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

Dollar Company, Madras vs Collector Of Madras on 1 May, 1975

5. It is now the settled position that value of the land acquired shortly before the notification under Section 4(1) of the Act is the best evidence to determine market value. See AIR 1975 SC 1670 (The Dollar Company, Madras v. Collector of Madras). In absence of such material, contemporaneous transaction of lands having similar advantages would give good guidance for determination of market value. Opinion of experts on valuation of land can be adopted as a method for determination of market value. In absence of any of these methods, market value can be determined by capitalising number of years purchase of net annual yield. What would be the multiple on basis of which capitalisation method would be adopted would very from case to case.
Supreme Court of India Cites 5 - Cited by 103 - V R Iyer - Full Document

Tribeni Devi And Ors vs Collector Of Ranchi on 25 January, 1972

However, in AIR 1972 SC 1417 (Smt. Tribeni Devi v. The Collector, Ranchi), it has been held that Court is not precluded from taking into consideration any special consideration. Potential value of the land being in the industrial belt is a special consideration which weighs with us. Besides we can take note of gradual increase in rate of land year to year, though annual yield may not increase. In absence of any definite data, we would have to make an estimate.
Supreme Court of India Cites 11 - Cited by 463 - P J Reddy - Full Document

Raja Srivalgoti Sarvagna Kumara ... vs Special Land Acquisition Officer, City ... on 16 January, 1979

Estimation in many cases depend largely on evaluation of imponderable and it must necessarily be to some extent a matter of conjuncture or guess as has been held in AIR 1979 SC 869 (Krishna Yachendra Bahadurvaru v. The Special Land Acquisition Officer, City Improvement Trust Board, Bangalore), we feel, 16 times the net annual yield would be the proper multimate to be adopted in this case.
Supreme Court of India Cites 3 - Cited by 36 - P N Bhagwati - Full Document
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