On the Sunny side,
The registry amount isn't that big at all. So, once the 'pre-possession' exits are over, there won't be any desperate sellers in the market just because they have to pay for the registry.
So, another month or so, and the desperate/no other option sellers will all be out of the market.
I am, also, coming to the conclusion that possibly 50-70 plots of the most needy sellers would have already been sold by now, at rates of 78-85K. So, the new 50-70 owners, who have bought at 78-85K would possibly look to exit only after prices touch 125K or so and that should certainly drive price expectations upwards as well as reduce 'for sale' inventory
This is great news, possibly for the domestic Indian economy? Perhaps, this means fewer cheap low-quality Chinese lights during the Diwali season - providing a boost to local Indian manufacturing SMEs ?