State sees quantum leap in property registrations post Covid-19

Registrar-cum-Head of Notary Services says all the pending registrations during pandemic were affected, but will peak during November-December

Team Herald

PANJIM: Property registrations in the State have seen a quantum leap post Covid-19 pandemic. The State Registrar-cum-Head of Notary Services is witnessing huge increase in numbers of property registrations.

To put the quantum jump in perspective, the Registration Department had registered almost 13,247 properties already with five more months of year-end 2022-2023 remaining. The department had earned Rs 289.32 crore during the year 2021-2022. The department has already clocked revenue of Rs 287.09 crore till October 8 this year.

The 12 Sub-Offices and two District Offices of the Registration Department have registered 13,247 properties till October 8, 2022, as compared to 19,461 properties registered during entire previous registration year. Bardez Taluka, like every year, topped to become the highest revenue earner for the department and the State.

State Registrar-cum-Head of Notary Services Ashutosh Apte while speaking to Herald informed that the registrations will peak during the months ahead of November till year end. “The registrations will go well above 26,000 come March 2023,” he said. 

When asked regarding the quantum jump in the registrations, Apte said that all the pending registrations during Covid-19 pandemic were affected by the people post lockdown and relaxation of restrictions.

However, looking at the trend of property registrations in the State, it is evident that the main revenue earner for the department is the spurt in property registrations.

Share This Article