Role of Foreign Direct Investment in the Development of  Real Estate and Allied Sectors in India: A Study with a Focus  on Kerala State

Nasar. K. K.; Dr. Manoj.  P. K.

Volume : II, Issue : VIII, August - 2013

Role of Foreign Direct Investment in the Development of Real Estate and Allied Sectors in India: A Study with a Focus on Kerala State

Nasar. K. K. , Dr. Manoj. P. K.

Abstract :

Foreign Direct Investment (FDI) is a non–debt financial resource and one of the vital growth drivers to faster economic development of India. The sectors that offer high growth prospects in India through FDI include residential and commercial complexes, townships, Information technology parks (IT parks), hotels & resorts, hospitals, tourism–related developments, educational institutions, special economic zones (SEZs) etc. For an emerging economy like India, its attractiveness as a preferred FDI destination would have long lasting consequences on its future growth. This paper seeks to study the flow of FDI in India, its employment generation potential, and the development of allied sectors of real estate sector