In Brief
The Supreme Court determined compensation for agricultural land in Faridabad, Haryana, acquired under three separate notifications (1986, 1992, 1995) for development. The Court upheld the High Court's findings that small plot sales and booth auctions are unreliable valuation benchmarks. The Court confirmed Rs.435/- per square yard for 1986-acquired land but enhanced compensation for later acquisitions based on a 12% annual cumulative increase, reflecting Faridabad's rapid 1990s development (to Rs.860/- for 1992 and Rs.1210/- for 1995). The decision recognized that urban areas experience steeper land price appreciation than rural areas.
The lawyer headnote and full judgment text are available to registered users.