Mumbai, Dec 14 (FN Bureau) The real estate and home improvement sectors will benefit from both primary and secondary market demand in the calendar year 2023, opined experts on Wednesday The government plans to sharpen its focus on infrastructure growth in the coming Union Budget by allocating 30 per cent more funds for the Roads Ministry to speed up construction to more than 50 km of highways daily, said Nilesh Shah, Harish Krishnan and Deepak Agrawal, said in their speeches at the event organised by Kotak Mahindra Asset Management Company while discussing the outlook for 2023.
The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore (USD 2.1 billion) in the sector in November amid strong credit growth and a manageable non-performing loan portfolio, the speakers added in a release issued here.