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2005 (11) TMI 51 - BOMBAY HIGH COURTAppropriate Authority has ordered preemptive purchase of the immovable property - SIP (sale instance property) relied upon by the Appropriate Authority is not comparable and it is not open to the Appropriate Authority to take into account sale instance of non-comparable properties and arrive at a conclusion that there is undervaluation of 15 per cent, or more by making additions and deletions of the advantages and disadvantages attached to the totally dissimilar properties - it is not necessary to go into the question as to whether the transfer of development rights is covered under Chapter XX-C of the Act or not. - petition succeeds. The impugned order dated February 23,1995, is quashed and set aside
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