TOKYO — Sumitomo Realty & Development plans to build two new office buildings in a prime location of India’s commercial capital of Mumbai, Nikkei has learned, upping its bet on the fast-growing nation’s property market.
With the new projects, Sumitomo Realty will be developing a total of five buildings in India, with its total investment there rising to an estimated 1 trillion yen ($6.9 billion).
