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Business News/ Money / Personal Finance/  Dhanteras 2023: Is it 'shubh' to buy a house? What experts say

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

Buying a house on Dhanteras is believed to bring wealth and well-being. Real estate developers offer attractive deals and discounts to buyers on this day.

Buying a house on Dhanteras is considered especially lucky, as it represents a long-term commitment. (Mint)Premium
Buying a house on Dhanteras is considered especially lucky, as it represents a long-term commitment. (Mint)

Dhanteras is celebrated as one of the most auspicious days and signifies that any asset (Dhan) acquired or worshipped on this day is destined to flourish. 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 akin to inviting the blessings of the goddess into the new abode, symbolising ushering in wealth, well-being, and good fortune.

“The notion of purchasing a house on Dhanteras is deeply ingrained in 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 aligns with the concept of wealth accumulation and prudent financial planning. The act of buying a house on Dhanteras is akin to a well-considered financial decision with the potential to underpin long-term financial stability, added Anoop Kumar Bhargava.

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

“Dhanteras sees a surge in property bookings, with developers experiencing a high demand for their offerings. Consequently, real estate developers often choose this opportune time to launch new projects. To sweeten the deal for potential buyers, developers frequently roll out attractive offers and discounts on this special day, ensuring that customers can secure the best possible deal when making property investments on Dhanteras," said Rishabh Siroya, Founder of Siroya Corp.

Also Read: Planning to buy gold this Diwali? These three tips will help you save money

“ Purchasing a home on Dhanteras is a profound testament to the belief that each brick laid on this auspicious day holds not just the promise of shelter but 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 to purchase a home on Dhanteras is to invest in a lifetime of well-being and prosperity, thus making it a cherished and timeless tradition," said Pratik Kataria, Director, Sainath Developers - The House of Kataria & Committee Member, NAREDCO Maharashtra.

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Thus, whether from a belief in divine blessings, a commitment to financial prudence, or a connection to tradition, buying a house on Dhanteras is a practice steeped in meaning and significance.

Dhanteras 2023 date, pooja shubh muhurat timings

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

Disclaimer: The views and recommendations made above are those of individual analysts, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

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Sangeeta Ojha
A business media enthusiast. Writes on personal finance, business and banking.
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Published: 07 Nov 2023, 02:27 PM IST
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