The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 16 new real estate projects across nine districts of the state, paving the way for an estimated investment of ₹3,200.16 crore and the development of 3,845 residential, commercial and mixed-use units. The move is expected to strengthen transparency, boost investor confidence and promote balanced urban growth in Uttar Pradesh.
The approvals were granted during the 190th Authority meeting, chaired by UP RERA Chairman Sanjay Bhusareddy. Officials said Lucknow accounted for the highest number of approved projects, underlining the city’s growing importance as a real estate and investment hub.
Lucknow Leads with Six Projects
Lucknow received approval for six projects, involving a proposed investment of ₹2,154.69 crore. These include two residential, two mixed-use and two commercial projects, which together will add 1,406 units to the city’s real estate inventory.
Project-Wise Distribution Across Districts
Other districts that received approvals include:
- Agra: Two projects (one residential and one mixed-use) with an investment of ₹200.69 crore, comprising 668 units.
- Ghaziabad: Two commercial projects worth ₹74.18 crore, adding 210 units.
- Bareilly: One residential project costing ₹104 crore, with 454 units.
- Prayagraj: One residential project with an investment of ₹6.05 crore, comprising 74 units.
- Aligarh: One residential project worth ₹77.47 crore, adding 142 units.
- Jhansi: One residential project costing ₹16.26 crore, with 220 units.
- Mathura–Vrindavan: One residential project worth ₹50.48 crore, comprising 127 units.
- Moradabad: One large residential project with an investment of ₹516.34 crore, adding 544 units.
Boost to Employment and State Economy
UP RERA officials said the approved projects are likely to generate significant direct and indirect employment across sectors such as construction, transport, finance, services and allied industries. The overall impact is expected to provide a strong boost to the state’s economy.
Speaking on the occasion, UP RERA Chairman Sanjay Bhusareddy said the approvals reflect the authority’s commitment to sustained and balanced growth in the real estate sector.
“This investment will not only strengthen the construction industry but also create new employment opportunities and ensure the availability of quality residential and commercial infrastructure. UP RERA remains fully committed to transparency, regulatory compliance and the protection of homebuyers’ interests,” he said.
The latest approvals reaffirm Uttar Pradesh’s position as an increasingly attractive destination for real estate investment and planned urban development.
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