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House and business consecration rituals hold significant importance in Tibetan religious practices. Performed by monks, these ceremonies aim to bring blessings and foster prosperity. 

House consecration is a ritual conducted to bless a home and create a harmonious living environment. It brings happiness and peace to the household while eliminating obstacles caused by harmful spirits and elemental beings, contributing to the well-being of the homeowners.

Business consecration is performed when opening a new store or relocating to a new business site. This ritual ensures success and abundance, offering benefits such as increased business opportunities and enhanced wealth, while fostering a sense of prosperity.

These consecration rituals are integral to preserving Tibetan religious and cultural traditions. They provide spiritual support to individuals and communities, offering blessings that promote peace, success, and abundance.