Business Economy


UP RERA clears 16 real rstate projects worth Rs 3,200 crore across 9 districts

Lucknow, Dec 15 (UNI) The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has approved 16 new real estate projects across nine districts of the state, involving a total investment of Rs 3,200.16 crore.
These projects will lead to the development of 3,845 residential, commercial, and mixed-use units, reinforcing transparency, planned growth, and investor confidence in Uttar Pradesh’s real estate sector.
The approvals were granted during the 190th Authority meeting held at the UP RERA headquarters under the chairmanship of Sanjay Bhoosreddy, Chairperson, UP RERA, along with senior officials, here today.
Lucknow accounts for the largest share, with six approved projects involving an investment of Rs 2,154.69 crore. These include two residential, two mixed-use, and two commercial projects, together comprising 1,406 units. Agra has received approvals for two projects worth Rs 200.69 crore—one residential and one mixed-use—covering 668 units. Ghaziabad has been cleared for two commercial projects worth Rs 74.18 crore, adding 210 units.
Among other districts, Bareilly has one residential project worth Rs 104 crore with 454 units, while Prayagraj has one residential project worth Rs 6.05 crore with 74 units. Aligarh received approval for a residential project worth Rs 77.47 crore with 142 units, and Jhansi for one residential project worth Rs 16.26 crore with 220 units. Mathura–Vrindavan has one residential project worth Rs 50.48 crore with 127 units, while Moradabad has been approved for a major residential project worth Rs 516.34 crore with 544 units.
The diverse mix of residential, commercial, and mixed-use developments reflects U.P. RERA’s focus on balanced regional development. The large-scale investment is expected to boost employment and stimulate allied sectors such as construction, transport, and services.
Backed by the state government’s reform-driven policies and strong regulatory framework, Uttar Pradesh continues to emerge as a preferred destination for real estate investment.
UNI PRI SS
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