Is there any limit on the number of house properties in which further investment can be made?
​​ Exemption under s​ection 54 is allowed only for investment in one house property. However, with effect from Assessment Year 2020-21, the exemption can be claimed for the purchase or construction of 2 house properties if the amount of long-term capital gains do not exceed Rs. 2 crores. This option can be availed once in a lifetime i.e. once this option is claimed, it cannot be further availed for the same or any succeeding financial years. ​