Land acquisition Act – Trial court fixed market value at 21,000/-. The High Court reduced the same and fixed the market rate at Rs.14,500/ per Gunta and deducting 30% towards development charges fixed at Rs.10,250/ per Gunta. – Apex court held that there is enough evidence to prove the potentiality of the land in question as would be clear from the findings of the Land Acquisition Officer Apart from it, the landowners have also proved the market value of the land in question by filing 10 sale deeds wherein it is established that price of the land situated in the adjacent area has varied from Rs.7250/ per Gunta to Rs.57,000/ per Gunta between 1977 till 1982. we are of the view that there was no justifiable
reason for the High Court to reduce the rate from Rs.21,000/ per Gunta to Rs.14,500/ per Gunta and then deducting 30% towards development charges fixed at Rs. 10,250/ per Gunta and held that we consider just and proper to fix Rs.21,000/ per Gunta as the market value of the land in question and after deducting 10% towards the development
charges fix the market price of the land in question at Rs.18,900/ per Gunta.