metre at Rs.
two lakhs only i.e. 1/100th of the value at the prescribed rates must, by any standard be regarded as illusory and, therefore, the fixation of maximum limit at Rs.
metre in the case of vacant land situated in urban agglomerations falling within categories C and D. In other words, for vacant land yielding income the method of capitalisation of the income for certain number of years is adopted while for vacant land yielding numberincome maximum rates of companypensation for A and B categories at Rs.
3, 98, 05021.84 say about Rupees four crores and inclusive of other items of properties the total value was put down at Rs.
15.12 per sq.
In Writ Petition 350 of 1977 the petitioner who happens to be the ex Ruler of the former Kota State has averred in paragraphs 17 and 20 of the petition that the urban vacant land owned and possessed by him in the city of Kota admeasures 918.26 acres and that the Assistant Director, Lands and Building Tax, Kota in his assessment order dated December 20, 1976 had valued the same at market rate of Rs.
