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The recent judgement of the Supreme Court of India has further strengthened the lawful compensation for the acquired land, the case dealing with the delayed compensation. The Court also held that landowners have a right to current market price for the acquired land in the event that the government is slow to release compensation amounts. This decision affirms the constitutional provision on property under Article 300A of the Constitution and the human right to equal and fair compensation in a welfare state.

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Supreme Court Ensures Fair Market Value for Delayed Land Compensation
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Supreme Court Ensures Fair Market Value for Delayed Land Compensation

The Supreme Court of India upholds fair market value for delayed land compensation, emphasizing property rights under Article 300A. This landmark judgment ensures timely and inflation-adjusted payments, offering guidance for land acquisition disputes