According to experts, with polls around the corner, most people are holding on to properties. Representation pic

Demonetisation has impacted every sector of the economy so it is only fair that the stamp duty and registration office — one of the major revenue generators for the state exchequer — also finds itself in some dire straits. Before the bombshell policy decision, the whopping target set for this financial year was Rs 23,548 crore as compared to last year’s collection of Rs 21,767 crore. But with less than three months in hand, the department is far from its goal as it has so far only collected Rs 14,869 crore (April to December 31), with Rs 8,679 crore nowhere in sight. Add to that the prospect of election in February, and the goal is near impossible.