Briefly, the facts of the case are that vide notification dated 26.7.1985 issued under Section 4 of the Act, the State of Punjab acquired the land situated within the revenue estate of Village Malikpur, Tehsil Kharar, District Ropar, for construction of Sutlej Yamuna Link Canal. The Land Acquisition Collector vide his award dated 19.3.986 assessed the fair value of the acquired land @ 62,000/- per acre for chahi, 50,000/- per acre for barani, and 35,000/per acre for gair mumkin kind of land. 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 on the basis of a settlement arrived at between the landowners and the then Chief Minister of Punjab, according to which the value of the acquired land was assessed @ 1,00,000/- per acre for chahi, 75,000/- per acre for barani and 60,000/- per acre for gair mumkin kind of land. It is this award which is impugned in the present appeal.