#Compensation for land acquisition

Bombay High Court rules that land acquisition proceedings under the Right to Fair Compensation Act 2013 lapse if neither possession is taken nor compensation paid by the cut-off date of 01.01.2014, entitling landowners to compensation under the new Act. This judgment reinforces landowners' rights and sets a critical precedent for pending compensation claims under Section 24.

Karnataka High Court rules that agricultural land within municipal limits must be compensated at higher rates if it holds commercial potential, regardless of its unconverted status. The judgment underscores that Section 23 of the Land Acquisition Act mandates valuation based on land's potential use, not just current classification, impacting landowners and acquisition authorities alike.