Commercial Office rates falls 10% in Rajarhat Kolkata

There seems to be fewer takers of office spaces in upcoming IT hub Rajarhat, Kolkata. The global slowdown has been impacting Indian IT companies and is clearly visible from the fact that office rates in the Rajarhat area had fallen as high as 10 percent in the first quarter of current fiscal year compared to the fourth quarter of last fiscal. 

The price trend tracked by MagicBricks for the area is shown below.

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