CHEETUBHAI GORDHANBHAI PATEL vs GUJ.INDUSTRIAL DEVT.CORP.. — SLP(C) No. 22847 - 22848/2009

Case Summary: SLP(C) No. 22847-22848/2009 Outcome: The Supreme Court dismissed all special leave petitions. The Court upheld the Gujarat High Court's judgment fixing land compensation at Rs.65 per square meter, rejecting the Corporation's challenge to using smaller sale transactions as valuation basis and affirming the 40% development cost deduction. Key Finding: The Court held that sale instances of smaller land parcels can validly determine market value for larger tracts when appropriate deductions are made, and that courts should ordinarily rely on the highest-value sale instances when multiple comparables exist. This case analysis is maintained by casestatus.in based on publicly available court records.