People believe that investing in asset on the holy day of Akshaya Tritiya will come with ample advantages. The term ‘Akshaya’ defines ‘eternal’ and the day is pondered prosperous when it comes to purchasing assets like property or jewelry. In short, this auspicious day is a good time for making an investment. It is believed that on this day, Kuber, the God of Wealth, prayed to Maa Laxmi. And he was offered eternal wealth and opportune by Devi Laxmi. From that day, it is said that people who invest in homes or any other assets, get eternal prosperity and wealth. Since people believe that buying an asset on this day brings luck, they go for purchasing a home with an expectation to reap more benefits in the future.
Let’s check out top reasons for purchasing property at Akshaya Tritiya:
Less risk ratio – In maximum places in India, the property prices go down for some reasons instead of increasing. This helps property buyers own a home to purchase on this day. In fact, the deal becomes reasonable by 30% in comparison with the prices all over the year.
Lucky day for special offers – In India, many real estate builders offer new schemes and special offers associating with payment plans on this day. Hence, this is an ideal time for property buyers to save cash as the property becomes more cost-effective for them.
property loans at cheaper rates – You can borrow property loans at cheaper prices this day and this is another purpose why people opt for buying a home on this prosperous day. Furthermore, this helps you receive better returns on investment. It’s a highly advantageous deal.
Constant cash flow through rental income – Houses becoming cost-effective for the buyers with offers, property buyers can afford it as it makes the best passive earning source. The strategy of producing a steady income, in the form of rent can be implemented
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