Joint house property at balance sheet

You will show the value of the property for which consideration has been paid by the respective person.

For eg. If both the parties have contributed 10 LAcs each for the Rs. 20 Lacs property then you will mention - " 50% share in ____ property - Rs. 10 Lacs" in the balance sheet. 

Thanks experts. I am understood

I have a question if Husband has contributed 70 lakhs and 5lakhs contributed by wife and property is purchased worth 75 lakhs in name of wife.How do we account it in Wife balance sheet?

My view is to show a unsecured loan with respect to 70 lakhs as property is shown in wife books.