executed on 20-2-1950 on a monthly rent of Rs. 157/-. The High Court calculated the monthly rental of the land under acquisition at that rate to be not less than Rs. 2,000/- per month or Rs. 24,000/- per year. On the basis of 20 times the annual rent if computed Rs.4,80,000/- as the market value which works out at Rs.1,03,226/- per acre. It is, however, pointed out on behalf of the claimants that the High Court made a mistake in thinking that the rent for the land leased under Ex.10 was Rs.157/- p.m. and on that basis it calculated the annual rental value of 4.65 acres of the' acquired land. We have checked the figures from the original lease and find that in fact the rent is Rs.175/and not Rs.157/-. On this basis the rate per acre of 20 times annual rental value would come to Rs.1,26,000/-. Even if Ex. 11 is to be taken as, the basis and ,the value of the structures as given by the Engineer in Ex.25 is to be accepted that cannot furnish a proper basis because the land in question is a small area of .617 acres or just over 1 an acre. A smaller area such as this on a main road would certainly fetch a higher price compared to a larger un-developed area even though it may have a frontage on the main road. In order to develop that area atleast the value of 1/3 of the land will have to be deducted for roads, drainage and other amenities. On this basis, the value of the land at Rs.2,08,135.70 per acre would, after deduction of 1/3 come to Rs.1,38,757/per acre. On the basis of the rental of Rs.175/- p.m. in Ex.10, the value at 20 times the rental will work out as already seen at Rs.1,26,000/-. Allowing for an increase in rents from 1950 to 1954, the date of section
