Dhanteras 2023: Is it ‘shubh’ to buy a house? What experts say

Dhanteras is celebrated as one of the most auspicious days and signifies success for any asset (Dhan) acquired or worshiped on this day. The festival is dedicated to the worship of Goddess Lakshmi, the embodiment of wealth and prosperity. Experts believe that buying a house on this day is like inviting the blessings of the goddess into the new residence, symbolizing wealth, well-being and good fortune.

“The notion of buying a home on Dhanteras is deeply woven into a rich tapestry of cultural, religious and practical significance,” said Anoop Kumar Bhargava, CEO and director of Empire Centrum.

The choice to invest in real estate on Dhanteras is in line with the concept of wealth accumulation and prudent financial planning. The act of buying a home on Dhanteras is like a well-thought-out financial decision that can underpin long-term financial stability, said Anoop Kumar Bhargava.

Buying a house on Dhanteras is considered particularly lucky, as it is a long-term commitment.

“Dhanteras is witnessing an increase in the number of property bookings, and developers are in high demand for their offerings. Therefore, real estate developers often choose this opportune time to launch new projects. To sweeten the deal for prospective buyers, developers often offer attractive offers and discounts on this special day, ensuring that customers can get the best possible deal while making property investments on Dhanteras,” said Rishabh Siroya, Founder of Siroya Corp.

“ Buying a home on Dhanteras is a profound testament to the belief that every brick laid on this auspicious day holds not only the promise of shelter but also the potential for abundant blessings and prosperity. It is an act of faith, a union of tradition and aspiration, where the echoes of generations affirm that buying a house on Dhanteras should be an investment in a lifetime of well-being and prosperity, making it a timeless tradition.” said Pratik Kataria, Director, Sainath Developers – The House of Kataria & Committee Member, NAREDCO Maharashtra.

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So, whether it is from a belief in divine blessings, a commitment to financial prudence, or an attachment to tradition, buying a home on Dhanteras is a practice that has meaning and significance.

Dhanteras will be observed on November 10 this year. The muhurat jam for Dhanteras puja will be from 5:47pm to 7:43pm this year. Goddess Lakshmi, Ganesha, Dhanvantri, and lord Kubera are worshipped.

Disclaimer: The opinions and recommendations made above are the opinions of individual analysts, and not those of Mint. We encourage investors to check with certified experts before making any investment decision.

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Updated: 07 November 2023, 02:27 PM IST

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