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The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved eight new real estate projects, collectively valued at INR 1,948 crore. These developments will deliver 3,005 residential and commercial units across Lucknow, Prayagraj, Agra, Jhansi, Noida, and Firozabad. UP RERA Chairperson Sanjay Bhoosreddy noted that these approvals reflect growing trust and stability in the state's real estate sector, supporting both housing growth and economic progress while enhancing investor confidence.
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) recently sanctioned eight real estate projects with a combined investment of INR 1,948 crore. The developments are expected to add 3,005 residential and commercial units across key cities, including Lucknow, Prayagraj, Agra, Jhansi, Noida, and Firozabad. Advertisement
Among these projects, three are located in Lucknow, with the remaining five spread across Prayagraj, Agra, Jhansi, Noida, and Firozabad. The new units will include a mix of flats, apartments, villas, plotted developments, shops, and other commercial spaces, catering to diverse housing and business needs in the region.
UP RERA Chairperson Sanjay Bhoosreddy stated that the approval of these projects reflects a reliable and steady trajectory for the state's real estate sector. He highlighted that the investment of INR 1,948 crore and the addition of over 3,000 new units are significant for both economic growth and housing development in Uttar Pradesh.
This development aligns with UP RERA's efforts to promote balanced regional growth. Established hubs such as Gautam Budh Nagar, Ghaziabad, and Lucknow continue to dominate, while newer districts like Barabanki are gradually emerging on the state's real estate map. In addition, UP RERA recently approved 21 projects with an estimated investment of INR 7,035 crore, set to deliver 10,866 units including residential apartments, villas, flats, plotted developments, and commercial spaces such as shops.
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