JUDGMENT :

Abhay S. Oka, J.

FACTUAL ASPECTS

1. The dispute involved in this appeal is about the determination of the market value of a property at Allahabad purchased by the appellants under a registered sale deed dated 29th November 2010 (the sale deed) from Hari Mohan Das Tandon (the vendor). The property has been described in the Schedule to the sale deed which reads thus:

“SCHEDULE OF THE PROPERTY”

Part Portion of Free Hold Site No. 49 Civil Station, Allahabad of which Nagar Nigam No. is 19 Old, 77/29 New, and 19A Old 79/31 New, Lal Bahadur Shastri Marg (Elgin Road), Allahabad measuring 7818.00 sq.mts. land alongwith construction and super structure standing thereon shown in Red Colour in the annexed map and bounded as under:-

BOUNDARIES

East : Part Portion of Freehold Site No. 49 Civil Station, Allahabad, facing Strachey Road which has been released in the favour of the Sellers1st Party as per the compromise.

West : Site No. 50 Civil Station, Allahabad

North : Elgin Road (Lal Bahadur Shastri Marg)

South : Site No. 30 Civil Station, Allahabad”

This property is hereinafter referred t