Supreme Court · 2009 INSC 110 · Decided 5 February 2009

Faridabad Gas Power Project, Ntpc LTD. ETC. v. Om Prakash & ORS. ETC.

Court
Supreme Court of India
Citation
2009 INSC 110 · [2009] 1 S.C.R. 912
Case number
CIVIL APPEAL No. 493/2007
Decided
5 February 2009
Bench
R.V. RAVEENDRAN, LOKESHWAR SINGH PANTA (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Land Acquisition Act Section 4(1)

Headnote

.... LAND ACQUISITION ACT, 1894: c s.4(1) and 23 - Acquisition of agricultural lands - Compensation - Factors for consideration - Compensation awarded to similarly situated nearby lands - Permissible deduction - Escalation in market value - HELD: Reference D court should have of adjacent land to determine market value of lands in question, keeping in view its comparable lesser potential, and allowed 7. 5% cumulative increase towards escalation of price - As regards ·-the small piece of land which was surrounded by commercial E establishments, the market

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