In Brief
The Supreme Court examined compensation awarded for 229.13 acres of land acquired in Haryana in 2005 for residential and commercial development. The High Court had enhanced compensation to Rs. 4,173 per square yard primarily by applying a 15% annual compounded interest to a 1995 precedent case (Ashrafi), while ignoring contemporaneous sale deeds on record. The Court held that relying on a decade-old acquisition is unsafe, that courts must examine each case on its facts, and that material evidence like sale deeds cannot be ignored without reason. It remitted the matter to the High Court for fresh consideration with proper regard to all evidence on record.
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