GOA HOUSING BOARD vs RAMESHCHANDRA GOVIND PAWASKAR

The Supreme Court addressed the appeals concerning land acquisition compensation under the Goa, Daman and Diu Agricultural Tenancy Act, 1964 and the Goa Land Use (Regulation) Act, 1991. The Court held that the compensation for the acquired land should reflect its market value, which was determined to be Rs.100 per sq.m., despite the Board's argument that the land's valuation should be limited to agricultural use. The Court did not overrule the High Court's reliance on a previous decision but chose not to follow it, affirming the increased compensation awarded by the High Court.