Land Acquisition - Comparable Sale Deeds - in the absence of other comparable sale deeds, lease deeds of Auction of Developed Plot by a Public authority can be considered as comparable sale deed - trial court refused to enhance the compensation basing on Ex.A7 to Ex.A10 Auction lease Deeds but the High court enchanced compensation basing on public auction lease deeds - Apex court confirmed the same- 2015 SC(2014) MSK LAW REPORTS 11
On 19.2.1997, a fresh notification was issued by the Land and Building Department, Govt. of NCT of Delhi under Sections 4 and 17 of the Land Acquisition Act, 1894 (the Act) proposing to acquire the land of the appellants measuring 12 Bigha (12096 sq. yards) for development of Vasant Kunj under the planned development scheme of Delhi. In the reference court, the appellants produced four documents Exs A7 to A10-perpetual lease deeds of residential plots in Vasant Kunj, executed between September 1995 to December 1996 at the rates ranging from Rs.28,719/- to Rs.47,542/- per sq. yard. The reference court held that the lease deeds of auction of a developed plot by a public authority are not a proper guide for determining the fair market value of ...