Showing : 1-5 of 5 Results

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..........
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..........
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..........
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..........
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..........

Showing : 1-5 of 5 Results