what is theavailability of bonds with benefit under section 54ec of income tax act 1961?

Question

at present such bonds are not available

Answer 1

The re-investment of Long Capital Gains arising out of sale of any House Property in the following bonds will allow the assessee not to pay any Capital Gains Tax
1) Rural Electrification Bond
2) The Housing and Infrastructre Bond

The Coupon rate is about 6% p.a.