respective claims. Analysing the evidence produced by the parties and adopting capitalization methods, he determined the quantum of compensation for the lands and trees acquired ... method for determination of market value. In absence of any of these methods, market value can be determined by capitalizing number of years, purchase
this Court reiterated the methods of valuation and
also stated that those methods do not preclude the Court from
taking into consideration other circumstances ... this Court
held that when capitalization method for valuation is applied,
proper multiplier should be 10. Similarly, in Special Land
Acquisition Officer v. Virupax Shankar
Court would adopt while arriving at a conclusion. Should it adopt capitalization method, multiple method, belting system or evolve any other method which necessarily would
market value payable on the principle of valuation by income capitalization method, he determined the compensation payable for the entire acquired area of 285 hectares
determined on the basis of 10 years' net income, if capitalization method was to be applied. The Supreme Court has taken the same view
relevant point of time. By use of 10 multiplier under capitalization method he concluded that the market value of the acquired lands
give a piece of property a market-value. Secondly the other method is capitalization of net annual value of the property. In the case ... neighborhood possessed similar conditions....
18. Under the second method i.e. capitalization of net annual value, Hon'ble Supreme Court in the case
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
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