We have 100 sq yards of property , where it is constructed in the form of quarters i .e lower portion and upper portion. lower portion value is 45 L and upper portion value is 35 L , here the portions can be sold and bought separately . where as in the total 100 sq yards , both the parties i e upper and lower portion owners will have equal share i .e 50 sq yards.
Total value of our 100 sq yards property is 80 L , in that my father share of investment is 65L and my brother share of investment is 15L(i.e loan)
Also lower portion(45L) is registered on my father's name, upper portion (35L) is registered on my brother's name (in this my father paid 20L , and rest is made into home loan )
Now we are three siblings, my father wants this property to be shared or to be given equally among three of us .
Other than selling it and dividing the amount among three of us , what else is the solution to divide it equally among three of us ? without any issues ? so that further issues may not arise.
NOTE : My father and we all three siblings , no one of us want to sell the property , we all just want to get it divided equally , What is the solution for this ?