1956 (7) TMI 54

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....espondents: Addl. Asst. Adv. General JUDGMENT Venkata Ramaiya, J. 1. Both these appeals under the Land Acquisition Act in which parties are the same may be disposed of by one order The only point for consideration is the amount payable as compensation. The properties are buildings situated in Mysore near Sayyaji Rao Road at the extremity of Lansdown Buildings. One case relates to those nu....

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....erent footing. It is found that Rs. 150/- are realised as rent from the shops and rooms which are let out and for those retained for use of the owners only, Rs. 10/- were fixed as rent though Rs. 20/- were claimed. The learned Judge capitalised the rent by deducting from the annual realisation at this rate a quarter of it as being required for repairs and taxes and multiplying the balance by 18. ....

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....s approximate and not a mathematically accurate estimate. 3. A recognised basis of valuation of buildings in urban areas is the rent normally realised by those when these are leased to others and the rent expected to be got if these are in occupation of the owners. As has been said in some cases such as Karachi Municipality v. Naraindas AIR 1933 Sind 57 (A) and Govt. of Bombay v. Merwanji Munch....

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....ction that the building was strong, in good condition and well kept at the time of inspection. It has also held that the better way of valuing the property in this case is called the "rental method and hot' the land and building method-adopted by the Land Acquisition Officer". In view of this and the fact that evidence about fair rent is considered to be "very satisfactory" the claimant is ent....