Case Law Analysis
|Madras High Court
Section 23 Land Acquisition Act | Market Value Must Include Proximate Sale Deeds and Development Potential : Madras HC
Madras High Court rules that compensation under Section 23 of the Land Acquisition Act must reflect not just the land's current market value but also proximate sale deeds and its development potential. The court enhanced compensation to Rs. 11,500 per Are, setting a precedent for fair valuation in land acquisition disputes.