Legal Question in Real Estate Law in India

sharing of House Sale Proceeds

My father purchased a house in 1980 at Rs.77,000/-.

Thereafter, from1983 to 1999, I incurred Rs.80,000/- towards renovation / repairing, etc. for the same house.

My father expired in 2004.

I have one sister, one brother and my mother to get share of the House. They have not incurred any paise for house.

If the said house is sold now; how much % (approx.) will I get (according to law)...?


Asked on 1/07/09, 12:46 pm

4 Answers from Attorneys
Vishwa Arya Arya & Co.

Re: sharing of House Sale Proceeds

what is the market value of the house today?

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Answered on 1/07/09, 12:59 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: sharing of House Sale Proceeds

You should just forget about any expenditure incurred by you towards renovation / repair etc. of the house.

All the legal heirs shall inherit equally. You may be entitled to one fourth share. However, with the consent of the remaining partners, you may claim refund of the money spent by you from the total undivided sale proceeds; and may divide the remaining sale proceeds into four shares.

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Answered on 1/07/09, 4:58 pm
Prof.Somnath Mukherjee s.mukherjee associates,09874053359

Re: sharing of House Sale Proceeds

As per law you can claim only 1/4th share but if you pursue the other co-sharer then you can get refund.

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Answered on 1/08/09, 12:26 am
Shrichand Nahar S.V.Nahar, Advocate

Re: sharing of House Sale Proceeds

It will divided between your mother and all brothers and sisters equally.

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Answered on 1/08/09, 2:27 am


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