In Brief
This case concerned the valuation of 233.09 acres of land acquired for the Urban Estate of Panchkula in 1987. The Reference Court fixed the value at Rs. 31 per sq. yard, which the High Court affirmed. The appellants challenged this, citing a comparable case (Prakash Rani) involving adjacent land in the same project, valued at Rs. 250 per sq. yard. The Supreme Court held that the Collector's own Award noted the land's high potential and proximity to adjoining acquired lands, National Highways, and developed sectors. Since adjacent lands in the same project received Rs. 250 per sq. yard and all comparable properties were similarly valued, the Court allowed the appeal and reset the value at Rs. 250 per sq. yard with statutory benefits."
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