Briefly, the facts are that the State of Haryana vide notification dated 20.4.1987 issued under Section 4 of the Act, acquired land situated within the revenue estates of Village Badkhal, Tehsil Ballabgarh, District Faridabad, for development and utilisation thereof as institutional, Sector-48, Faridabad. The Land Acquisition Collector assessed the market value of the land @ 3,50,000/per acre. Dissatisfied with the award of the Collector, the landowners filed objections. On reference under Section 18 of the Act, the learned court below, determined the market value of the acquired land @ 90/- per square yard. It is this award which is impugned in the present set of appeals.