Supreme Court · 2014 INSC 734 · Decided 17 October 2014
MAJ. GEN. Kapil Mehra & ORS. v. Union of India & ANR.
- Court
- Supreme Court of India
- Citation
- 2014 INSC 734 · [2014] 10 S.C.R. 1153
- Case number
- CIVIL APPEAL No. 2545/2012
- Decided
- 17 October 2014
- Bench
- T.S. THAKUR, R. BANUMATHI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Land Acquisition Act Section 23, 28, 34
Headnote
Land Acquisition Act, 1894 - s.23 - Acquisition of land A B - Market Value - Determination of - Held: Market value is determined with reference to the open market sale of C comparable land in the neighbourhood, by a willing seller to a willing buyer, on or before the date of preliminary fair indication of the market value. Land Acquisition Act, 1894 - s.23 - Acquisition of land 0 - Market Value - Determination of - Comparable sales method for valuation of land - Held: Comparable sales method of valuation is preferred rather than methods of valuation of land such as capitalization
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