PATEL JATHABHAI PUNAJBHAI vs NORTH GUJARAT UNIVERSITY

The Supreme Court addressed the issue of compensation for land acquired under the Land Acquisition Act, 1894, specifically under Section 4 and Section 18. The Court held that the compensation must reflect the market value at the time of notification, considering surrounding developments and potential uses of the land. The Court ultimately upheld the High Court's reduction of compensation to Rs.60/- per sq.m. for agricultural land and Rs.78/- per sq.m. for non-agricultural land, affirming the need for just compensation based on market realities.