Pay current market rate if land compensation delayed: Supreme Court

The Supreme Court used its special powers to ensure landowners receive compensation based on current market values if the government delays payment. The ruling came from a case involving land acquired for the Bengaluru-Mysuru project in 2003, with compensation significantly delayed, prompting the court to mandate payout based on 2019 rates.

Jan 3, 2025 - 06:45
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Pay current market rate if land compensation delayed: Supreme Court
The Supreme Court used its special powers to ensure landowners receive compensation based on current market values if the government delays payment. The ruling came from a case involving land acquired for the Bengaluru-Mysuru project in 2003, with compensation significantly delayed, prompting the court to mandate payout based on 2019 rates.

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