Bhikulal Kedarmal Goenka (D) By L.Rs vs State Of Maharashtra And Anr

The Supreme Court addressed the appeal regarding the compensation for land acquired under the Land Acquisition Act, 1894. The Court upheld the High Court's determination of market value at Rs.135/- per sq.meter after considering the location of the land and the surrounding developments. The Court clarified that deductions for development charges were justified, referencing the principles established in Sabhia Mohammed Yusuf Abdul Hamid Mulla (Dead) by Lrs. and others vs. Special Land Acquisition Officer and others, (2012) 7 SCC 595, thus affirming the High Court's decision.