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Supreme Court of India 2022-03-10 partly_allowed

Jai Parkash etc. etc vs Union Territory, Chandigarh etc. etc

Bench: 2 — M.R. Shah

In Brief

The Supreme Court addressed appeals challenging the High Court's valuation of approximately 63.70 acres of land acquired by the Chandigarh Administration for defence purposes. The High Court had valued the land at Rs.11,30,000 per acre by averaging comparable sales and applying a 50% deduction for size differences. The Court held the High Court's reliance on those sale instances was final, but modified the deduction from 50% to 40%, resulting in compensation of Rs.13,54,200 per acre. Land owners were granted statutory benefits on the enhanced amount and solatium for delay, but not interest on delay. All appeals were partly allowed."

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Land Acquisition Compensation Market Valuation Land Law

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