This is an innovation.
If the owner recites suratul Baqarah to prevent Satan from entering the house, this is permissible.
Having people do that in congregation or each one reading a portion of the Quran, this is an innovation.

there is a very big misconception regarding khatm e quran with a group of people at home for attaining blessings barakah or moving in to a new house i would like you to clear this misconception and where people read quran loudly in groups at home .? People are sending wrong info regarding this can you please help with the right guidance is it rite or bidah.

Reading/Reciting the Quran | May 31, 2017 8:55 pm
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During our childhood, my mother would tell a deceased’s family that “I will give you 40 Yaseen or 10 chapters of quran on behalf of my daughter/son (as in me)” for khatam. Later, she would force us to read them. But, when she would forget to remind us, we would skip them. As I was sitting today (15 years after that), I realized that I may have 4 – 5 Quran and more than 500 Yaseen to read.Need help
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Every Friday we read the Qur’an surah Al-Kahf and my question is when I read in general the Qur’an specially on Friday’s do I have to read so my lips move? or is it permissible to read in mind without moving the lips? Please advise me ..