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The Executive Director vs Sarat Chandra Bisoi & Anr on 11 May, 2000 cites

Union Of India & Anr vs Smt.Shanti Devi Etc. Etc on 5 October, 1983

In Union of India and Anr. Vs. Smt. Shanti Devi etc.etc. - AIR 1983 SC 1190 this Court has said : The capitalised value of a property is the amount of money whose annual interest at the highest prevailing interest at any given time will be its net annual income. The net annual income from a land is arrived at by deducting from the gross annual income all outgoings such as expenditure on cultivation, land revenue etc. The net return from landed property, generally speaking, reflects the prevalent rate of interest on safe money investments.
Supreme Court of India Cites 14 - Cited by 31 - E S Venkataramiah - Full Document

Land Acquisition Zone Officer vs Damberudhar Pradhan And Ors. on 29 April, 1991

It was a case of very large tract of agricultural land having been acquired for Beas project. This Court held that in the facts and circumstances of that case 15 years purchase would be proper for determining the compensation and not 20 years purchase. Our attention has been invited to a Division Bench decision of the High Court of Orissa in Land Acquisition Zone Officer Vs. Damberudhar Pradhan and Ors. - AIR 1991 Orissa 271 wherein on a conspectus of decided cases, the Division Bench has held that 16 years purchase was ideal to be adopted for fixing the market value of the land in Orissa. The High Court has adopted the same multiplier for this case. We do not find any fault therewith, in the facts and circumstances of the case and approve the same.
Orissa High Court Cites 17 - Cited by 4 - Full Document
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