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SUPREME COURT OF INDIA

Year of decision: 2017
Details

Land Acquisition Act, 1894, Section 23 -- Acquisition of land - Determination of compensation - Market rates - Comparable sale - (i) it must be within a a reasonable time of date of notification; (ii) it should be a bona fide transaction; (iii) it should be sale of land acquired or land adjacent to land acquired land; (iv) it should possess similar advantages...........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Land Acquisition Act, 1894, Section 23 -- Acquisition of land - Determination of compensation - Market rates - Belting system is applied for determining fair market value of acquired land when different parcels of lands with different survey numbers belonging to different owners and having different locations are acquired which put together comprises of a large chunk of..........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Land Acquisition Act, 1894, Section 23 -- Acquisition of land - Determination of compensation - Market rates - Belting system - In belting system acquired land is divided in two or three belts depending upon facts of each case - Market value of front belt abutting main road is taken to fetch maximum value - Whereas, second belt fetches 2/3rd or so of rate determined in..........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Land Acquisition Act, 1894, Section 23 -- Acquisition of land - Determination of compensation - Market rates - Potentiality of land - Potentiality means capacity or possibility for changing or developing into state of actuality - Potentiality of land depends upon its condition, situation, user to which it is put or is reasonably capable of being put and whether it has any..........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Land Acquisition Act, 1894, Section 23 -- Acquisition of land - Determination of compensation - Market rates - Belting system - Acquired land comprises of more than around 300 acres or so and is thus a very large chunk - It belongs to several landowners and being large in volume - One side of acquired land is abutting road - Land surrounding with some kind of activities in..........

Showing : 1-5 of 5 Results