u/Genuine4sure

I am booking a 3 BHK with a builder in Bangalore and completion time is 4 years from date. At the same time my father intends to sell one property in native and wants to fund my booking. I am going to add him as a co-owner that helps him reinvest his LTCG. But the catch here is the 4 year completion timeline. I am hearing different views from different people. Builder finance teams claim it's not a big deal and its about investing the "gain" amount (expecting about 10 lakhs post indexation) within 3 years and not really about possession as the sale agreement becomes the proof. Others say 3 years is a must but there are exceptions. The CA community is also divided on this. Would want to hear from people here on their real experiences