DIGAMBER vs STATE OF MAHARASHTRA .

The Supreme Court held that the High Court erred in setting aside the compensation awarded for land acquisition under the Land Acquisition Act, 1894, specifically regarding the market value determination. The Court emphasized that the reference court can consider comparable sale instances for re-determining market value, as established in The Special Land Acquisition Officer, BTDA, Bagalkot Vs. Mohd. Hanif Sahbi Bawa Sahib (JT 2002 (3) SC 176). The Court restored the compensation awarded by the reference court, affirming the rate of Rs.5/- per sq. feet as just and reasonable.