R. Manohara Murthy vs Assistant Commissioner And Land ...

The Supreme Court held that the compensation for land acquisition under the Land Acquisition Act should be determined based on market value, with consideration for escalation over time. The Court found that the High Court's determination of Rs. 66,000/- per acre was inadequate and recalibrated the compensation to Rs. 90,000/- per acre, along with statutory benefits. This decision emphasizes the need for fair compensation reflective of market conditions and statutory allowances under the Land Acquisition Act.