JUDGMENT

S.B. Sinha, J.-Writ Petitioners are the appellants herein. They are aggrieved by and dissatisfied with the judgment and order dated 31.07.2001 passed by the Bombay High Court in Writ Petition No. 1631 of 1995, dismissing their Writ Petition.

2. A plot of land being C.S. No. 820, Survey No. 115A admeasuring 5476.45 sq. metres originally belonged to one Gokuldas Jeevraj Dayal. By reason of a consent decree passed by the Bombay High Court on 30th March, 1982, the said land vested in the appellants herein. It formed a part of R- Ward wherefor a draft Development Plan was published by the Bombay Municipal Corporation (Corporation) on 18th September, 1958. A 100 feet wide Development Plan road was proposed to be constructed and admittedly the said land was shown to be affected in the draft Development Plan which came into force on or about 1st November, 1965 being sanctioned. A Town Planning Scheme being No. III of R-Ward came into being in the year 1961 upon a declaration made in this behalf by the Corporation. A draft Scheme was published on 17th July, 1976 wherein the plot as referred to hereinbefore was given a new number being original plot No. 433. With a view to give eff