Supreme Court of India · 2004-01-07
Krishi Utpadan Mandi Samiti Sahaswan ... vs Bipin Kumar & Anr
- Citation / case number
- AIR 2004 SUPREME COURT 2895
- Court
- Supreme Court of India
- Petitioner
- Krishi Utpadan Mandi Samiti Sahaswan ...
- Respondent
- Bipin Kumar & Anr
- Author
- S. N. Variava
- Bench
- S. N. Variava, H. K. Sema
Judgment text excerpt
The Supreme Court upheld the High Court's determination of compensation for land acquisition under the Land Acquisition Act, specifically referencing Section 4 and Section 6 notifications. The Court established that market value can be determined based on comparable sale deeds, and noted the importance of local market conditions and development potential in assessing compensation. The Court affirmed the compensation rate of Rs.170 per sq. yard as just and proper, given the evidence of rising land prices and development in the area.