Search Results Page

Search Results

1 - 9 of 9 (0.65 seconds)
Smt. Kaushalya Devi Bogra And Others Etc vs The Land Acquisition Officer, ... on 15 February, 1984 cites

Prithvi Raj Taneja vs State Of Madhya Pradesh And Others on 18 January, 1977

Two principles relating to the matter of fixation of compensation relevant for the present purpose may be kept in view. When large tracts are acquired, the transaction in respect of small properties do not offer a proper guideline. Therefore, the valuation in transactions in regard to smaller property is not taken as a real basis for determining the compensation for larger tracts of property (see Prithvi Raj Taneja v. State of Madhya Pradesh and Ors(1).; Padma Uppal etc. v. State of Punjab & Ors(2). In certain other cases this Court indicated that for determining the market value of a large property on the basis of a sale transaction for smaller property a deduction should be given.
Supreme Court of India Cites 4 - Cited by 70 - H R Khanna - Full Document

The Special Land Acquisition Officer, ... vs T. Adinarayan Setty on 7 November, 1958

In Special Land Acquisition Officer, Bangalore v. T. Adinarayan Setty, (3) a reduction of 25% 913 was indicated while there are certain other cases where the view is that the reduction should be to the extent of 1/3. Again, in the very scheme for fixation of compensation provided by the Land Acquisition Act there is bound to be some amount of arbitrariness. The acquisition is deemed to be a statutory purchase and on the basis of evidence the law requires an assumed consideration to be determined. Keeping in view the fact that acquisition is of compulsory nature, a solatium of 15% on the valuation is provided. Bearing these considerations in view and taking into account the fact that the lands in question were located in a developed part of Aurangabad and had considerable potential value, we proceed to fix the market value of the property. One acre of land is equal to 4840 square yards. The learned Civil Judge had maintained a distinction between the two classes of lands. We take note of that fact also in the matter of determining the compensation. We, however, do not propose to indicate separate valuations for the two classes of lands. Taking an overall picture of the matter, we direct compensation to be fixed at the rate of Rs. 1.50 per square yard or Rs. 7260 per acre for all the lands of the present appellants acquired by the notification in question. Over and above this amount, the appellants shall be entitled to statutory solatium of 15% as also interest at the rate of 6% per annum on the additional compensation from the date of dispossession till payment thereof. We direct the Collector to work out the compensation on the basis indicated above within two months from today. If the amount so determined is not paid within three months thereafter, the interest on the additional compensation shall be at the rate of 12% per annum till payment is made.
Supreme Court of India Cites 4 - Cited by 422 - S K Das - Full Document
1