UP RERA Clears 16 Projects Worth Rs 32 Billion Across State
Real Estate

UP RERA Clears 16 Projects Worth Rs 32 Billion Across State

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 16 new real estate projects across nine districts, involving a total estimated investment of Rs 32.00 billion, with Lucknow accounting for the largest share in both project count and value. The approvals were granted during the authority’s 190th meeting held at the UP RERA headquarters under the chairmanship of Sanjay Bhoosreddy.

According to UP RERA, the approved developments will result in 3,845 residential, commercial and mixed-use units across the state. Lucknow emerged as the biggest contributor with six projects involving an investment of Rs 21.55 billion. These include two residential, two mixed-use and two commercial projects, together comprising 1,406 units.

Agra received approval for two projects with a combined investment of Rs 2.01 billion, covering one residential and one mixed-use development with 668 units. Ghaziabad was cleared for two commercial projects worth Rs 0.74 billion, involving 210 units. In other districts, Bareilly was approved for one residential project valued at Rs 1.04 billion with 454 units, Prayagraj for one residential project worth Rs 0.06 billion with 74 units, and Aligarh for one residential project amounting to Rs 0.77 billion with 142 units.

Jhansi secured approval for one residential project valued at Rs 0.16 billion with 220 units, Mathura–Vrindavan for one residential project worth Rs 0.50 billion with 127 units, and Moradabad for one residential project involving an investment of Rs 5.16 billion and 544 units.

Officials said the mix of residential, commercial and mixed-use developments reflects a focus on planned and regionally balanced urban growth. The approvals in Lucknow and Ghaziabad, particularly in the commercial and mixed-use segments, point to rising investment activity in key urban business centres.

UP RERA said the overall investment of more than Rs 32 billion is expected to generate significant direct and indirect employment while supporting allied sectors such as construction materials, transport, finance and services. Bhoosreddy said the approvals indicate sustained momentum in the state’s real estate sector. He added that the investments would strengthen the construction ecosystem, create employment opportunities and ensure the availability of quality housing and commercial infrastructure, while reaffirming UP RERA’s commitment to transparency, regulatory compliance and the protection of homebuyers’ interests.

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 16 new real estate projects across nine districts, involving a total estimated investment of Rs 32.00 billion, with Lucknow accounting for the largest share in both project count and value. The approvals were granted during the authority’s 190th meeting held at the UP RERA headquarters under the chairmanship of Sanjay Bhoosreddy. According to UP RERA, the approved developments will result in 3,845 residential, commercial and mixed-use units across the state. Lucknow emerged as the biggest contributor with six projects involving an investment of Rs 21.55 billion. These include two residential, two mixed-use and two commercial projects, together comprising 1,406 units. Agra received approval for two projects with a combined investment of Rs 2.01 billion, covering one residential and one mixed-use development with 668 units. Ghaziabad was cleared for two commercial projects worth Rs 0.74 billion, involving 210 units. In other districts, Bareilly was approved for one residential project valued at Rs 1.04 billion with 454 units, Prayagraj for one residential project worth Rs 0.06 billion with 74 units, and Aligarh for one residential project amounting to Rs 0.77 billion with 142 units. Jhansi secured approval for one residential project valued at Rs 0.16 billion with 220 units, Mathura–Vrindavan for one residential project worth Rs 0.50 billion with 127 units, and Moradabad for one residential project involving an investment of Rs 5.16 billion and 544 units. Officials said the mix of residential, commercial and mixed-use developments reflects a focus on planned and regionally balanced urban growth. The approvals in Lucknow and Ghaziabad, particularly in the commercial and mixed-use segments, point to rising investment activity in key urban business centres. UP RERA said the overall investment of more than Rs 32 billion is expected to generate significant direct and indirect employment while supporting allied sectors such as construction materials, transport, finance and services. Bhoosreddy said the approvals indicate sustained momentum in the state’s real estate sector. He added that the investments would strengthen the construction ecosystem, create employment opportunities and ensure the availability of quality housing and commercial infrastructure, while reaffirming UP RERA’s commitment to transparency, regulatory compliance and the protection of homebuyers’ interests.

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