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1 - 6 of 6 (0.41 seconds)Section 28 in The Land Acquisition Act, 1894 [Entire Act]
Section 4 in The Land Acquisition Act, 1894 [Entire Act]
Section 6 in The Land Acquisition Act, 1894 [Entire Act]
Section 11 in The Land Acquisition Act, 1894 [Entire Act]
Airports Authority Of India vs Satyagopal Roy & Others on 15 March, 2002
In Airports Authority of India v.
Satyagopal Roy and Ors., it was held that: (SCC p.530, para 8)
"8. It is settled
law that in evaluating the market value of the acquired property,
namely, land and building or the land with fruit-bearing trees
standing thereon, value of both is to be determined not as separate
units but as one unit. Therefore, it would be open to the Land
Acquisition Officer or the Court either to assess the land with all
its advantages and fix the market value thereof on the basis of
comparable sale instances. In case where comparable sale instances
are not available and where there is reliable and acceptable evidence
on record of the annual income, market value could be assessed and
determined on the basis of net annual income multiplied by
appropriate multiplier for its capitalization."
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