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Ace striker Runwal Group, under the leadership of Director Subodh Runwal,has offered the highest bid of Rs 1,000 crore to Crompton Greaves for its 25 acre in Mumbai.

Ahmedabad's real estate industry is pinning hopes on a new development plan (DP) for the city. The sector is expecting the Ahmedabad Urban Development Authority (Auda) to announce the plan very soon. The deadline to announce the development plan is February 17.

The new plan involved Ahmedabad city and 69 villages under the urban development authority. Ahmedabad is probably the only city in the state with zoning restrictions which are announced as part of the development plan.

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