Why Buying a Property During Raksha Bandhan 2023 is Auspicious?

Buying Property on Raksha Bandhan

Every year in August, brothers and sisters parted by distance come together to celebrate the bond of siblinghood on the day of Raksha Bandhan. The day is celebrated as a brother’s promise to protect his sister from harm while the sister ties a thread that solidifies the bond. Raksha Bandhan falls in the Hindu month of Shravan on a full moon day. Raksha Bandhan 2023 will be celebrated on August 30, 2023. 

This article will look at history, significance and a guide about buying property on Raksha Bandhan in 2023.

Historical Significance of Raksha Bandhan

Raksha Bandhan holds historical and cultural significance, and its origins can be traced back to ancient times. While the specific historical events associated with Raksha Bandhan may vary, the festival embodies the essence of sibling love, respect, and protection. If we were to turn back pages, Raksha Bandhan’s origin could be traced back to three separate events- the times of Mahabharat, Alexander’s invasion of India and the Mughal period. 

Krishna and Draupadi had a sibling relationship with each other. It is said that once Krishna cut his hand while passing sugarcane to Rukmani, who immediately instructed him to fetch bandages. Draupadi was present during the incident and tore a piece of her cloth and tied it around Krishna’s finger for the bleeding to stop. Krishna then promised Draupadi to come to her aid whenever she called him. 

When discussing Alexander’s era, his wife Roxana sent a rakhi to King Porus of the Pauravas and asked him not to hurt her husband during the war. When Alexander and Porus faced off, he was reminded of Roxana’s rakhi and did not attack Alexander. Even though Porus lost the battle, Alexander made him the governor of the kingdom and gave him the southeast side to rule. 

Another well-known story involves the Mewar Rajput queen, Rani Karnavati, and the Mughal emperor, Humayun. When Rani Karnavati faced an impending attack from the Sultan of Gujarat, she sent a rakhi to Emperor Humayun, seeking his protection. Touched by her gesture, Humayun immediately dispatched his troops to defend her kingdom.

How is Raksha Bandhan Celebrated Across the World? 

Raksha Bandhan is a joyful and significant festival celebrated primarily in India and other parts of the Indian subcontinent. It is a special occasion dedicated to the bond between brothers and sisters. Here is a description of how Raksha Bandhan is traditionally celebrated:

Before Raksha Bandhan, both brothers and sisters engage in preparations. Sisters shop for beautiful rakhis, simple threads or intricately designed bracelets. They may also choose rakhis with decorative elements like beads, stones, or good luck symbols. Brothers may purchase gifts or tokens of appreciation for their sisters.

On the day of Raksha Bandhan, usually in August, sisters and brothers gather together. The ceremony typically takes place at home or in a community setting. Sisters tie the rakhi on their brothers’ wrists while reciting prayers and well wishes. They may also apply a tilak (vermilion mark) on their brothers’ foreheads and perform aarti (waving a lamp) to symbolise blessings and protection. After the rakhi is tied, brothers present gifts to their sisters as a token of their love and appreciation. These gifts range from money and sweets to clothing, jewellery, or any other thoughtful item. The exchange of gifts symbolises the expression of gratitude and strengthens the bond between siblings.

Raksha Bandhan provides an opportunity for siblings to spend quality time together. Families often come together to celebrate the festival, creating a joyous atmosphere. Siblings reminisce about childhood memories, share laughter, and strengthen their emotional connection. The day serves as a reminder of the special bond they share.

Raksha Bandhan is also marked by indulging in delicious food and sweets. Sisters often prepare traditional dishes or favourite meals for their brothers. Families gather for a festive feast, enjoying the culinary delights and the company of loved ones.

During the ceremony, sisters pray for their brothers’ well-being, happiness, and prosperity. Brothers, in turn, express their love and promise to protect their sisters. The exchange of blessings and vows strengthens the siblings’ trust and care bond.

Raksha Bandhan extends beyond individual families and is celebrated in communities, workplaces, and organisations. It promotes a sense of unity and harmony among people. Sisters tie rakhis on the wrists of friends and acquaintances, symbolising a bond of friendship and goodwill. Raksha Bandhan is a joyous occasion celebrating the special relationship between brothers and sisters. It is a time for love, gratitude, and the reaffirmation of siblings’ bond of protection and support.

Raksha Bandhan 2023 Muhurat 

Like all the festivals in India, Raksha Bandhan is also celebrated under a specific muhurat. This year, Raksha Bandhan will be observed on Wednesday, August 30, 2023. The details of the same are given below. 

Muhurat Time
Shubh Muhurat for Raksha Bandhan 5:05 am- 6:06 pm
Duration for Celebration of Raksha Bandhan 12 Hours 11 Minutes
Start of Rakhi Purnima August 30 at 10:37 am
End of Rakhi Purnima August 31 at 5:58 pm

How to Buy Property on Raksha Bandhan? 

Buying a property for your sister or brother for Raksha Bandhan is a great idea. You can invest in property or help them set up a new business. The instructions for purchasing a property on Raksha Bandhan are given below. 

  • Start your research early: The best deals on property tend to go quickly, so it’s important to start your research early. This will give you time to find the right property for your needs and budget and to negotiate a good price.
  • Be prepared to act fast: If you find a property you love, act fast. The seller may have other interested buyers, so you want to take advantage of your dream home.
  • Be flexible with your dates: If you’re set on buying a property on Raksha Bandhan, you may need to be flexible. Many sellers are reluctant to close on a property on a public holiday, so you may need to be willing to wait a few days.
  • Get pre-approved for a mortgage: This will show sellers that you’re a serious buyer and have the financial means to purchase the property.
  • Negotiate the price: Feel free to negotiate the property price. The seller may be willing to come down on the price, especially if you’re a cash buyer.
  • Have your documents ready: When you’re prepared to make an offer, ensure you have all your documents ready. This includes your pre-approval letter, proof of funds, and mortgage application.

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In 2023, when Raksha Bandhan comes, it’s time to look past the customary celebrations and seek fresh ideas. Why not make a sizable property investment to commemorate the festival? On Raksha Bandhan, purchasing real estate can be a special way to celebrate siblings’ ties and make a sensible financial choice. Raksha Bandhan presents a favourable moment to make such decisions, whether looking for a residential property to call home or selecting a commercial place to grow your business. Purchasing real estate representing your sibling’s relationship would make the event even more special. Make a long-lasting investment to mark Raksha Bandhan and lay the groundwork for a prosperous future.

FAQ’s about Buy Property on Raksha Bandhan

Q1. Is before Raksha Bandhan 2023 an excellent time to buy a house?

You can complete all the formalities before Raksha Bandhan and surprise your sibling on the festival day.

Q2. Is it a good time to buy property in Raksha Bandhan 2023?

Raksha Bandhan is a good time to buy property. 

Q3. Does the housing market slow down at Raksha Bandhan 2023?

The housing market might slow down during Raksha Bandhan since people are busy because of the festival. It is best to start looking before the festival arrives.

Anupama Menon Anupama is a content writer first and an artist second. She loves to paint, whether its through words or acrylics. She is a cinephile, obsessed with the idea of writing and directing films one day. If she suddenly pulls a Houdini, she is probably at the beach, reading.
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