The occasion of Akshaya Tritiya 2023, which falls on April 22nd this year, is considered auspicious for both existing and new property owners. This day holds great significance for those looking to buy new properties such as homes, land, gold, or cars, as it is believed that purchases made during this time will appreciate and bring prosperity to the buyer. Therefore, Akshay Tritiya is considered one of the best times of the year to make such investments. This day is also considered lucky for housewarming ceremonies, so sentiments in the residential real estate sector are usually high during this period of the year.
On this auspicious day, potential buyers can take advantage of the amazing offers presented by both the gold market and the lucrative 2023 real estate market. Akshaya Tritiya has great significance in Hindu mythology, as it marks the beginning of the Treta Yug and the commencement of the writing of the Mahabharata by Lord Ved Vyas. According to the Hindu calendar, this day is when the sun and moon shine brightest. Additionally, it is Lord Parasurama’s birthday, who is the sixth incarnation of Lord Vishnu, and it is believed that the holy river Ganga descended on Earth on this day. Consequently, this day is of great importance. Moreover, purchasing a new home on this day is said to safeguard the family from malevolent spirits and bring about health and prosperity.
Home buying compared to gold buying can have several advantages. Investors are facing challenges due to the global economy’s turbulence caused by the Covid-19 pandemic and record-high inflation, affecting traditional assets’ performance. In such a scenario, tangible, inflation-resistant assets like gold and real estate can help lift investment portfolios. However, choosing the better investment between the two depends on various factors like investment objectives and time horizon. The primary objective of purchasing gold is not to increase your wealth, but to maintain it. Gold is not a means of generating income like stocks or real estate. Therefore, selling your gold at a profit is the only way to make a return on your investment, which can only happen when its value increases.
Real estate investments stand out from other options as they offer consistent returns, capital appreciation, and exemption from property tax. Additionally, real estate investments serve as an effective tool to hedge against inflation and generate healthy returns, as property prices and rents move in tandem with inflation.
Real estate can offer monthly passive income, while gold offers higher liquidity but is more volatile.
However, it is important to note that every investment carries some levels of risk, so here are some home buying tips and advice you consider before investing in this Akshay Tritiya.
Start a new chapter in your life this Akshay Tritiya by investing in a new home with Pharande Builders and take advantage of this best time to invest in property. Celebrate this auspicious occasion by investing in one of the exceptional properties that offer a perfect blend of luxury, comfort, and affordability.
Pharande Builders, a renowned real estate company and a pioneer in the PCMC area, has been delivering luxurious new projects in Pimpri Chinchwad with a commitment to providing their customers with exceptional quality and excellence.
Our commitment to progress, comfort, and elevated living has led us to create Punawale- a futuristic lifestyle destination located in one of West Pune’s most sought-after areas. Spread over 28 acres, this integrated township offers a luxurious living experience with various location options and configurations to choose from. Avail yourself of the best deals for 2 BHK flats in Punawale, and 3 BHK flats in Moshi, and experience the perfect proportions of nature and luxury. Indulge in exquisite views, elegant surroundings, and premium lifestyle amenities that incredibly lift your lifestyle. Residing here is a statement that sets you apart.
The prime properties come equipped with top-notch amenities like swimming pools, landscaped gardens, gymnasiums, clubhouses, and much more, ensuring that you live a comfortable and fulfilling life.
So, why wait? Take the first step towards your dream home this Akshay Tritiya with Pharande Spaces and make your life more enriching and enjoyable.