16. Taking into consideration of the location of the acquired lands in Thoppur Village, which is just outside the Madurai City Municipal Corporation limits and which is surrounded by the various industries leading textile mills, colleges, hospitals, warehousing, corporation godowns, flour mills, etc., we are of the considered view that the market value of the acquired land has been increasing day by day and it could very well be fixed at Rs.2,000/per Cent, though they are located in three different directions in the same village, but command same facilities and same advantages or disadvantages, as the case may be, we have taken into consideration the location, the smallness of the lands covered in Ex.C1, which is not even one ground plot, i.e., 2360 Sq. Ft. and all other developments, we arrive at the market value at the rate of Rs.2000/- per Cent also taking into consideration the passage of time and other developments in the locality and the steep increase as reflected in Ex.C2.”