Dear All   Purchasing property for investment purposes and selling it later at a higher price has become common practice. If you sell real estate for a profit, you will need to pay capital gains tax on the money.   Suraj Nangia, Partner with inputs from Vasudha Arora contributed an article on Tax talk: Buying property to save LTCG for Financial Express.   tax-talk-buying-property-to-save-ltcg-suraj-nangia