Jasarvinder Singh & Ors vs President Land Acquisition & Ors

The Supreme Court held that under Section 18 of the Land Acquisition Act, 1894, the appellants are entitled to an increase in compensation for their acquired land due to the failure of the Punjab and Haryana High Court to account for the notional increase in market value. The Court referenced previous judgments including Ranjit Singh v. U.T. of Chandigarh and others, establishing that compensation should reflect a 12% annual increase from the earlier award. Consequently, the Court determined the compensation rate to be Rs.48.36 per sq. yard, thereby modifying the High Court's decision.