On the third day of the Hindu calendar's Vaishakh month occurs the festival of Akshaya Tritiya, considered one of the most auspicious days of the year. For Hindus, this is a day of enormous significance and an auspicious time for starting over and making financial commitments. Particularly on Akshaya Tritiya, real estate investments are thought to provide long-term financial progress and success.
The word 'Akshaya' signifies everlasting and 'Tritiya' means the third day. This is a great sign of a bright future full of prosperity and growth.
Mythology attributes a great deal of significance to this day. On Akshaya Tritiya, the first day of the Treta Yug, Lord Ved Vyas sat down to write the Mahabharata. Both the sun and the moon are at their brightest on this day, according to the Hindu calendar.
According to popular belief, the descent of the sacred river Ganga onto the Earth is said to have occurred on this auspicious day. Additionally, it is also believed that the sixth incarnation of Lord Vishnu, Lord Parasurama, was born on this day.
For doing Griha Pravesh pooja, Akshaya Tritiya is considered to be a very lucky day. Buying a new home on this day can also protect a family from evil spirits and provide good health and prosperity to the household. Apart from housewarming, many people choose to begin home renovation or new home construction projects on Akshaya Tritiya.
Event |
Date and Time |
Akshaya Tritiya |
10th May 2024 |
Best Time of Purchase |
4:17 AM, 10th May 2024 to 2:50 AM, 11th May 2024 |
Puja Muhurat Starts |
5:58 AM, 10th May 2024 |
Puja Muhurat Ends |
12:23 PM, 10th May 2024 |
Fasting and Charity:
Devotees honor Lord Vishnu by observing a day-long fast and engaging in acts of charity, such as distributing food, garments, and essential items to the underprivileged.
Incorporation of Tulsi Plant:
The Tulsi plant, beloved by Lord Vishnu, is integrated into various dishes prepared as offerings and shared as prasad among devotees.
Agricultural Festivities in Eastern Regions:
In eastern India, Akshaya Tritiya marks the beginning of the agricultural season's first plowing. Festivities ensue as farmers seek divine blessings for a prosperous harvest.
Halkhata Puja for Traders and Business Owners:
Traders and business owners perform a special puja called Halkhata at the start of the new fiscal year to invoke blessings from Lord Ganesha and Goddess Lakshmi for prosperity.
Investment in Gold and Silver Jewelry:
Many people invest in gold and silver jewelry on Akshaya Tritiya, believing it enhances their fortune and attracts wealth and abundance.
Sacred Dip in the Ganges:
Pilgrims take a sacred dip in the revered waters of the Ganges, leading to a surge in devotees at the ghats of Haridwar and Varanasi.
Importance in Jain Tradition:
Akshaya Tritiya holds significance for Jain followers, marking the end of a year-long penance or Tapasya for some, who conclude their fast with a refreshing drink of sugarcane juice.
Application of Sandalwood Paste to Idol of Lord Krishna:
Devotees apply sandalwood paste to the idol of Lord Krishna, believing it invites heavenly blessings and facilitates spiritual elevation.
These rituals reflect the diverse cultural and religious practices observed during Akshaya Tritiya across different regions of India.
Favorable Positions Of The Planets
According to Vedic astrology, Akshaya Tritiya is considered auspicious due to the favorable positions of celestial bodies such as the sun, moon, and other planets. These alignments create an atmosphere conducive to positivity and new beginnings. For individuals considering real estate investments, this alignment is believed to enhance the prospects of success and prosperity in their ventures. The alignment of planets during Akshaya Tritiya is said to amplify the positive energies associated with real estate transactions, making it an opportune time to initiate such endeavors.
Long-Term Benefits
Investing in real estate on Akshaya Tritiya is believed to yield not only immediate gains but also long-term benefits. Real estate investments typically appreciate in value over time, providing a source of stability and security for investors and their families. The auspicious nature of Akshaya Tritiya is thought to amplify the positive effects of such investments, potentially leading to significant financial gains and ensuring a prosperous future. This long-term perspective aligns with the concept of Akshaya Tritiya, which symbolizes eternal prosperity and abundance.
Positive Energy
Akshaya Tritiya is regarded as a time when positive energy flows abundantly. This surge of positivity is believed to have a profound impact on the atmosphere within a household, fostering an environment conducive to happiness, prosperity, and overall well-being. Many individuals believe that conducting significant activities such as purchasing or moving into a new home during Akshaya Tritiya can attract auspicious energies that bless the household with enduring positivity. This belief in the amplification of positive energy during Akshaya Tritiya encourages people to undertake important endeavors like real estate transactions on this auspicious day, with the hope of setting a foundation for a harmonious and prosperous future for themselves and their families.
Special Offers
Real estate developers and builders often capitalize on the auspicious occasion of Akshaya Tritiya by offering enticing deals and discounts to potential buyers. These special offers may include reduced prices, attractive financing options, or additional amenities and benefits bundled with the purchase of a property. By availing themselves of these special offers, buyers can potentially acquire real estate at a lower cost or with more favorable terms, making it easier and more affordable to realize their dream of owning a home. The availability of such incentives during Akshaya Tritiya further incentivizes individuals to consider real estate investments during this auspicious time, maximizing the benefits they can reap from their property transactions.
Mythological Significance
According to Hindu mythology, Akshaya Tritiya holds profound significance as the day when Lord Kubera, the celestial treasurer and god of wealth and prosperity, is believed to have received his divine blessings. Legend has it that Kubera, an ardent devotee of Lord Shiva, performed intense penance and devotion on Akshaya Tritiya to seek the favor of the gods. Pleased with his unwavering dedication and piety, Lord Shiva granted Kubera the position of the custodian of wealth and prosperity.
This mythological tale underscores the auspiciousness of Akshaya Tritiya as a time when divine blessings are abundant and aspirations are fulfilled. It is believed that any endeavors initiated on this day are blessed with enduring success and prosperity. Hence, Akshaya Tritiya is revered as an opportune occasion for embarking on significant ventures such as weddings, starting new businesses, or making investments, including those in real estate.
The association of Akshaya Tritiya with the divine acquisition of wealth by Lord Kubera reinforces its status as a day of limitless possibilities and boundless prosperity in Hindu tradition. Consequently, individuals seeking financial stability, abundance, and auspicious beginnings often choose to commemorate this sacred day through acts of devotion, charity, and important life decisions, including real estate investments, in hopes of invoking divine blessings and eternal prosperity.
To conclude, Akshaya Tritiya holds immense significance in Hindu culture, symbolizing auspicious beginnings, prosperity, and abundance. This auspicious day, occurring on the third day of the Vaishakh month in the Hindu calendar, is believed to be particularly favorable for real estate investments in 2024. The alignment of celestial bodies and the mythological associations surrounding Akshaya Tritiya create an atmosphere conducive to success and long-term benefits in property investments.
Furthermore, the surge of positive energy, special offers from developers, and the mythological significance of the day all contribute to making Akshaya Tritiya an ideal time for individuals to embark on real estate ventures. Whether it's purchasing a new home, performing Griha Pravesh pooja, or initiating renovation projects, the auspiciousness of Akshaya Tritiya is believed to bless such endeavors with prosperity, protection, and happiness for the household.
Therefore, for those considering property investments, Akshaya Tritiya 2024 presents a golden opportunity to lay the foundation for a secure and prosperous future, guided by divine blessings and auspicious energies. By leveraging the favorable conditions and traditions associated with this sacred day, individuals can make informed decisions and embark on their real estate journey with confidence.