High Court of Bombay at Aurangabad Partly Allows CIDCO's Appeal and Dismisses Claimants' Appeal in Land Acquisition Compensation Case — Market Value Determined at Rs. 1,50,000/- per Hectare Based on Sale Deed of Similar Land. The court reduced the compensation from Rs. 2,00,000/- to Rs. 1,50,000/- per hectare, applying a 20% deduction for development charges, and upheld the claimants' entitlement to statutory benefits under Sections 23 and 24 of the Land Acquisition Act, 1894.
26 Feb 2020The case involves two cross-appeals arising from a land acquisition proceeding. The appellant in First Appeal No. 5206 of 2017 is the Administrator of...
