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1 - 10 of 16 (0.25 seconds)Section 4 in The Land Acquisition Act, 1894 [Entire Act]
Section 23 in The Land Acquisition Act, 1894 [Entire Act]
Section 18 in The Land Acquisition Act, 1894 [Entire Act]
Union Of India vs Pramod Gupta (D) By Lrs. & Ors on 7 September, 2005
It has been held in various pronouncements by different Fora
that comparable sale value method is most relevant and appropriate method
to determine the value of the land acquired so as to award compensation to
the affected persons. Reference can be made to Union of India Vs. Pramod
Gupta (supra) wherein it has been held that :
Section 17 in The Land Acquisition Act, 1894 [Entire Act]
Section 6 in The Land Acquisition Act, 1894 [Entire Act]
Section 9 in The Land Acquisition Act, 1894 [Entire Act]
The Land Acquisition (Amendment) Act, 1962
Rameshwar Solanki vs Union Of India on 3 February, 1995
The petitioners are entitled to escalation @ 12% p.a only on the
given rate of sale deed proved by the petitioner, reference in this context can
be made to the judgment reported as Land Acquisition Officer Vs. B. Vijender
Reddy & Ors (2001) 10 SCC 669 and in Rameshwar Solanki Vs. Union of India
AIR 1995 Delhi 358. Thus, considering the entire facts and circumstances of
the pronouncements of various Fora on the subject, the fair market value of
the property in question acquired by the government should not be less than
LAC-20/1/06 26
Rs. 28,351/ per sq. meter. Accordingly, it is held that a sum of Rs. 28351/ per
sq. meter is the fair market value of a price of the land acquired on the date of
notification and that the petitioners are also entitled to the statutory benefits
in terms of section 23 of the Land Acquisition Act i.e Solatiun and escalation @
30% and 12% respectively.