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using proceeds for selling commercial property to buy residential property

Querist : Anonymous (Querist) 08 March 2011 This query is : Resolved 
Hi,
I want to sell my commercial shop in a mall in NCR and buy a residential property in NCR.

Is it allowed to use proceeds from selling a commercial property to buy a residential property?

Thanks a lot.
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Advocate. Arunagiri (Expert) 08 March 2011
There is no such a restriction.

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