In Brief
In this land acquisition case under the Land Acquisition Act 1894, the High Court had fixed the base land value at Rs. 92.56 per square yard but applied two deductions: 25% for development and 25% for the State being under the shadow of terrorism. The Supreme Court held that where terrorism depresses market prices, those reduced prices are already reflected in the base valuation. Therefore, a separate deduction for terrorism was unjustified. The Court set aside the terrorism-related cut and upheld only the 25% development deduction, resulting in a net value of Rs. 69.42 per square yard with all statutory benefits to the appellants."
The lawyer headnote and full judgment text are available to registered users.