pune the number of property registrations in the state has slowed down to 124 lakh from december 118 as against more than 15 lakh in the first 18 days of previous months this financial year officials attributed the trend to waitandwatch policy being adopted by homebuyers who are waiting for announcements of sops next yearproperty registration department officials said the fullmonth registrations this december might not surpass the prepandemic level achieved for the same month in 2019 at 239 lakhthe property registrations have been slow this december so far citizens are probably in a waitandwatch mode expecting the current state government to announce housing sops next year a senior official from the registration department saidbarring august and october this financial year all other months saw more than 2 lakh registrations data available with the department showed though there is slow down in registrations in december so far revenue collection has remained steady from april to middecember the state has earned a revenue of rs 2733555 crore from property registrations which is 8542 of the target of rs 32000 crore for the entire fiscal another official from the department saidcredai national vicepresident shantilal kataria said people were opting to travel than registering property amid a drastic drop in covid cases the buoyancy remains in the real estate market citizens are waiting and register in the new year which is a normal trend he saidagreeing it professional kedar shinde said he was going out of station on a family vacation and would register the property next year it is always better to invest in the new year rather than towards the fagend of the year he saidreal estate experts confirmed that the market was buoyant anarock chairman anuj puri said the dip in registrations has little to do with the fall in demand as the marked continued to remain strong there is still strong demand for the properties in the mid and premium price segments despite high interest rates and overall inflation while midrange and premium housing saw little impact people in the affordable housing segment have felt it more he said