2024 (11) TMI 1663

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....ls are arising out the common judgment rendered by the Reference Court in LAC.Nos.51, 45 to 48, 50, 57 and 58/2001 dated 20.10.2008 wherein the present two appeals pertain to LAC.No.50/2001 and LAC.No.47/2001. 2. These two appeals though slated for admission, they are taken up for final disposal with the consent of learned counsels for parties and also learned AGA for the State. 3. Factual Matrix of the case: The claimants and respondent No.3 in L.A.C.51/01 are the owners of the land bearing Sy.no.64 and 72/5 of Basavanagangur village and the claimant in L.A.C.45/01 is the owner of Sy.No.72/4 and claimants in L.A.C.46/01 are the owners of land bearing Sy.No.65 and claimants in L.A.C.47/01 are the owners of land bearing Sy.No.63 and....

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....by the respective claimants, seeking for award of compensation at the rate of Rs.105/- per square feet with all other statutory benefits. 5. The learned counsel for the appellants / claimants contended that the acquired lands are situated very near to the Shimoga city and surrounding the acquired lands, already a lay out plan has been formed and sites have been created, there are several buildings, Engineering College, Agriculture College and tobacco research centre are situated. The acquired lands if converted for non- agricultural purposes, will have the potentiality of being used for residential and commercial purposes, but the LAO as well as the Reference Court, without considering all these aspects, has fixed meagre market value of ....