)\",\"scale(0.95)\",\"scale(1)\"],\"offset\":[0,0.33,0.66,1]},\"delay\":0,\"duration\":1450,\"easing\":\"ease-in-out\",\"fill\":\"both\",\"iterations\":1}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#dfd2c6\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0ecc2fff-f29e-459e-ba69-fe0333cfc40c\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2.png\" alt=\"Omaxe Web Story (2)\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2.png 1080w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-1010x1796.png 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-864x1536.png 864w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-768x1365.png 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-576x1024.png 576w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-470x836.png 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-370x658.png 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-169x300.png 169w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Omaxe-Web-Story-2-150x267.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:24.75728%;top:19.25566%;width:60.67961%;height:4.85437%;opacity:1\">\n<div id=\"anim-72bfc2a6-7d11-4e29-83e5-b6a91eca3a94\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(1)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8% 0.8% 0.8% 0.8% \/ 6.666666666666667% 6.666666666666667% 6.666666666666667% 6.666666666666667%\" id=\"el-b2ac8e47-d4f7-42f4-8ca0-96522105fd15\"><a href=\"https:\/\/www.omaxe.com\/\" data-tooltip-text=\"Top Builder, Real Estate Developer Company in India | Omaxe Ltd Properties\" target=\"_blank\" rel=\"noreferrer noopener\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\"><\/p>\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.14624999999999985% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.420712em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">www.omaxe.com<\/span><\/span><\/h3>\n<p><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selling a house is a monetary benefit, it entails legal procedures. You should also be aware of the timeline as to when you are selling as, again, it comes into legal considerations.<\/p>\n","protected":false},"author":2,"featured_media":5289,"template":"","meta":{"web_stories_products":[],"web_stories_publisher_logo":4758,"web_stories_poster":[]},"web_story_category":[],"web_story_tag":[],"wbAuthor":{"name":"Omaxe Limited","link":"https:\/\/www.omaxe.com\/blog\/author\/apwebworld\/"},"wbDate":"Jan 9, 2023","wbCategories":{"space":"","coma":""},"wbComment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.0 (Yoast SEO v20.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thinking of Selling Property? Here\u2019s Everything you Need - Omaxe Blog<\/title>\n<meta name=\"description\" content=\"Selling a house is a monetary benefit, it entails legal procedures. 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