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Evaluate the appropriate basis for just compensation in a scenario where a property's value is expected to rise significantly due to an upcoming urban development

Evaluate the appropriate basis for just compensation in a scenario where a property's value is expected to rise significantly due to an upcoming urban development project:
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The expected future value post-development.
The market value at the time of government acquisition.
A median value between current and expected future value.
The historical value of the property.

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