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1981 (10) TMI 187

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..... ave been allowed on the enhanced amount of compensation; and (2) whether a cut of 33 per cent, of the market value in one case and 20 per cent in the others was justified in determining the amount of compensation. 2. As to point No. (1), the question of interest on the enhanced amount of compensation which is common to all the special leave petitions, is concluded by the judgment of Krishna Iye .....

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..... must be stated. An area of 269 kanals and 9 marlas out of a total area of 118.5 acres had been acquired. The Collector based the award on the 'belting' principle and classified the acquired area into two belts, namely, 'A' and B'. An area measuring 48 kanals and 18 marlas abutting the roads on three sides to a depth of karams was classified as belt 'A' and the remaining .....

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..... ecessary to provide roads, parks etc. The benefit of such roads and parks etc. would accrue to the plot holders without payment of any extra price. In other words, the price of the land under roads and parks etc. would be included in the price of the smaller plots made out of the big one. It is in this background that while assessing the market price of the acquired area measuring 269 kanals 9 mar .....

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..... i Devi and Ors. v. Collector of Ranchi the Court allowed a deduction of 33-1/3 per cent, towards the cost of development. The cost of development may range from 20 to 33 per cent. depending on the nature of the land, its situation and the stage of development etc. The Tribunal had before it material on which it directed a cut of 33 per cent, of the market value in one and 20 per cent in the other. .....

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