Topic
Bombay High Court ruled that evidence justifies a 12% annual escalation in land acquisition compensation, overturning the Reference Court's 6% rate. The judgment sets a precedent for market value appreciation in agricultural land disputes, impacting compensation claims under the Land Acquisition Act 1894.
Bombay High Court affirms 12% annual escalation in compensation for agricultural lands acquired under the Land Acquisition Act, 1894, rejecting the Reference Court's 6% rate. The ruling mandates reliance on comparable sale instances and the acquiring authority's own valuation methodology, increasing compensation from Rs. 2.54 lakh to Rs. 3.14 lakh per hectare for affected landowners.
Bombay High Court ruled that lands in Village Parhar Khurd are comparable to Village Dapkeghar, entitling claimants to 12% annual escalation on compensation under Section 23 of the Land Acquisition Act, 1894. The Court enhanced compensation to Rs. 3,13,981 per hectare, emphasizing evidence-based comparability and statutory entitlements for landowners.
Bombay High Court affirms that a 20% deduction for development charges in land acquisition compensation is justified under Section 23 of the Land Acquisition Act for public purpose projects like schools. The ruling mandates strict comparability of sale instances and rejects escalation claims without concrete proof, setting a precedent for compensation principles in infrastructure acquisitions.