A.P. Housing Board vs K. Manohar Reddy & Ors

The Supreme Court upheld the High Court's decision regarding compensation for land acquired under the Land Acquisition Act, 1894, specifically referencing Section 4(1) and Section 18. The Court affirmed that the claimants were entitled to compensation of Rs. 75/- per square yard, after deducting 1/3rd, resulting in a final compensation of Rs. 50/- per square yard. The judgment emphasized the importance of considering market value and potentiality of the land in determining compensation.