Briefly, the facts are that vide notification dated 10.10.1978 issued under Section 4 of the Land Acquisition Act, 1894 (for short, “the Act”), the State of Punjab acquired 75 kanals 1marla land situated within the revenue estate of village Fateh Nangal, Tehsil and District Gurdaspur, for setting up of New Mandi Township at Dhariwal Town. The Land Acquisition Collector assessed the market value of the acquired land. Aggrieved against the award of the Collector, the land owner filed objections. On reference, the learned court below, on the basis of its earlier award, determined the market value of the acquired land @ ` 45,000/- per acre. It is this award of the learned Reference Court which is impugned in the present appeal.