6 Indian Festivals Deemed Favorable for Buying a New Home

December 19, 2022 | Indextapadmin

Festivals bring happiness and cheer to our lives, thanks to the culture, colour, laughter, lights, tradition, and good food. But there is a lot more to this, as the festive season is also about discounts and exciting offers that entice real estate purchases during Indian festivals. Check out which festival is best for you to buy a home if you are looking for top available properties for buying in MMR or anywhere in India. Therefore, before buying a property why not check out the list of Indian festivals that are deemed favourable for buying a new home?

• Dussehra

Dussehra is regarded as an auspicious festival when it comes to purchasing a home or beginning a new project. One of the busiest shopping seasons of the year is around Dussehra. The majority of purchasers wish to take advantage of this opportune time by buying new products. Dussehra is a wonderful occasion to purchase real estate if you have been considering doing so.

• Diwali 

Diwali favourable for home buying and is thought to bring good fortune, and property is a safe investment with high returns. For this reason, this festival observes a rise in monetary flow. Almost every builder and real estate company offers significant discounts to attract customers.

• Dhanteras

Dhanteras is an Indian festival deemed to be favorable to purchase real estate as it is believed to enhance luck and guard against an untimely demise. Dhanteras is a Hindi word that refers to the 13th day of Krishna Paksha in the lunar month of Kartik. "Dhan" stands for wealth. The festival is held to welcome Maa Laxmi and Dhanvantari, the goddesses of wealth and health. Property is thought to be more auspicious for the occupants if purchased during Dhanteras.

• Makar Sakranti

Makar Sakranti is considered an auspicious day to buy new home. It's a festival of the Hindu god Surya, and people in Maharashtra celebrate it by exchanging sesame sweets. The event is well-known under a variety of names in several regions; in Punjab and Haryana, it is known as Lohri; in South India, it is known as Pongal, and in Bihar and Assam, it is known as Khichdi. In addition, they wait until Makar Sankranti to purchase a new house. Purchasing precious goods and making investments during the Makar Sankranti holiday season is a symbol of wealth because it is a fortunate day filled with joy and happiness.

• Gudi Padwa

As the first day of the New Year, the day represents fresh starts and hopes. In the southern states of Karnataka, Telangana, and Andhra Pradesh, Gudi Padwa is also known as Ugadi. This makes purchasing a new home during this time particularly auspicious in India.

• Durga Puja

These nine days, according to the lucky calendar, are the ideal time to begin or make a transaction. Because banks offer significant discounts on assets, purchasing a flat during Durga Puja becomes simple. In order to entice potential investors and build long-lasting relationships, they make a lot of offers.

In a nutshell, we can say that each festival mentioned above has some positivity and fortune to bring along. Thus, if you are planning to buy the best 2 BHK flats for sale Mumbai or anywhere in India, you can choose any festival that suits you the best, both financially and in terms of timing. Apart from this, you can also approach realtors to know the best time of the year to buy a home.

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