Table of Contents
- Holi Date in 2024
- Holika Dahan Timings - 2024
- Why is Holi Celebrated?
- Why is Holi A Good Time to Invest in a New Home?
- Inauspicious Days To Do Griha Pravesh During Holi
- Why are ceremonies not performed during Holashtak?
- Conclusion
- Faq's
We are less than a week away from Holi in 2024, and home buyers around the country are eagerly anticipating the festivities. Being the second most important festival for Hindus and also being the month in which Mata Lakshmi was born, many decide to commemorate the day by buying a home as it is considered one of the most important purchases in the lifetime of a person.
Hence, if you have been saving up for your ideal home and you are prepared to begin your homebuying chapter in your life, this article will help you explore the reasons why Holi 2024 is an opportune moment to invest or buy a home, highlighting the auspicious dates before and after Holi, along with timings for property registration during this auspicious festival.
Holi Date in 2024
The date for Holi in 2024 is 25th March while Holika Dahan, which is celebrated a day before Holi, will take place on March 24th.
Holika Dahan Timings - 2024
The auspicious timings for Holika Dahan celebrated on 24th March in 2024 are as follows:
According to astrologer Pandit Manohar Acharya, Holika Dahan will take place on March 24th at night, with the right time for performing the ritual starting after 10:35 pm
Gurudev Shrie Kashyap mentions that the auspicious time for Holika Dahan is from 11:13 pm to 12:32 am
As per the Hindu panchang, Holika Dahan should be performed during Bhadra Rahitakal on the day of Pradosh Vyapini Phalgun Purnima. The auspicious time for Holika Dahan is from 11:13 pm to 12:32 am
The highly auspicious time for Holika Dahan is from 7:19 pm to 9:37 pm according to the Hindu calendar
Why is Holi Celebrated?
The core values of Holi, which are celebrated for a variety of reasons, are those of inclusivity and harmony. The Hindu festival of Holi is a celebration of life's more profound aspects, including the joy that comes from having supportive friends, the triumph of good over evil, the release of positive feelings, and the victorious overcoming of unfavourable characteristics, disagreements, and grudges.
Why is Holi A Good Time to Invest in a New Home?
Marks the beginning of New Things
The festival of Holi is believed to bring new beginnings and prosperity. In 2024, Holi coincides with a favorable astrological alignment, making it an auspicious time for significant life events like buying a home. The positive energy of the festival and symbol of renewal align with the idea of starting a new chapter in the life of a person through property acquisition.
Offers and New Inventories by Developers
If we keep aside religious and spiritual beliefs, another reason to buy a home during Holi is that the real estate industry offers great deals during the Holi season, including no EMI until possession, free registration and stamp duty, and so on. Instead of lowering the price that is charged per square foot, builders would typically provide prospective purchasers with rebates and other perks.
When it comes to first-time home buyers, the majority of programs and offers that are made available during the festive season will typically either lower the total cost of the purchase or provide a benefit that ranges from 5 to 10 percent of the entire transaction.
Holi is a time when many developers start new projects or announce the completion of current ones. The result is a larger pool of available inventory, which gives purchasers more choices. The increased availability around Holi means there is something for everyone, whether you are looking for a large family home, a fashionable apartment, or an investment property.
Favorable Market Conditions For Buying a Home in 2024
In 2024, the real estate market offers favorable conditions for prospective homebuyers. Economic factors, such as low mortgage rates and stable property prices, could make this an opportune time to invest in real estate.
So, if you are buying your own home for the first time, this is the best opportunity to get in and make your dream home purchase
Also Read: The Influence of House Number 7 in Numerology: Benefits; Home Decor
Inauspicious Days To Do Griha Pravesh During Holi
The eight days before Holi is called Holashtak and it has been said that the period of this 8 days is considered inauspicious to conduct any ceremonies. In the context of a new home, Grihav Pravesh is a ceremony which in hindu culture is performed, before you start residing in a new home.
However, please note that buying a new home i.e starting the homebuying process which involves paper work and finalisation is not a ceremony therefore can be easily done during these 8 days. As a homebuyer it is wiser to take advantage of the many offers that developers usually offer during holi.
Once the day of holi is over, you can do Griha Pravesh as per your wish. Also, holi falls in the month of Falgun, which is considered one of the best months to do Griha Pravesh as per Vastu Shastra.
Also Read: Griha Pravesh Dates 2024: Best Month-Wise Muhurats
Why are ceremonies not performed during Holashtak?
Ceremonies are not performed during Holashtak due to the inauspicious nature of this period. Holashtak, a period of eight days, leading up to the Holi celebration, is considered unfavorable for auspicious activities like marriages, engagements, naming ceremonies, housewarmings, and other religious rituals. This belief stems from the story of King Hiranyakashipu tormenting his son Prahlad during these eight days, leading to the avoidance of auspicious activities during this time. Additionally, the legend of the demise of Kamadeva and the revival by Lord Shiva during this period further reinforces the notion of refraining from ceremonies and significant events.
Start Date of Holashtak in 2024: 17th March 2024
End Date of Holashtak in 2024: 24th March 2024
Conclusion
In conclusion, Holi 2024 presents a unique opportunity for homebuyers to invest in their dream homes. The festival of colors not only signifies new beginnings and prosperity but also aligns with favorable market conditions and offers by developers. Despite the inauspicious period of Holashtak leading up to Holi, which discourages ceremonies and auspicious activities, the act of purchasing a home during this time is not considered a ceremony and can be advantageous due to the festive season offers and increased inventory availability.
As the real estate market offers stable prices and low mortgage rates in 2024, coupled with the festive season perks, Holi becomes an auspicious time to embark on the journey of homeownership. By taking advantage of the favorable market conditions and offers available during this festive period, prospective homebuyers can make significant strides toward acquiring their ideal homes. So, if you have been contemplating buying a home, Holi 2024 might just be the perfect time to turn your homeownership dreams into reality.
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