Real estate along with information technology and financial sectors cornered nearly 52 per cent share in mergers and acquisitions (M&As) out of 68 deals during June and July.
A study by Assocham last year on the real estate scene in India indicated that the large Malayali and Punjabi NRIs are buying the houses of their liking. The study was based on the fact that Malyalis and Punjabis have migrated in hordes over the years. Some of them are also buying commercial space, it claimed.