Why Buying a Property During Dussehra is Auspicious?

Buying-a-House-on-Dusshera

In India, picking the right and auspicious dates is crucial, particularly before making a huge decision or before making a big move. One of a person’s most significant decisions is whether or not to buy a property. It results from years of effort, sacrifice, and countless hours of labour. According to the Hindu calendar, the month of Ashvin is wonderful for fortifying long-term commitments; therefore, now is the ideal time to consider buying real estate for Dussehra.

India is known for its diversity of religions, rituals, and beliefs that accompany it. A secular state predominantly Hindu, approximately 80% of citizens of India identify as Hindus. As a Hindu holiday, the festival of Dussehra commemorates Lord Ram’s win over the Demon King, Ravana, and the glorious victory of good over evil. Thus it is believed that triumph will translate into opportune beginnings and bless people with good luck. 

Why do we Celebrate Dussehra?

Dussehra, which commemorates the triumph of good over evil, is observed on the tenth day of Ashvina (Sept-Oct), the 7th month of the calendar followed by Hindus, at the time of the full moon, often known as the “bright fortnight” (shukla paksha). The nine-day Navratri festival ends on Dussehra, which also falls on the 10th day of the Durga Puja holiday. Many people start getting ready for Diwali, 20 days following Dussehra. 

The festival of Dussehra celebrates Lord Rama’s victory over Ravana, the ten-headed demon king who kidnapped Rama’s wife, Sita, a Vishnu avatar.

Significance of Dussehra

Dussehra is often regarded as one of the most fortunate days for starting a new enterprise or an event. Bookings for apartments typically begin around this time and last through Diwali.

People wait until Pitrupaksha, a 16-day period during which they perform shradh for their ancestors, is through before making any decisions regarding investments or the purchase of the real estate. Even though Dussehra appears to present an opportunity, many homebuyers also think it brings luck and success.

The following are justifications supported by beliefs for considering new investments in Dussehra:

  • Because it represents fresh starts, Dussehra (also known as Vijayadashmi) is a lucky day.
  • It is thought to bring in “Vijay,” or victory; therefore, making a new investment by buying property or launching a new business is regarded as advantageous as riches and happiness are likely to develop if any long-term acquisition is made the day.
  • Because new projects and investments launched on this lucky day are believed to produce favourable and positive consequences, it is regarded as sacred. 
  • House purchasers receive special offers.

The purchase is driven by the joyful positive associated with happiness. It is the primary impetus for the investment. Every year, Dussehra inspires hopes for the next endeavours and goals by bringing many people’s dreams of new homes to life.

Why do People Believe that Dusshera is Auspicious of Property Purchase?

The festival of Dussehra is quickly approaching, and the joy of spending time with loved ones while enjoying sweets and banquets also brings the excitement of important purchases.

The holiday of Dussehra promotes the purchase of property, new business ventures, and other investments. Purchases made on a prosperous day, such as Dussehra, are thought to boost the buyer’s trust and produce a successful investment. Similarly, beginning a new task on a special day increases the likelihood of success and prosperity.

According to rumours, many people wait until the Dussehra festival arrives in India to launch a new business or make an investment. Every year, property bookings increase around the time of Dussehra.

Investing in Property & Prosperity

Aspects like proactive client engagement, building quality on the project status, and timely project developments are increasingly becoming key decision considerations in the home-purchasing environment. Because Dussehra is regarded as a lucky festival and significant for buying property, there is undoubtedly a growth in demand and related businesses. Buyers are drawn to a property’s location, the cutting-edge amenities supplied, and elements like current and future infrastructure, transportation connectivity, etc., on top of the different festive offers and bonuses. Around festival time, property selling values increase due to the various festive benefits and perks provided.

For increased valuation and lower monthly expenses, buyers must also consider that older residence are now available for sale in the locality. Customer liking for developers who have an excellent track record of delivery in the past, integrity, and financial stability is an important emerging trend.

Check Out the Best Properties to Buy in Various Cities in India this Festive Season

Property in Mumbai Property in Delhi Property in Noida Property in Gurgaon Property in Pune
Property in Bangalore Property in Hyderabad Property in Meerut Property in Lucknow Property in Chennai
Property in Kolkata Property in Faridabad Property in Goa Property in Chandigarh Property in Thane

Offers Made around Dussehra

Around the occasion of Dussehra, a variety of offers are typically presented. Rents that are guaranteed, buy-back options with alluring interest in the event of cancellations, mortgage loan interest subsidies, deferred payment plans, all-inclusive pricing that covers amenities, parking, and clubs, price reductions for floor rises, payment of registration fees or other statutory costs, or both, and gifts like trips, cars, bicycles, or gold coins are all possibilities. These are only a small number of the enormous number.

For first-time buyers, during such festive deals, most plans and offers often tend to lower the overall cost or provide a benefit of 5 to 10% of the total purchase. While it’s important to consider the advantages these holiday discounts and offers offer, it’s even more important not to decide to purchase only them.

A Requirement for Diligence

Experts advise that Dussehra is the time to start your research if you plan to invest because developers typically offer many deals over the holiday season. However, one should conduct the right financial research before deciding on such alluring offers.

Real estate is a costly investment that thorough market analysis should support. Offers shouldn’t be the foundation for deciding how to spend your life’s savings on a project. The house you are purchasing should be an investment.

Conclusion

Investing during Dussehra is predominantly motivated by the good associations and sentiments connected to the transaction. Every year, Dussehra fulfils the hopes of brand-new homeowners.

FAQ’s about Buy Property in Dussehra

Q1. Can we buy the property during Dussehra?

Yes, we can buy property on any given day of the year and buying property on auspicious days like Dussehra and Diwali is always considered very auspicious.

Q2. Is it a good time to buy property in Dussehra 2022?

Yes, it is a good and auspicious time to buy property on the fortunate occasion of Dussehra.

Meghna Chakraborty Definitely, on the spectrum of being socially awkward, Meghna prefers to write over, clumsily explain what she wants to say! No matter how much she says she likes you, if you have a dog, she'll probably like your dog better.... A couch potato, she chills harder than you party! She's also a very proud Hufflepuff!
  • Super Quick & Easy
  • Stamped & E-Signed
  • Delivered Directly in Mailbox
Rent-Agreement

Exploring Options for Buying or Renting Property

Looking to buy or rent property
Related Category
Contact Our Real Estate Experts