Will heav­enly in­ter­ven­tion move the mar­kets?

HT Estates - - FRONT PAGE - Arati Bhar­gava

Ayear in which the realty mar­ket has been largely down, t he Navra­tra, which be­gan on Oc­to­ber 13, brings a ray of hope as this pe­riod is con­sid­ered aus­pi­cious for those buy­ing prop­erty. Hin­dus be­lieve that strik­ing big deals, pur­chas­ing prop­er­ties and launch­ing new projects dou­bles prof­its now. The real es­tate sec­tor is likely to look up with prop­erty buy­ers now hop­ing to cash in on the sea­son’s ‘luck’ fac­tor.

The Navra­tra is ded­i­cated to the wor­ship of god­dess Durga and her nine man­i­fes­ta­tions – Shailpu­tri, Brah­macharini, Chan­draghanta, Kush­manda, Skand­mata, Katyayani, Kal­ra­tri, Ma­ha­gauri and Sid­dhi­da­tri. The fes­ti­val sea­son starts on the first day of the wax­ing moon of the Hindu cal­en­dar month of ashvin in the Hindu sea­son of sharad.

Four Navra­tras are cel­e­brated in a year. The first is the vas­ant Navra­tra that is in the Hindu cal­en­dar month of chaitra (March-April). The sec­ond is ashaad Navra­tra in June-July. The third is sharad Navra­tra, in Septem­ber-Oc­to­ber and the fourth is paush Navra­tra that falls in De­cem­ber or Jan­uary. The on­go­ing sharad Navra­tra is the most im­por­tant and is known as ma­hanavra­tra. The nine- day aus­pi­cious phase di­vided into three- day sets dur­ing which t he god­dess i s pro­pi­ti­ated i n her three forms of Durga, Lak­shmi and Saraswati. It is be­lieved that Durga de­stroys im­pu­ri­ties, Lak­shmi be­stows spir­i­tu­al­ity and worldly wealth, while Saraswati be­stows knowl­edge and wis­dom.

“The be­lief is that any­thing new started now or pur­chases made would be lucky and ben­e­fi­cial,” says pri­est Kuldip Sharma of Gopal mandir, Khan mar­ket.

Real es­tate builders have rolled out var­i­ous schemes this fes­tive sea­son, giv­ing away white goods and pay­ing stamp duty for buy­ers

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.