The two new teams will become part of IPL in the 2011 edition. The franchises will be valid for 10 years.The IPL sure has come a long way in a short time, with the Sahara group on Sunday bidding Rs 1,702 crore for Pune and Rendezvous Sports World forking out Rs 1,533 crore for Kochi.
Sahara topped with a $370-million (Rs 1,702 crore) bid for a clutch of cities which included Ahmedabad, Nagpur or Pune. Eventually, the Subrata Roy-controlled group opted for Pune
- Rendezvous group and Sahara group in IPL2011.
- From 2011, IPL will become a 10-team league featuring 94 games.
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