Core Insights - Japan's Sumitomo Realty and Development, the third-largest developer in the country, is planning to expand its operations in India with a unique strategy focused on managing apartments in Mumbai rather than selling them [1] Company Strategy - The company aims to concentrate its efforts on the Mumbai market, indicating a targeted approach to its expansion plans [1] - By managing apartments instead of selling them, Sumitomo Realty is adopting a different business model that may provide steady revenue streams and long-term investment opportunities [1]