Pradyumna Mukund Kokil vs. Nashik Municipal Corporation & Ors. 2025 INSC 1236

Dispute over possession and compensation related to land in Nashik, reserved originally for public purposes but used by the municipal corporation without formal acquisition. Key takeaways:✅ SC emphasized that the market value of land under acquisition must be determined strictly using the method prescribed in Section 26 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. ✅ The Reference Court's enhanced compensation award of approximately ₹20.20 crores was restored.✅ The appellant, having purchased the land in 2011, was entitled to compensatory interest (mesne profits) at 8% per annum on the purchase price for the period from 2011 to 2017. Key Statutes:* Land Acquisition Act, 1894* The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013* Maharashtra Regional and Town Planning Act, 1966* SARFAESI Act, 2002