Mumbai University > CIVIL > Sem 7 > Quantity survey Estimation and valuation

Marks: 5 M

Year: May 2014, Dec 2013

Depreciation:

1. This is a physical loss in the value of property due to its use, life, wear $ tear, decay, etc.
2. Depreciation depends on its original condition, Quality of maintenance and mode of use.
3. This is variable according to the age of the property. More the age, more will be …