Market value

Parity, Severance and the Limits of Solatium: Supreme Court Restores Rs. 5 Lakh an Acre for the Aspal Extension Drain Acquisition

A 47-appeal batch on land taken for a drain in Fazilka. The Supreme Court rejects a distance-based valuation model, moves the severance baseline to the land left behind, and reaffirms that solatium attaches only to the value of the land.