Supreme Court of India · 2010-09-30
A.P. HOUSING BOARD vs K. MANOHAR REDDY .
- Citation / case number
- SC 2002/63434
- Court
- Supreme Court of India
- Petitioner
- A.P. HOUSING BOARD
- Respondent
- K. MANOHAR REDDY .
- Author
- MUKUNDAKAM SHARMA
- Bench
- MUKUNDAKAM SHARMA,ANIL R. DAVE, , ,
Judgment text excerpt
The Supreme Court upheld the High Court's decision granting compensation for land acquisition under the Land Acquisition Act, 1894, specifically referencing Section 4(1) and Section 18. The Court affirmed the High Court's valuation of Rs. 75/- per square yard, while also addressing the deduction of 1/3rd from the awarded amount. The ruling emphasized the importance of considering market value and potentiality of the land in determining compensation, thereby affirming the claimants' entitlement to fair compensation.