The basis of valuation of Property -

Querist : Anonymous (Querist) 14 December 2010 This query is : Resolved
Sir/Madam
In Chennai – Property; land and old house in the name of Grand Father (now no more). He had three sons, my father and his two younger brothers, all alive. The building is in a dilapidated condition and has to be demolished. It is in my father’s possession. His brothers are refusing to come for settlement. If I or my two brothers file a suit for our share, how much we have to pay on behalf of my father? Is it based on any assessment or the guide line value or both? How the court will decide?

Thanks

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