Calculate Building Depreciation Rates for Accurate Asset Valuation

Bajaj Finserv07 Mar, 2025Real Estate

Building depreciation rate determines how the value of a property decreases over time, impacting tax calculations and financial planning. In real estate, depreciation is applied based on the type of property—residential or commercial—and its lifespan as per tax laws. Understanding depreciation rates helps property owners claim deductions, optimize tax benefits, and assess asset valuation accurately. Whether you own a rental property or a commercial building, knowing the schedule can significantly impact your financial returns.