Residential real estate - Latest News Update, Information, Photos & Videos on Residential real estate at Lokmat Times

New Delhi, Jan 20 The upcoming Union Budget will be tracked for announcements in self-liquidating temporary personal job/income supporting measures to boost private consumption in the immediate future.Some measures to support the rural economy, amid its weakening and the impending state elections, and any measures to revive the Residential Real Estate sector would be welcome, Motilal Oswal Financial Services said in a report.Following a robust 30 per cent growth in FY22E, total receipts are expected to grow 13.4 per cent YoY in FY23E, assuming a gross tax buoyancy of 1.1x, similar to that in the pre-Covid period. If total spending rises by 9 per cent in FY23E, the gross fiscal deficit of the Centre would be Rs 15.4 trillion, or 6 per cent of GDP, the report said.The capex target for FY23 will be based on how well the same was achieved in FY22. If the FY22 (revised) target is met, the capex growth target for FY23E could be 10 per cent, or 2.6 per cent of GDP. In contrast, if there is a shortfall of Rs 800 billion in FY22E, as per our expectations, the FY23E capex growth target could be 20 per cent. In any case, as noted earlier, the Center's capex is 7 per cent of total investments in the country, reflecting its limited role in reviving the investment cycle in the economy.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Residential Real EstateFOLLOW

Residential real estate, Latest News

Business :Housing trends to watch out for in 2022

August 24: The sector of Real Estate, which has been in its periodic declivity since 2013, went through its most ... ...

International :Job and income supporting measures to be watched in Union Budget

New Delhi, Jan 20 The upcoming Union Budget will be tracked for announcements in self-liquidating temporary personal job/income ... ...