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      • UP RERA approves 12 projects worth ₹4,100 cr, paving way for 7,147 units
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      UP RERA approves 12 projects worth ₹4,100 cr, paving way for 7,147 units

      U.P. RERA
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      The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has approved 12 new real estate projects with a cumulative investment of ₹4,100.18 crore, marking a strong start to 2026 for the state’s real estate sector. The approvals, granted during U.P. RERA’s 193rd Authority Meeting, will lead to the development of 7,147 residential and commercial units across six districts of Uttar Pradesh.

      These approvals were granted in the 193rd Authority Meeting, which was also the first Authority Meeting of U.P. RERA in 2026, held at the U.P. RERA headquarters under the chairmanship of Shri Sanjay Bhoosreddy, Chairman, U.P. RERA, in the presence of senior officials. The decisions taken in this meeting reflect the Authority’s continued commitment to transparent, planned, and time-bound development of the real estate sector.

      The approved projects comprise residential as well as commercial developments, aimed at strengthening urban infrastructure, expanding housing availability, and promoting economic growth in different regions of the state. U.P. RERA reiterated its focus on safeguarding the interests of homebuyers while ensuring strict compliance with regulatory norms and project timelines.

      Project Approvals Across Six Districts

      Gautambuddh Nagar emerged as the leading district in terms of investment, with three projects approved at an estimated cost of ₹2,460.59 crores. These projects will result in the construction of 1,937 residential units, further reinforcing the district’s status as a major real estate and investment hub.

      In Lucknow, the state capital, five projects were approved with a total investment of ₹1,091.16 crores. Under these projects, 3,569 units will be developed, including 2,964 residential units and 605 commercial units, supporting both housing demand and commercial activity in the city.

      In Mathura, approval was granted to one residential project involving an investment of ₹300.81 crores, under which 504 residential units will be constructed, contributing to organized residential development in the region.

      Similarly, Agra received approval for one residential project with an estimated investment of ₹201.91 crores, which will add 949 residential units to the city’s housing stock.

      In Varanasi, one residential project worth ₹36.92 crores was approved, involving the construction of 80 residential units, while Jhansi received approval for one residential project with an investment of ₹8.79 crores, under which 108 residential units will be developed.

      Boost to Employment and Economic Activity

      The cumulative investment of ₹4,100.18 crores in these approved projects is expected to generate significant employment opportunities during the construction phase and beyond. Increased demand for construction materials, transport, engineering services, and other allied sectors will further contribute to economic growth in the state.

      Strengthening Investor and Homebuyer Confidence

      The continued rise in real estate investment in Uttar Pradesh highlights the positive impact of the state government’s reform-oriented policies and U.P. RERA’s effective regulatory oversight. Simplified approval mechanisms, strict monitoring, and a transparent regulatory framework have strengthened investor confidence and ensured greater protection for homebuyers.

      Chairman’s Statement

      Commenting on the approvals, Sanjay Bhoosreddy, Chairman, U.P. RERA, stated that the Authority’s transparent and time-bound approval process, along with strict regulatory supervision, has played a key role in enhancing confidence in the real estate sector. He reiterated that U.P. RERA remains committed to protecting the interests of homebuyers and ensuring timely completion of projects in accordance with prescribed standards. The approvals granted in the first Authority Meeting of 2026 mark an important step towards sustained and balanced real estate development in Uttar Pradesh.

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