general boom in the economythe expected average returns from the chennai market would be in the range of 1015 per cent over the next two years said the studyeven kolkata the capital of communistruled west bengal has come out of its shell and is seeing a lot of high quality development the city is also the preferred list of it firms due to its conservative nature and low cost of living it saidmore than 25 large size it companies have expanded into the kolkata region the expected rate of return in kolkata should be an average of 1217 per cent per year for the next couple of years the study saidthe hyderabad market has stabilised in value due to lack of investment activity this trend should continue for 2005 keeping in view the change in government said the studythe demand however has been steady for large spaces particularly suite and campus type complexes from the itenabled services segment and research and development industryoverall the capital values and rental rates would be steady and the expected rate of return on capital would be between 10 and 14 per cent