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The Uttar Pradesh Real Estate Regulatory Authority has approved 16 new real estate projects across nine districts, involving a total investment of about INR 3,200 crore. Lucknow led the approvals with six projects worth over INR 2,150 crore, covering residential, commercial and mixed-use developments and adding more than 1,400 units. Other cities including Agra, Ghaziabad, Moradabad, Bareilly, Jhansi and Mathura-Vrindavan also received clearances, largely in the residential segment. The approvals reflect steady momentum in regulated real estate development across the state. The projects are expected to boost housing supply, support urban infrastructure growth and generate employment across construction and allied sectors.
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 16 new real estate projects across nine districts of the state, involving a cumulative investment of approximately INR 3,200.16 crore. The approvals were granted during the authority's 190th meeting held earlier this week, reflecting continued traction in regulated real estate development across key urban centres. Advertisement
Lucknow emerged as the largest contributor, with six projects accounting for investments worth INR 2,154.69 crore. These projects span residential, commercial and mixed-use formats, indicating diversified development activity in the state capital. Collectively, the Lucknow projects will add 1,406 units, reinforcing the city's position as a major hub for both housing demand and commercial expansion.
Agra received approvals for two projects involving a combined investment of INR 200.69 crore. These include one residential and one mixed-use development, together contributing 668 units. Ghaziabad was cleared for two commercial projects with an investment of INR 74.18 crore, adding 210 units and underlining growing interest in commercial real estate in established business corridors.
Other districts also witnessed approvals across the residential segment. Bareilly received clearance for a residential project worth INR 104 crore comprising 454 units, while Prayagraj was approved for a smaller residential development valued at INR 6.05 crore with 74 units. Aligarh secured approval for a residential project with an estimated investment of INR 77.47 crore, adding 142 units to the local housing stock.
In addition, Jhansi was granted approval for a residential project worth INR 16.26 crore with 220 units, Mathura-Vrindavan for a residential project valued at INR 50.48 crore comprising 127 units, and Moradabad for a large residential development involving an investment of INR 516.34 crore and 544 units.
The mix of residential, commercial and mixed-use projects points to an emphasis on planned and regionally balanced urban development. Notably, approvals in Lucknow and Ghaziabad, particularly in commercial and mixed-use categories, suggest rising investor confidence in urban business and employment centres.
The cumulative investment of over INR 3,200 crore is expected to generate significant direct and indirect employment while supporting allied sectors such as construction materials, logistics, finance and professional services. The authority reiterated that the approvals reflect sustained growth in the state's real estate sector, alongside continued focus on transparency, regulatory compliance and safeguarding the interests of homebuyers.
Source - PTI
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