V.G. KULKARNI vs SPL.LAND ACQUISITION OFFICER

The Supreme Court addressed the determination of compensation under the Land Acquisition Act, 1894, specifically Section 4(1). The Court held that the High Court erred in reducing the compensation for acquired land, emphasizing that the lands did not possess building potentiality at the time of notification and that comparable sales were not adequately considered. The Court ultimately upheld the need for a proper assessment of market value, rejecting the High Court's valuation of Rs.67,200 per acre and reinforcing the principle that compensation must reflect true market conditions.