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Akshardham (from the words Akshar meaning indestructible, and Dham meaning abode or home) is believed to be the divine abode of Swaminarayan by his followers. The followers of Swaminarayan believe that the jiva or soul goes to Akshardham after salvation to attain moksha.
Akshardham in actuality is a reference to a metaphysical form known as Gunatit (Like Brahman), this state or form is of euphoria whereby the followers of the Swaminarayan Sampraday reach what is known as Moksha and receive infinite peace, and happiness in this very life (Chati deha Akshardham nu sukh). This metaphysical entity or Tattva is embodied into the Satpurush who is the manifestation of Akshar and Purushottam (God), service unto the Satpurush filled with divine understanding and glory is in its entirety Moksha, in this very life as opposed to the next. 
Akshardham is the immortal abode of lord or the abode of Lord Krishna as described by skanda puran's vasudev mahatmya (a religious text in swaminarayan sampraday) . This is a common term used in the Swaminarayan Hindu philosophy.