Sale Deeds Executed After Acquisition Notice Cannot Be Used to Inflate Land Value: Himachal Pradesh High Court
The Himachal Pradesh High Court has held that sale deeds executed after the issuance of the land acquisition notification cannot be used for determining the fair market value of the property. Justice Romesh Verma remarked that only sale deeds executed before the acquisition notification are relevant for assessment, while those executed later could be aimed at artificially inflating land prices. The Court noted, “The documents and exhibited sale deeds… are…