In India, it is widely believed that starting a new task on an auspicious day increases the chances of success. Similarly, purchasing a new house, car or any property during auspicious festivals brings fortune and prosperity. The dates for most Hindu festivals vary every year based on the Hindu calendar. Navratri 2023 began on October 15, 2023, and will conclude with Dussehra on October 24, 2023. Dussehra or Vijaya Dashami, which falls on the tenth day of the Ashwin month, is considered a highly auspicious day. The festival signifies the triumph of good over negative forces and marks new beginnings.
Dussehra is celebrated in many parts of the country based on their tradition and culture. Most people prefer to complete property-related transactions or start new investments on this day, which increases the prospects of good luck and prosperity.
Significance of Dussehra
The nine-day festival of Navratri starts after Pitrupaksha, a 16-day period when people perform Shradh and other rituals to seek the blessings of their ancestors. Navratri concludes with Dussehra, marking the beginning of the celebration of Diwali, which comes after 20 days. Dussehra is one of the auspicious festivals in India. According to Vastu experts, undertaking new projects or investments on Dussehra results in favourable consequences.
Why is Dusshera auspicious for property purchase?
Auspicious day
Dussehra is one of the auspicious days for starting new endeavours, such as booking an apartment or making transactions for a new house. Vastu experts believe that there is presence of abundant divine energy during the Navratri period. So, buying a new house will ensure a prosperous and harmonious life for the family.
Festive offers
The festive season is an ideal time for buying a new house due to various benefits and festive offers. First-time buyers can look for festive deals, which significantly lower their overall cost of property purchase. Most developers attract home buyers by offering discounts on property deals. So, as a buyer, you can explore these offers and negotiate for a successful deal.
Tax benefits
Property buyers can avail of tax benefits with their new property purchase. There are certain tax deductions on payments made towards a property. There are tax deductions for depreciation of property, property maintenance expenditure, interest paid on loans, insurance premiums, etc.
Financial stability
Further, most working professionals receive mid-year bonuses or increments during this festive season. The availability of additional funds makes this festive time ideal for a property purchase.
See also: Is the festive season the right time to invest in properties?
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