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Mewa Ram (Deceased) By His L.Rs. And Ors vs State Of Haryana Through The ... on 26 August, 1986

In Atma Singh (Dead) through L.Rs. and others v. State of Haryana and anr. [(2008) 2 SCC 568] : (AIR 2008 SC 709 : 2007 AIR SCW 7835), it was observed that the expression "market value" has been the subject-matter of consideration by this Court in several cases. The market value is the price that a willing purchaser would pay to a willing seller for the property having due regard to its existing condition will all its existing advantages and its potential possibilities when let out in most advantageous manner excluding any advantage due to carrying out of the scheme for which the property is compulsorily acquired. In considering market value disinclination of the vendor to part with his land and the urgent necessity of the purchaser to buy should be disregarded.
Supreme Court of India Cites 8 - Cited by 285 - A P Sen - Full Document
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