Jivanbhai Ambalal & Ors vs Special L.A.Q. Officer & Ors

The Supreme Court held that the market value of acquired land should be determined based on prior awards, specifically referencing the judgment in General Manager, ONGC vs. Rameshbhai Jivanbhai Patel, which established an annual increase of 10% to 15% for urban and semi-urban areas. The Court increased the compensation from Rs.62.50 to Rs.71 per sq.m for one case and from Rs.58.50 to Rs.66 per sq.m for another, correcting the Reference Court's miscalculations. The awards were modified regarding solatium and interest, with parties bearing their respective costs.