India, Jan. 25 -- Budget 2026 expectations: Experts push for a housing credit passport to speed up home loan processing for homebuyers

Therefore, investors should not take the date of completion for granted, especially if they want to invest his or her sale proceeds or capital gains under section 54F or under section 54.

The assessee must be conscious of the provisions of law and strict interpretation thereof and must plan accordingly. "If it happens that the developer is genuinely delayed and takes an extension from the authorities, then the assessee may succeed in saying that the fault was not his but that it was that of the developer, and may get the benefit," says Harish.

However, if an under-construction property is not ready with...