https://www.taxtmi.com/caselaws?id=287031 Comparable-sale valuation of acquired land permitted deductions for development, roads, civic amenities, de-escalation and waiting period where the exemplar was a small developed site and the acquired tract was large undeveloped agricultural land. The 55 percent development deduction was within the permissible range, and the additional 10 percent de-escalation and 5 percent waiting-period deductions were supported by the time gap and settled escalation principles. The cumulative 70 percent deduction remained within the outer benchmark recognised in precedent, and uniformity with compensation fixed for similarly situated land justified the final rate of compensation. en-us Tue, 22 Nov 2011 00:00:00 +0530 Wed, 25 Mar 2020 15:36:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287031 Comparable-sale valuation of acquired land permitted deductions for development, roads, civic amenities, de-escalation and waiting period where the exemplar was a small developed site and the acquired tract was large undeveloped agricultural land. The 55 percent development deduction was within the permissible range, and the additional 10 percent de-escalation and 5 percent waiting-period deductions were supported by the time gap and settled escalation principles. The cumulative 70 percent deduction remained within the outer benchmark recognised in precedent, and uniformity with compensation fixed for similarly situated land justified the final rate of compensation. Case-Laws Indian Laws Tue, 22 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287031