Ready Reckoner Rates Cannot Be Sole Basis for Land Acquisition Compensation: Bombay High Court

“The rates mentioned in the Ready Reckoner are basically for the purpose of collection of stamp duty and cannot be the basis for determination of the compensation for the lands acquired under the Land Acquisition Act,” the Bombay High Court reiterated while slamming the SLAO’s flawed approach and upholding enhanced compensation of ₹3.99 crore.

UC Punawale Skyscrapers LLP Acquires Land in Punawale, Pimpri-Chinchwad for ₹129 Crore

UC Punawale Skyscrapers LLP has acquired a land parcel in Punawale, Pimpri-Chinchwad, for ₹129 crore. The rapidly growing suburb is attracting homebuyers and investors due to its connectivity, affordability, and proximity to Hinjewadi IT Park.