Diwali, the festival of lights, is a time when homes across India transform into magical spaces filled with warmth and radiance. Creating that perfect festive ambiance doesn’t have to strain your wallet. We’ve curated this list of the best Diwali decoration items under ₹500 to help you celebrate in style without breaking the bank. From traditional diyas to modern LED lights, these affordable decorations will brighten your home and create a joyful atmosphere for family gatherings and celebrations.
Quick Comparison: Diwali Decoration Items Under ₹500
| Product Name | Price | Key Features | Rating | Action |
| Handcrafted Brass Peacock Diya | ₹499 | Antique finish, Peacock design, Durable brass | 4.8/5 | Buy Now |
| LED String Lights (10m) | ₹299 | Warm white, 8 modes, Battery operated | 4.5/5 | Buy Now |
| Crystal Tealight Holders (Set of 4) | ₹399 | Crystal glass, Colorful design, Includes tealights | 4.6/5 | Buy Now |
| Terracotta Handpainted Diyas (Set of 6) | ₹349 | Handpainted, Traditional design, Eco-friendly | 4.7/5 | Buy Now |
| Wooden Key Holder with Owl Design | ₹399 | Rajasthani art, 6 hooks, Wall-mountable | 4.3/5 | Buy Now |
| Lotus-Shaped Floating Candles (Pack of 10) | ₹249 | Floating design, Long-burning, Vibrant colors | 4.4/5 | Buy Now |
| Metal Akhand Diya | ₹499 | Brass finish, Long-lasting, Traditional design | 4.9/5 | Buy Now |
| Handmade Paper Lantern (Set of 2) | ₹299 | Eco-friendly, Colorful design, Easy to hang | 4.2/5 | Buy Now |
| Rangoli Stencil Kit | ₹199 | Reusable, 5 designs, Easy to use | 4.0/5 | Buy Now |
| Adiyogi Shiva Statue | ₹299 | Polyresin, Black matte finish, 4.5 inches | 4.5/5 | Buy Now |
Handcrafted Brass Peacock Diya: Our Top Pick for Diwali 2023
Among all the Diwali decoration items under ₹500 we reviewed, the Handcrafted Brass Peacock Diya stands out for its exceptional craftsmanship, durability, and timeless appeal. This traditional yet elegant piece combines functionality with artistic beauty, making it our top recommendation for this Diwali season. The intricate peacock design symbolizes beauty and prosperity, while the quality brass construction ensures you’ll enjoy this diya for many celebrations to come.
Pros
- Premium brass construction that lasts for years
- Intricate peacock design with fine detailing
- Versatile use as both decoration and functional diya
- Antique finish that doesn’t tarnish easily
Cons
- Requires occasional polishing to maintain shine
- Slightly heavier than clay or terracotta diyas
- Limited oil capacity compared to larger diyas
Specifications
| Brass | 7 x 4 x 2 inches |
| 250 grams | Antique brass |
| Peacock motif | 15 ml |
| 1 Brass Peacock Diya | Clean with soft cloth |
LED String Lights (10m): Illuminate Your Home with Magical Glow
Transform your home into a magical wonderland with these versatile LED string lights. Perfect for Diwali decoration, these 10-meter lights feature 8 different lighting modes to match any mood or setting. The warm white glow creates a cozy, inviting atmosphere that’s perfect for festive celebrations. Battery-operated for easy placement anywhere in your home, these lights are an essential Diwali decoration item under ₹500.
Pros
- 8 different lighting modes for versatile decoration
- Battery-operated for placement anywhere
- Warm white light creates cozy atmosphere
- Flexible copper wire can be shaped as needed
Cons
- Requires 3 AA batteries (not included)
- Battery life varies based on mode selected
- Not waterproof for outdoor use in rain
Specifications
| 10 meters | 100 |
| 3 AA batteries (not included) | Warm white |
| Flexible copper | 8 modes |
| Indoor use only | Included with mode button |
Crystal Tealight Holders (Set of 4): Add Sparkle to Your Celebrations
Add a touch of elegance and sparkle to your Diwali decorations with this set of 4 crystal tealight holders. Each holder features a unique colorful design that creates magical light patterns when illuminated. The set comes complete with tealight candles, making it ready to use right out of the box. These crystal holders are perfect for creating a sophisticated festive ambiance in any room of your home.
Pros
- Beautiful light patterns when illuminated
- Set of 4 different colors for variety
- Includes tealight candles
- High-quality crystal glass construction
Cons
- Requires careful handling due to glass material
- Included tealights have limited burning time
- May collect dust in the intricate patterns
Specifications
| Crystal glass | 3 x 3 x 2.5 inches (each) |
| Blue, Green, Red, Yellow | 150 grams (per piece) |
| 4 Crystal holders, 4 Tealight candles | 3-4 hours |
| Wipe with soft dry cloth | Indoor use |
Terracotta Handpainted Diyas (Set of 6): Traditional Artistry
Celebrate Diwali with these beautifully handpainted terracotta diyas that blend traditional craftsmanship with artistic expression. Each set contains 6 uniquely designed diyas, hand-crafted and painted by skilled artisans. The eco-friendly terracotta material is not only sustainable but also gives these diyas an authentic, rustic charm that perfectly embodies the spirit of Diwali. These diyas make for both beautiful decorations and functional oil lamps.
Pros
- Handcrafted by skilled artisans
- Eco-friendly terracotta material
- Unique designs on each diya
- Supports traditional craftsmanship
Cons
- More fragile than metal alternatives
- Colors may fade if exposed to water
- Smaller oil capacity than larger diyas
Specifications
| Terracotta (clay) | 3 inches diameter (each) |
| Set of 6 | Non-toxic colors |
| Assorted traditional patterns | 10 ml (each) |
| 6 Handpainted diyas | Keep away from water |
Wooden Key Holder with Owl Design: Functional Festive Decor
Combine functionality with festive decor using this beautifully crafted wooden key holder featuring traditional Rajasthani art with an owl design. With 6 hooks for organizing your keys and a wall-mountable design, this piece serves as both a practical household item and a decorative element for Diwali. The intricate craftsmanship and vibrant colors make it a perfect addition to your home decor that will last well beyond the festival season.
Pros
- Dual-purpose: decorative and functional
- Traditional Rajasthani artistry
- 6 hooks for organizing multiple keys
- Easy wall mounting with included hardware
Cons
- Hooks may loosen with heavy use
- Colors might fade over time in direct sunlight
- Requires wall mounting (not freestanding)
Specifications
| Wood | 12 x 6 x 0.5 inches |
| 6 | Owl with Rajasthani art |
| Wall-mountable (hardware included) | 300 grams |
| 1 Wooden key holder, mounting screws | Wipe with dry cloth |
Lotus-Shaped Floating Candles (Pack of 10): Serene Water Decor
Create a serene and magical water display with these lotus-shaped floating candles. Perfect for decorating water urlis or bowls during Diwali, these candles come in vibrant colors that mimic the beauty of real lotus flowers. Each pack contains 10 candles with long burning times, allowing you to enjoy their gentle glow throughout your celebrations. The lightweight design ensures they float perfectly on water, creating a mesmerizing effect that enhances your festive decor.
Pros
- Beautiful lotus flower design
- Vibrant colors (pink, yellow, purple)
- Floats perfectly on water
- Pack of 10 provides good value
Cons
- Requires water container (not included)
- Colors may bleed slightly in water
- Shorter burning time than standard candles
Specifications
| Wax | 2.5 inches diameter (each) |
| Pack of 10 | Pink, Yellow, Purple (assorted) |
| 2-3 hours | Lotus flower |
| 10 Floating candles | Water decoration |
Metal Akhand Diya: Eternal Light for Auspicious Celebrations
The Metal Akhand Diya represents the tradition of keeping an eternal flame lit throughout the Diwali celebrations. Crafted with a beautiful brass finish and traditional design, this diya features a large oil reservoir that allows for extended burning time. The sturdy construction ensures durability, while the elegant design makes it a centerpiece for your Diwali puja. This auspicious item is believed to bring prosperity and positive energy to your home during the festival of lights.
Pros
- Large oil reservoir for extended burning
- Durable metal construction
- Traditional design with brass finish
- Can be used for multiple festivals
Cons
- Requires regular cleaning to maintain shine
- Heavier than clay alternatives
- Oil and cotton wicks not included
Specifications
| Brass-plated metal | 4 x 4 x 3 inches |
| 350 grams | 50 ml |
| Antique brass | Traditional |
| 1 Metal Akhand Diya | Clean with brass cleaner |
Handmade Paper Lantern (Set of 2): Eco-Friendly Hanging Decor
Brighten your Diwali celebrations with these eco-friendly handmade paper lanterns. Each set contains 2 beautifully designed lanterns with intricate patterns that cast magical shadows when illuminated. Made from sustainable materials, these colorful lanterns are lightweight and easy to hang from ceilings, doorways, or balconies. They add a traditional yet contemporary touch to your festive decor while being environmentally conscious – a perfect blend of beauty and responsibility.
Pros
- Eco-friendly materials
- Beautiful shadow patterns when lit
- Lightweight and easy to hang
- Unique handcrafted designs
Cons
- Less durable in humid conditions
- Requires careful handling
- Not suitable for outdoor use in rain
Specifications
| Handmade paper | 8 inches diameter (each) |
| Set of 2 | Multicolor with patterns |
| Compatible with LED tealights (not included) | String attached |
| 2 Paper lanterns with hanging strings | Keep away from moisture |
Rangoli Stencil Kit: Create Perfect Patterns Effortlessly
Create beautiful, professional-looking rangoli designs with ease using this reusable stencil kit. Perfect for those who want to maintain tradition but lack artistic skills, these stencils help you create intricate patterns in minutes. The kit includes 5 different traditional designs that can be used repeatedly throughout the festive season. Simply place the stencil on the floor, fill in with rangoli colors or flower petals, and lift to reveal a perfect pattern. These stencils make Diwali decoration accessible to everyone.
Pros
- Makes rangoli creation easy for everyone
- Reusable for multiple occasions
- 5 different traditional designs
- Creates professional-looking patterns
Cons
- Limited to the included designs
- Plastic material may tear with rough handling
- Rangoli colors not included
Specifications
| Flexible plastic | 12 inches diameter (each) |
| 5 | Traditional patterns |
| Multiple uses | Rangoli colors, flower petals, rice flour |
| 5 Rangoli stencils, storage pouch | Wash with water after use |
Adiyogi Shiva Statue: Spiritual Elegance for Your Home
Add a touch of spiritual elegance to your Diwali decorations with this beautifully crafted Adiyogi Shiva statue. Made from high-quality polyresin with a sophisticated black matte finish, this 4.5-inch figurine depicts Lord Shiva in meditation. Perfect for home altars, office desks, or car dashboards, this statue brings a sense of peace and divine presence to your space. The detailed craftsmanship and sleek design make it a meaningful addition to your festive decor that can be displayed year-round.
Pros
- Elegant black matte finish
- Detailed craftsmanship
- Versatile placement options
- Spiritual significance
Cons
- May collect dust in detailed areas
- Polyresin can chip if dropped
- Smaller than some may expect
Specifications
| Polyresin | 4.5 inches height |
| 200 grams | Black matte |
| Adiyogi Shiva in meditation | Self-standing |
| 1 Adiyogi Shiva statue | Dust with soft brush |
Light Up Your Diwali Without Breaking the Bank
Finding beautiful Diwali decoration items under ₹500 doesn’t mean compromising on quality or style. Our carefully selected collection offers a perfect blend of traditional charm and modern aesthetics to enhance your festive celebrations. Whether you prefer the timeless elegance of brass diyas, the magical glow of LED lights, or the spiritual significance of religious artifacts, there’s something for every taste and preference in this budget-friendly range.
Remember that Diwali is about creating a warm, inviting atmosphere that brings family and friends together. These affordable decoration items allow you to spread the festive cheer throughout your home without straining your finances. Mix and match different elements to create a personalized decor scheme that reflects your style and the true spirit of Diwali.
Disclaimer: This article contains affiliate links. When you purchase through these links, we may earn a small commission at no additional cost to you. This helps us continue providing valuable content. We only recommend products we genuinely believe will enhance your Diwali celebrations.
Ready to Decorate Your Home for Diwali?
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