Supreme Court of India · 2007-01-03
SUMANGALAM COOP. HOUSING SOCIETY LTD. vs SUO MOTA,HIGH COURT OF GUJARAT .
- Citation / case number
- SC 2002/13075
- Court
- Supreme Court of India
- Petitioner
- SUMANGALAM COOP. HOUSING SOCIETY LTD.
- Respondent
- SUO MOTA,HIGH COURT OF GUJARAT .
- Author
- ARIJIT PASAYAT
- Bench
- LOKESHWAR SINGH PANTA DR. ARIJIT PASAYAT
Judgment text excerpt
The Supreme Court upheld the Gujarat High Court's findings regarding irregularities in the allotment of land to Sumangalam Co-operative Housing Society Ltd., emphasizing the need for proper valuation as per market rates. The Court noted that the High Court's assessment of the land's value, based on the sale price of a similar plot, was reasonable and justified. The appeals were dismissed, affirming the High Court's decision that the allotment was made at an unreasonable rate, violating principles of fair market value.