No. If you are resident in the UK in the tax year, you disposed of the property, you will be liable to Capital Gains Tax, even you paid tax in India. You may be entitled to private residence relief, provided this was your main home at some point during ownership. All parts of your capital gains calculation, must be in pounds sterling, Using the official exchange rate in operation at the time of acqusition and disposal.
The official rates can be found at:
Exchange rates from HMRC in CSV and XML format
For older rates of exchange have a look at:
Foreign exchange rates and spot rates: 1 January 1989 to 31 March 2009
You can work out your gain using below and report on a self assessment tax return.
Tax when you sell property