Bombay High Court Enhances Compensation for Claimants in Land Acquisition Case — Market Value Fixed at Rs. 200 per sq.m. Based on Comparable Sale Deed with Escalation. The court applied a 20% deduction for development and 10% annual escalation from a 1986 sale deed to determine market value as on 1991 notification date under Section 4 of the Land Acquisition Act, 1894.
22 Sep 2010The judgment arises from two cross-appeals concerning the acquisition of land for the re-alignment of the Mardol-Ponda road on National Highway 4A (Ma...




