Akshaya Tritiya in Tamil Nadu is observed on the third day after Amavasya in Chithirai Month and the popular belief is that Dhanalakshmi form of Ashtalakshmi will visit the house on the day. In 2021, the date of Akshaya Tritiya is May 14.
It is believed that which is bought and received will increase by manifold by the blessings of Dhanalakshmi. In South India, Akshaya Tritiya is also observed as the birth anniversary of Lord Balarama.
People also buy or order for new vehicles, invest in property, real estate, house and also purchase clothes, household articles and utensils.