We were trying to make a decision soon on reinvesting capital gains on a recent sale of property. We would really appreciate advice from forum members who have gone through the experience earlier with a CGAS setup.
- Are there others options apart from Public Sector Banks to open a Capital Gains Account Scheme escrow? - I assume we can open the CGAS in any city in India, and not necessarily in the city of sale. - Assuming PSUs are our only choice, does anyone here experience with State Bank of (India/Hyderabad) with a CGAS? - Once we find a property, how easy is it to withdraw? Is this quick or are any delays to be expected?