ascertained the amount of compensation on the basis of the
method known as capitalization. The rental value method which was
also pressed into service ... sale of their crops.
According to claimants by adopting the method of capitalization for
ascertaining the just and reasonable amount of compensation
ascertained the amount of compensation on the basis of the
method known as capitalization. The rental value method which was
also pressed into service ... sale of their crops.
According to claimants by adopting the method of capitalization for
ascertaining the just and reasonable amount of compensation
claimant also claimed the compensation on the basis of
capitalization method stating that yearly income of the land is not
less than
Reference Court suggests that the Reference Court adopted the
method of capitalization. However, while offering the compensation to
the claimants, the Special Land Acquisition Officer ... comes
to Rs.1.96 per sq.mtr and considering the capitalization method
applying multipliers of 10% as applied by the Reference Court, it
comes
claimant also claimed the compensation
on the basis of capitalization method stating that yearly income of the
land is not less than
oral and
documentary evidence on record, and more particularly, adopting the
method of capitalization for ascertaining the market value of the
lands, came ... yield of the crops from the land and adopting the method of
capitalization, the Reference Court ascertained the market value of
the land
What is ruled therein is that the methods of valuation are (1)
opinion of experts, (2) the prices paid within a reasonable time in
bona ... lands acquired. The Supreme
Court has cautioned that normally, the method of capitalizing the
actual or immediately prospective profits or the rent of a number
What is ruled therein is that the methods of valuation are (1)
opinion of experts, (2) the prices paid within a reasonable time in
bona ... lands acquired. The Supreme
Court has cautioned that normally, the method of capitalizing the
actual or immediately prospective profits or the rent of a number
same village and
for similar period, and the second method is capitalization of
the annual income of the acquired land on the basis ... methods which may be used to assess the annual income from the
land which the owner have been deriving or expected to derive is
capitalization
Supreme
Court that normally following methods are adopted to determine
market value such as :
a) Sales Statistics Method : Sales must be genuine and bonafied
should ... acquired land.
b) Capitalization of Net Income method - In this method of
determination of market value, capitalization of income method or
expert opinion method