Well Manish - inquire at the local car dealer or use the valuation tool on this site. You will know if truevalue is giving you a good price or not. For your reference, I bought my Santro for 1.8 lacs when it was already 6 years old...so I guess yours should fetch between 1.6-1.9 lacs (or even more if you can negotiate) depending on the price you bought it for, since it is 5 years old.
MODs' Remark: Edited to provide link for Valuation Tool.
S = k.I^2, where S is the amount of stupidity a species possesses, I is the intelligence the species has and k is the universal constant of stupidity.
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