The Special Land Acquisition Officer vs Karigowda on 26 September, 2012
12. For payment of just and proper compensation and to arrive fair
market value of agricultural land various facts and circumstances of the
case are liable to be considered by the Court. The Court must exercise
its discretion by adopting different methods; like (a) the Sales statistics
method; (b) the Capitalisation of net income method; and (c) the
Agricultural yield basis method. The Supreme Court in the case of
Special Karigowda (supra) has held as under:-