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Akshaya Tritiya Spurs Real Estate Deals with Discounts and Tax Benefits

As the auspicious day nears, developers in India unveil special offers, while cultural traditions guide purchases and rituals.

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Overview

  • Akshaya Tritiya, observed on April 30 this year, is considered one of the most auspicious days in the Hindu calendar, symbolizing prosperity and new beginnings.
  • Real estate developers are offering discounts, low-interest loans, and buyer incentives to capitalize on the day’s investment surge.
  • Experts highlight the day as a key opportunity for hesitant buyers to finalize property decisions, spurred by cultural and financial advantages.
  • Purchases made on Akshaya Tritiya enable full-year tax benefits on home loans, as it coincides with the start of the Hindu financial year.
  • Traditional advice encourages buying auspicious items like gold and silver while avoiding inauspicious goods such as pointed tools and steel utensils.