The police have formed eight teams to track down the shooters involved in killing a real estate developer and attacking his brother in Ambernath town of Maharashtra's Thane district, police said on Saturday.

Builder Ganesh Ishwar Gunjal (30) was attacked by four persons over a financial dispute and his brother real estate developer Tushar Gunjal (32) who intervened during the scuffle was shot at on a main street in the town around 2 pm on Friday, an official said.