Jointly owned property which is partitioned can be given on rent or sell. No NoC require. In case if sale, maximum other owners can request to offer the portion to sell them first.
You have inheirted your father 1/4th share in which your mother and sister have equal right and mother can give her 1/3rd share in 1/4th to your daughter by gift or Will.
In case of intestate death of mother, you and sister will inheirt her share equally.
Married daughter have right in her mother share.