Settlement

 Appoint a arbitrator with thye consent of all and then the arbitrator will decide the issues and accordingly pass an award and you can save yor movement towards registrar office.

Priya   Ranjan   has   provided a good  solution.

hi, acc to law, u can do this very simply.first of all write a settlement deed for evry sister of the family .than u give her share before the deed writere and register that deed from competent ur local court. after that ur settelment will be done!but one thing must be consider, the document of deed should be valuable rithg compare with share ,ok.

From your question I assume that the property is ancetral property, and therefore all the family members have their share and you wish to avoid stamp duty / registration.

Instrument of partition of the immovable properties is defined under the section  2(15) of the Stamp Act and necessary stamp duty is required to payble accordingly, and it is also transferring/creating interest in the immovable propertey therefore registration under seciton 17 of the Registration Act is also compulsory.

Supreme Court has in AIR SC 1970 833 (Satish Kumar vs. Surinder Kumar) observed that private award related immovable requires registration.