Dollar Company, Madras vs Collector Of Madras on 1 May, 1975
14. The contention of the learned Special Government
Pleader appearing for the respondents by placing reliance upon the
judgment of the Apex Court in {(1975) 2 SUPREME COURT CASES –
730} (THE DOLLAR COMPANY, MADRAS Vs. COLLECTOR OF
MADRAS), cannot be countenanced for the reason that purchase by
the land owner in that case was very recent to the date of 4 (1)
Notification. In the case on hand, sale deeds were executed in favour
of the appellants, in the year 1997, whereas the acquisition was in the
year 2002. It appears that developments which have taken place very
recently. From the records, we could see that certainly there are
some developments which have taken place. Secondly, as stated
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earlier, even the land Acquisition Officer has taken into consideration
of the said data sale deed which is of a plot. In fact, most of the sale
deeds rejected and approved by the Land Acquisition Officer are only
for a very small extent. These factors by themselves would clearly
show the potential value of the land. We also note that no such plea
has been raised on behalf of the respondents by placing reliance upon
the sale deeds of the appellants and in fact, valuation has been fixed
based upon the data sale deeds taken by the Land Acquisition Officer.