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Real Estate Trends to Watch in 2024

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The Build-to-Rent

In the ever-evolving realm of real estate, staying ahead of the curve is paramount for investors, homebuyers, and industry professionals. As we approach 2024, several key trends are poised to reshape the landscape of this multi-trillion dollar industry. In this report, we’ll delve into the most significant trends to watch in real estate next year.

1. Urban Resurgence: The Return of the City

After a temporary shift towards suburban living during the COVID-19 pandemic, many urban areas are showing signs of a comeback. The allure of city life is once again on the rise as businesses, culture, and social opportunities re-emerge. Investors should keep an eye on the potential for urban real estate to rebound in 2024.

2. Sustainable and Smart Housing

The demand for sustainable and smart homes is on the rise. More buyers are prioritizing energy-efficient properties and innovative technologies that enhance convenience and security. As governments worldwide intensify their focus on climate change, green initiatives are likely to impact real estate regulations and development practices.

3. The Metaverse and Real Estate

The metaverse, a digital universe connecting virtual and real-world experiences, is having a profound impact on real estate. Virtual properties and digital real estate are being bought and sold, with speculation that these assets will become increasingly valuable. The intersection of the metaverse and traditional real estate is an emerging area to watch closely.

4. Flexible Workspaces and Co-Living

The pandemic accelerated trends toward remote work and flexible living arrangements. Co-working spaces, co-living communities, and short-term rentals are becoming more prevalent. This shift in how people use space is reshaping the real estate industry, offering unique investment opportunities for those who adapt.

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5. Rise of Second-Tier Cities

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Smaller, second-tier cities are experiencing increased interest from both investors and individuals seeking a more affordable and manageable lifestyle. These areas often provide a more favorable cost of living, a thriving local culture, and opportunities for growth. Investors looking for lower entry costs may find second-tier cities attractive in 2024.

6. Real Estate Technology and PropTech

PropTech, or property technology, is transforming how real estate transactions occur. Blockchain, augmented reality, and artificial intelligence are streamlining property transactions and making them more transparent. In 2024, we can anticipate further adoption of these technologies in real estate processes.

7. International Real Estate Investments

Global real estate investments continue to be a lucrative option for investors. Political and economic factors, along with shifting demographics, are influencing the desirability of international real estate markets. Understanding these trends and potential risks is essential for those considering cross-border investments.

8. Regulatory Changes

The real estate industry is subject to an evolving regulatory landscape. Changes in tax policies, zoning regulations, and property laws can dramatically impact investments and development projects. Staying informed and being adaptable to these shifts is crucial.

9. Housing Affordability and the Affordable Housing Crisis

The affordability of housing remains a pressing issue, particularly in metropolitan areas. Governments and organizations are addressing this challenge, and 2024 is likely to see new initiatives and incentives for affordable housing construction. Real estate professionals should monitor these developments closely.

10. Health and Wellbeing Considerations

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Post-pandemic, people are more mindful of their health and wellbeing. This awareness is impacting the design and location of properties. The demand for homes with outdoor spaces, access to green areas, and proximity to healthcare facilities is expected to increase.

In conclusion, the real estate landscape in 2024 promises a blend of opportunities and challenges. Successful investors and industry players will be those who keep a watchful eye on these trends and are poised to adapt to the evolving market conditions. As we enter the new year, real estate remains a dynamic, ever-changing sector, offering possibilities for those prepared to navigate the evolving terrain. Stay tuned for more updates as we journey through this transformative year in the world of real estate.

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Opus One, New Chandigarh

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​Opus One by GB Realty is an ultra-luxury residential address located in Eco City Phase 2, Mullanpur (New Chandigarh). Designed for low-density, high-privacy living, the high-rise development brings together five-star amenities, advanced structural engineering, and panoramic views of the Shivalik range.

​Structural Highlights

  • ​Gated Campus: Spread over 8.75 acres, dedicating a major portion of the footprint to open landscapes.
  • ​Vertical Scale: Comprises 11 high-rise towers rising 29 to 33 storeys, forming one of the tallest residential silhouettes in New Chandigarh.
  • ​Low-Density Privacy: Formatted with only 2 to 3 apartments per floor/lobby to reduce common-area traffic and ensure fast elevator access.
  • ​Construction & Craftsmanship: Built with Mivan formwork shuttering for superior structural integrity. Interiors for show residences showcase collaboration with Hirsch Bedner Associates (HBA), incorporating Italian marble, onyx accents, teakwood veneer finishes, and smart automation systems.

​Living Formats & RERA Details

  • ​Spacious Residences: Includes 3 BHK, 4 BHK, 5 BHK, and top-tier 6 BHK penthouse floor plans starting from approximately ~3,300 sq. ft.
  • ​Buyer Payment Structures: Offers staggered, construction-linked builder payment schedules.
  • ​Regulatory Approval: Fully compliant under Punjab RERA (PBRERA-SAS81-PR1267).

​Clubhouse & Recreation

​Houses over 70 lifestyle, fitness, and outdoor facilities inside the complex:

  • ​Leisure & Community: Multi-level clubhouse, private home theater, banquet hall, and resident lounges.
  • ​Sports & Wellness: Temperature-controlled infinity pool, modern fitness center, yoga zone, and outdoor sports courts.
  • ​Green Spaces: Zen gardens, children’s play zones, and dedicated walking loops.opus-one-new-chandigarh-modern-architectural-luxury-in-eco-city-phase-2

​Location & Infrastructure Access

​Situated inside Eco City Phase 2 with quick connections across the Chandigarh Capital Region:

  • ​Airport Corridor: Direct reach via the PR-7 Airport Road for smooth transit to Chandigarh International Airport.
  • ​Institutional Proximity: Located minutes away from Medicity Hospital, PGIMER, Punjab University, and main access corridors leading into central Chandigarh and Mohali.

​Situated in Eco City Phase 2, New Chandigarh (Mullanpur), Opus One by GB Realty is positioning itself as one of the most ambitious ultra-luxury high-rise residential landmarks in the Chandigarh Capital Region. Designed to offer seven-star hospitality-style living, the development sets a new standard for design, engineering, and architectural scale in North India.

​Project Overview & Architecture

  • ​Land Area: Spans 8.75 acres of low-density landscape.
  • ​Towers & Heights: Features 11 iconic high-rise towers rising 29 to 33 storeys—planned to be among the tallest residential structures in New Chandigarh.
  • ​Low-Density Layout: Built with only 2 to 3 apartments per lobby/floor, ensuring enhanced privacy, exclusivity, and quiet living.
  • ​Construction Quality: Utilizes advanced Mivan shuttering technology for seismic resistance, durability, and smooth finishes.
  • ​Design Credentials: Interior styling for the show residences is handled in collaboration with world-renowned design firm Hirsch Bedner Associates (HBA), featuring Italian marble flooring, onyx kitchen finishes, teakwood veneer doors, and smart home automation.

​Residences & Pricing Framework

​The project offers expansive layout configurations ranging from modern family spaces to penthouse-level floor plans:

  • ​Configurations: 3 BHK, 4 BHK, 5 BHK, and ultra-premium 6 BHK penthouse residences (ranging from ~3,300 sq. ft. upwards).
  • ​Sample Payment Structure: Features flexible builder payment plans (e.g., 19% booking amount, monthly installment models, and balance on possession).
  • ​RERA Approved: Registered under Punjab RERA (PBRERA-SAS81-PR1267).

​World-Class Amenities

​Opus One hosts over 70 lifestyle and wellness amenities within its gated ecosystem:

  • ​Clubhouse & Leisure: Grand multi-level clubhouse, private home theater/mini-theater, banquet hall, and sports lounge.
  • ​Wellness & Sports: Temperature-controlled/infinity swimming pool, fully equipped fitness center, dedicated yoga studio, sports courts, and jogging/cycling tracks.
  • ​Green Spaces: Landscaped Zen gardens, children’s play zones, and open vistas looking towards the Shivalik hills.

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​Located in Eco City Phase 2, Opus One benefits from New Chandigarh’s master-planned infrastructure:

  • ​Connectivity: Quick access to the PR-7 Airport Road, connecting seamlessly to the Chandigarh International Airport.
  • ​Proximity: Minutes away from Medicity Hospital, PGIMER, Punjab University, Omaxe World Street, and major arterial routes into Chandigarh (Sectors 17/11) and Mohali.

Nestled in Eco City Phase 2, New Chandigarh (Mullanpur), Opus One by GB Realty brings resort-style, ultra-luxury high-rise living to the Chandigarh Capital Region. Blending sophisticated architecture with expansive green landscapes, the development is engineered for high-end privacy, scale, and modern elegance.

​Master Plan

  • ​Spacious Footprint: Set across 8.75 acres with a focus on open space and low-density planning.
  • ​Striking Skyline: Comprises 11 high-rise towers standing 29 to 33 storeys tall—making them among the tallest in the region.
  • ​Maximum Privacy: Designed with just 2 to 3 apartments per floor/lobby to maintain quiet, uncrowded common areas.
  • ​Engineering & Finishes: Built using Mivan concrete technology for superior structural strength. Interiors feature Italian marble, teakwood veneer accents, onyx finishes, and smart home systems styled in collaboration with Hirsch Bedner Associates (HBA).

​

  • ​Apartment Options: Offers expansive 3 BHK, 4 BHK, 5 BHK, and top-tier 6 BHK penthouse layouts starting at ~3,300 sq. ft.
  • ​Payment Plans: Provides structured buyer payment options (such as initial booking percentages with staggered construction-linked installments).
  • ​RERA Compliance: Fully registered under Punjab RERA (PBRERA-SAS81-PR1267).

​Lifestyle

​The property packs over 70 dedicated wellness and recreational facilities inside its gated community:

  • ​Clubhouse & Entertainment: Multi-level clubhouse, private mini-theater, sports lounge, and grand event space.
  • ​Fitness & Recreation: Temperature-controlled infinity pool, modern gym, yoga deck, and multi-sport courts.
  • ​Outdoors: Zen gardens, children’s play parks, walking trails, and open views toward the Shivalik range.

​connectivity

​Situated directly in Eco City Phase 2, Opus One links quickly to key regional hubs:

  • ​Transport: Direct access via the PR-7 Airport Road toward Chandigarh International Airport.
  • ​Key Landmarks: Minutes from Medicity, PGIMER, Punjab University, and seamless routes into main-town Chandigarh and Mohali.

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LOD 350 Electrical BIM Modeling for Construction Reality

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LOD 350 Electrical BIM Modeling

Electrical design becomes more demanding as a building moves closer to construction. At this stage, drawings need to communicate more than the general location of electrical components. LOD 350 BIM Electrical Modelling Services helps develop the electrical system with greater geometric and coordination detail so that designers, engineers, contractors, and site teams have a clearer understanding of how the system is expected to fit within the actual building environment.

Moving Beyond Basic Electrical Design

Early-stage electrical models are often focused on design intent. They may show equipment locations, circuits, major pathways, and general system layouts without representing every physical relationship with surrounding building elements.

As the project progresses, these broad representations may not be enough. Electrical equipment, cable trays, conduits, panels, lighting systems, and other components need to fit around architectural and structural elements. The closer the project gets to construction, the more important this physical relationship becomes.

This is where LOD 350 development can provide additional value. The model begins to represent not only the electrical components but also their relationship with relevant building elements and other disciplines.

Understanding LOD 350 Electrical Development

LOD 350 is generally associated with a level of development where model elements contain more detailed information about their relationships and interfaces with other building components. In an electrical BIM workflow, this can mean better representation of equipment, supports, pathways, penetrations, and connections where required by the project’s scope.

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The exact content of an LOD 350 model depends on the BIM execution requirements and project standards. It should not be treated as a fixed checklist that is identical for every project.

The objective is to develop enough reliable information to support coordination and construction-related decisions without unnecessarily modeling details that are outside the project’s requirements.

Electrical Systems Become Easier to Coordinate

One of the major advantages of LOD 350 BIM Electrical Modelling is improved coordination between electrical systems and other disciplines.

Electrical components often compete for limited space. Cable trays may pass through areas occupied by HVAC ducts. Conduits may approach structural beams. Electrical panels require suitable clearance, while lighting fixtures need to work with ceiling layouts and architectural elements.

When these relationships are represented clearly in the BIM environment, coordination teams can identify potential issues earlier. This allows design teams to discuss adjustments before the same issue reaches the construction site.

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Better Representation of Equipment and Pathways

Electrical equipment needs more than a simple symbol on a plan when construction is approaching. Panels, transformers, switchgear, distribution equipment, cable trays, conduits, and other components can require physical consideration within the building.

A detailed model can help communicate where these components are positioned and how their pathways relate to the surrounding environment. This gives contractors and installers a clearer digital reference when planning installation activities.

The model also becomes more useful during coordination meetings because different teams can review the same spatial environment instead of interpreting separate two-dimensional drawings independently.

Supporting Clash Detection

Clash detection is another important application of detailed electrical BIM modeling. Electrical services can create conflicts with almost every other building discipline because they require routes through ceilings, walls, shafts, plant rooms, service corridors, and other constrained spaces.

A properly developed model can be reviewed against architectural, structural, mechanical, and plumbing models. Conflicts involving cable trays, conduits, equipment, ceilings, ducts, beams, columns, or other elements can then be investigated before installation.

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However, clash detection is only useful when the model contains appropriate and reliable information. Adding unnecessary detail without maintaining accuracy does not automatically create a better coordination model.

Improving Construction Planning

Construction teams often need to understand how different systems will occupy the same physical space. Electrical BIM models developed to an appropriate level can support this planning by providing a more realistic view of system locations and interfaces.

For example, an electrical contractor may need to coordinate tray routes with mechanical services before installation begins. The model can provide a common reference for reviewing these routes and discussing required adjustments.

This can reduce dependence on assumptions made directly at the site and give project participants more information before installation work starts.

Helping Fabrication and Installation Workflows

Depending on the project requirements, electrical BIM models may also support downstream detailing and fabrication-related workflows. Accurate pathways and equipment locations can help teams develop more detailed installation information.

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For projects involving prefabricated electrical assemblies or coordinated service modules, model accuracy becomes particularly important. Fabrication decisions depend on dimensions, locations, clearances, connections, and coordination with surrounding systems.

The BIM model does not replace fabrication drawings or installation expertise, but it can provide an organized digital foundation for producing and reviewing those deliverables.

Supporting Design Changes

Electrical designs frequently change as projects develop. Equipment selections may be updated, room layouts may change, or coordination with other services may require a route to be modified.

A structured BIM model makes these changes easier to track across the digital environment. When a component or pathway changes, related views and documentation can be updated as part of the BIM workflow, subject to proper model management.

This is particularly useful on large projects where manual changes across multiple independent drawings can increase the possibility of inconsistencies.

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The Importance of Project Standards

LOD 350 does not mean that every electrical element should be modeled to maximum possible detail. The level of information should be based on the project’s requirements, BIM execution plan, client standards, and intended model uses.

Before modeling begins, the project team should establish what needs to be represented, how elements should be named, which parameters are required, and what level of graphical detail is expected.

Clear standards help prevent both under-modeling and unnecessary modeling. They also make it easier for different project participants to work with the same model.

Quality Control Makes the Model More Useful

A detailed electrical model still needs careful quality checking. Model reviews should consider equipment locations, system routes, connectivity where required, clearances, naming, parameters, views, and coordination with other disciplines.

Quality control is particularly important before issuing models for construction coordination. An inaccurate model can create the same type of confusion as an inaccurate drawing, even if the model appears visually detailed.

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The value of LOD 350 BIM Electrical Modelling therefore comes from combining appropriate detail with accuracy, coordination, and reliable project information.

Bringing Electrical BIM Closer to Site Requirements

As a project moves from design toward construction, the gap between a conceptual representation and physical installation becomes increasingly important. Electrical systems need to occupy real spaces, pass around structural elements, coordinate with mechanical services, and remain accessible for installation and maintenance.

LOD 350 modeling helps address this transition by representing electrical systems with greater consideration of their physical relationships. It provides project teams with a more detailed environment for coordination and construction planning without confusing the model’s purpose with higher levels of fabrication detail.

For architecture, engineering, and construction teams working on complex building projects, Archdraw Outsourcing provides BIM modeling and electrical documentation support based on project requirements, coordination needs, and established modeling standards. When properly planned and checked, LOD 350 BIM Electrical Modelling can turn an electrical design into a more construction-oriented digital representation, helping project teams understand how the system is intended to work within the actual building.

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Flats for Sale in Thaltej, Bodakdev and Ambli, Ahmedabad

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Thaltej, Bodakdev and Ambli are all on the western side of Ahmedabad, and they sit fairly close to one another. But spend some time around these areas and they don’t really feel the same. The roads change, the surroundings change, and so does the kind of housing you come across.

There are plenty of apartment projects in all three localities, though the mix is different. Some buyers look at one area first and then end up checking the other two as well. It usually comes down to the type of home, budget, road access and the kind of neighbourhood they prefer.

Prices can move quite a bit from one property to another. Project, apartment size, age, exact location and the overall level of development all make a difference. Across these three localities, apartments can start around the ₹1 crore range and go well beyond ₹10 crore for larger luxury homes.

Flats for Sale in Thaltej

Thaltej has a fairly mixed residential market. There are older, established societies, newer apartment projects and some much larger premium homes. You don’t have to look only at one type of property here.

Flats for Sale In Thaltej include spacious family apartments as well as larger 3 and 4 BHK homes, penthouses and luxury residences. The locality also has a practical advantage because of its location. SG Highway is nearby, Thaltej Metro Station provides another way to travel, and places such as Sola, Bodakdev and Shilaj are within easy reach.

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There are several residential developments around the locality, including Maple Tree Garden Homes, Sharanya Skyvue, Anantara Alpines and Shaligram Plush.

The area has its busy stretches, quieter residential pockets and a mix of both old and new development. That’s something you notice more clearly when visiting than when looking at a property listing online.

Another thing about Thaltej is that the character of the area can change within a relatively short distance. Some roads have a more developed urban feel, while other pockets still have a quieter residential atmosphere. For families, this difference can matter because daily travel, traffic and the immediate surroundings are not always the same across the locality. Looking at the individual project and its immediate surroundings gives a clearer picture than judging the whole area by its name.

Flats for Sale in Bodakdev

Bodakdev has a more established premium residential feel. It is close to Sindhu Bhavan Road and a number of commercial, dining and lifestyle destinations, so people living here have quite a lot happening around them.

Flats for Sale In Bodakdev include spacious 3, 4 and 5 BHK apartments. Prices vary according to the project, floor, size, construction and exact location, so two apartments in the same broad locality can still be priced very differently.

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Celestial Living, Shreeya Antilia and Nebula Tower are among the developments associated with the premium apartment segment here.

Bodakdev is also not only about large apartments. The established surroundings are part of what attracts buyers. Restaurants, retail destinations, schools and healthcare facilities are already present around the locality, which makes the area feel fairly complete.

For someone who prefers an established part of west Ahmedabad, the surrounding development can be as relevant as the apartment itself. Older residential pockets sit alongside newer premium projects, so there is some variation in the housing stock. The approach road, parking, building maintenance and the amount of activity around the property are worth noticing when visiting a particular flat.

Flats for Sale in Ambli

Ambli has taken a different direction over the years. A lot of the residential development here is newer and sits towards the premium end of the market, particularly around Iscon-Ambli Road.

The homes are often larger too.

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Flats for Sale In Ambli can range from around ₹2.50 crore to well above ₹10 crore for larger luxury residences, depending on the project, size and specifications.

Projects such as Skydeck Select by Saanvi Nirman, Eternity by Ratnaakar and Parshwa Luxuria are examples of developments associated with this part of Ahmedabad.

The surroundings are relatively quieter in some pockets, while the major roads and nearby commercial areas keep the locality connected with the rest of west Ahmedabad. For buyers looking for a larger apartment, this is one of the reasons Ambli tends to come into the conversation.

Ambli’s newer development also means that the appearance of the area can feel quite different from established localities such as Bodakdev. Large residential projects, wider roads in some stretches and ongoing development are noticeable around parts of the locality. At the same time, the exact experience depends heavily on where the property is located and which road it connects to.

Choosing Between the Three Localities

The differences are easier to understand once you actually drive through all three areas.

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Thaltej has a combination of established societies and newer residential projects. Bodakdev feels more settled, with established commercial and lifestyle areas around it. Ambli, meanwhile, has seen a lot of newer premium residential development and larger apartment projects.

Still, the locality name alone doesn’t tell you everything about a property.

The exact project matters. So does the road outside it.

Look at the actual carpet area, parking arrangement, construction quality, maintenance and surrounding development. Check the approach road too, especially if you visit during a quieter part of the day. A property can look quite different in person than it does in a listing.

For new projects, RERA registration and the stated possession schedule are worth checking as well.

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It can also help to look at nearby localities rather than keeping the search limited to one neighbourhood from the beginning. For example, readers researching Ahmedabad’s residential market can visit Contrank for more real-estate and property-related information. Looking at the wider market can give useful context when different areas start to look similar on a property search.

Whether you’re looking for a family apartment, a larger 4 BHK or a luxury home, comparing Thaltej, Bodakdev and Ambli gives you a better sense of the different residential options available across west Ahmedabad. The three areas are close geographically, but the residential experience, project types and surrounding development can vary quite a bit. Spending some time understanding those differences can make the property search more focused and help you shortlist homes that actually match what you are looking for.

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    Find the best real estate deals in Ahmedabad and Gandhinagar on Addressbox, India’s top property platform. Whether you’re looking to buy, sell, rent, or lease, explore residential and commercial properties in Ahmedabad and Gandhinagar. Find your perfect investment opportunity with us today.

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