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Supreme Court of India 2024-07-10 partly_allowed

New Okhla Industrial Development Authority vs Harnand Singh (Deceased) through LRs & Ors. …

Bench: 2 — Surya Kant, K.V. Viswanathan

In Brief

In this land acquisition dispute, the Supreme Court addressed inconsistent compensation awards for 492 acres in Village Chhalera Bangar. The High Court had awarded compensation at INR 340 per sq. yd. to some landowners and INR 449 per sq. yd. to others following a prior judgment (Bir Singh) that was later acknowledged as based on a factual error. The Court rejected the erroneous precedent but upheld uniform compensation, determining fair market value using the principle of guesstimation. Applying a 15% annual escalation to NOIDA's own 1989 rates (INR 350 per sq. yd. for land away from roads), the Court fixed compensation at INR 403 per sq. yd. for all similarly situated landowners, preventing discrimination and ensuring equitable treatment.

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Land Acquisition Compensation Market Value Land Valuation Constitutional Law Article 14 Article 142 Guesstimation Judicial Precedent Discrimination

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