In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
