Balbir Chand & Ors vs State Of Punjab & Anr

The Supreme Court held that in determining compensation for land acquisition under the Land Acquisition Act, 1894, the market value established in a prior acquisition case should be used as a basis for the current case, especially when the lands are adjacent and similarly situated. The Court increased the compensation from the previously awarded Rs.1,70,000/- per acre to Rs.1,87,000/- per acre, allowing the appeals in part and granting statutory benefits and interest as per the Act. The decision emphasizes the principle of fair compensation in land acquisition matters.