IDEAS home Printed from https://ideas.repec.org/a/aii/ijcmss/v5y2014i1(1)p55-66.html
   My bibliography  Save this article

FDI and Growth of Economy – With Reference to Realty Sector in India

Author

Listed:
  • Dr. B. Nagaraju

    (Associate Professor, DoSin Commerce, University of Mysore, Mysore, India.)

  • Chethan

    (UGC–JRF–Research Scholar, DoSin Commerce, University of Mysore, Mysore, India.)

Abstract

In India after agriculture, the real estate sector is the second largest industry and it is asserted to be the most promising sector even today. The real estate market in India mostly continues to remain unorganized, fairly fragmented, mostly characterized by small players with local presence. Indian real estate has huge potential demand in almost every sector especially commercial, residential, retail, and industrial, hospitality, and healthcare etc. More emphasis was laid on FDIs in real estate only from 2005. Secondary data has been used for the study. The FDI inflow data from 2002-2013has been considered. This data is used to assess the impact of FDI’s in India and economic growth achieved through FDI flows. This paper aims at analyzing the flow of FDIs in realty sector in India and the impact of GDP along with the RBI initiations for attracting more FDIs into the realty sector. It is observed that FDI inflows into several sectors into India are devoid of the declining GDP growth rate which includes the Realty sector also. The impact on economic growth by the Government and FDI intervention, and certain efforts in Realty has in fact helped the economy grow and vice versa.

Suggested Citation

  • Dr. B. Nagaraju & Chethan, 2014. "FDI and Growth of Economy – With Reference to Realty Sector in India," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 5(1(1)), pages 55-66, January.
    • Handle: RePEc:aii:ijcmss:v:5:y:2014:i:1(1):p:55-66
    as

    Download full text from publisher

    File URL: http://scholarshub.net/index.php/ijcms/article/view/234/227
    Download Restriction: no
    File URL: http://scholarshub.net/index.php/ijcms/article/view/234
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2012. "Global Economic Prospects, January 2012 [Perspectivas económicas mundiales : incertidumbre y vulnerabilidad - Resumen ejecutivo]," World Bank Publications - Books, The World Bank Group, number 12105.
    2. Sanjay Rajagopal & Patrick Hays, 2012. "Return Persistence in the Indian Real Estate Market," International Real Estate Review, Global Social Science Institute, vol. 15(3), pages 283-305.
    3. World Bank, 2012. "Global Economic Prospects, June 2012 [Perspectivas económicas mundiales: gestionar el crecimiento en un mundo volátil - Resumen ejecutivo (Vol. 1)]," World Bank Publications - Books, The World Bank Group, number 12106.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Harun ÅžeÅŸen & Mark Pruett, 2014. "The Impact of Education, Economy and Culture on Entrepreneurial Motives, Barriers and Intentions: A Comparative Study of the United States and Turkey," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 23(2), pages 231-261, September.
    2. Alice N. Sindzingre, 2015. "Whatever Inconsistencies and Effects? Explaining the Resilience of the Policy Reforms Applied to Developing Countries," Forum for Social Economics, Taylor & Francis Journals, vol. 44(2), pages 159-178, August.
    3. Ayelazuno, Jasper, 2014. "Oil wealth and the well-being of the subaltern classes in Sub-Saharan Africa: A critical analysis of the resource curse in Ghana," Resources Policy, Elsevier, vol. 40(C), pages 66-73.
    4. Opoku, Eric Evans Osei & Boachie, Micheal Kofi, 2020. "The environmental impact of industrialization and foreign direct investment," Energy Policy, Elsevier, vol. 137(C).
    5. Martin Ravallion, 2013. "How Long Will It Take to Lift One Billion People Out of Poverty?," The World Bank Research Observer, World Bank, vol. 28(2), pages 139-158, August.
    6. Sharma, Vijay Paul, 2012. "Dismantling Fertilizer Subsidies in India: Some Issues and Concerns for Farm Sector Growth," IIMA Working Papers WP2012-09-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    7. Zenebe, Addisalem & Peterson, E. Wesley F., 2013. "The Impact of the African Growth and Opportunity Act (AGOA): An Empirical Analysis of Sub-Saharan African Agricultural Exports," Cornhusker Economics 306810, University of Nebraska-Lincoln, Department of Agricultural Economics.
    8. Ravallion, Martin, 2012. "Benchmarking global poverty reduction," Policy Research Working Paper Series 6205, The World Bank.
    9. Justin Yifu Lin & Doerte Doemeland, 2012. "Beyond Keynesianism: Global Infrastructure Investments In Times Of Crisis," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(03), pages 1-29.
    10. Justin Yifu Lin & Yan Wang, 2016. "Special Section: China's Growing Trade and its Role to the World Economy," Pacific Economic Review, Wiley Blackwell, vol. 21(1), pages 102-117, February.
    11. Olajide Oladipo, 2013. "Does foreign direct investment cause long run economic growth? Evidence from the Latin American and the Caribbean countries," International Economics and Economic Policy, Springer, vol. 10(4), pages 569-582, December.
    12. Nlandu Mamingi & Patrice Borda, 2015. "The Determinants of Economic Growth in The Countries of the Organization of the Eastern Caribbean States [Croissance économique-Econométrie ARDL]," Post-Print hal-02532219, HAL.
    13. Paul Shrivastava & Silvester Ivanaj & Sybil Persson, 2013. "Transdisciplinary Study of Sustainable Enterprise," Business Strategy and the Environment, Wiley Blackwell, vol. 22(4), pages 230-244, May.
    14. Lin, Justin Yifu & Fardoust, Shahrokh & Rosenblatt, David, 2012. "Reform of the international monetary system : a jagged history and uncertain prospects," Policy Research Working Paper Series 6070, The World Bank.
    15. Sanjay Rajagopal, 2012. "A Study of the Returns Behavior of Small Capitalization REITs," Journal of Economics and Behavioral Studies, AMH International, vol. 4(8), pages 457-466.
    16. Ivan Siqueira, 2012. "Education and Learning in the 21st Century: An Emergency Agenda for Sustainable Development," Journal of Education and Vocational Research, AMH International, vol. 3(10), pages 313-318.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aii:ijcmss:v:5:y:2014:i:1(1):p:55-66. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mr. Asif Anjum (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.