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      • UP RERA approves 13 realty projects worth over ₹3,000 crore across eight districts
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      UP RERA approves 13 realty projects worth over ₹3,000 crore across eight districts

      UP RERA
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      The Uttar Pradesh Real Estate Regulatory Authority has approved 13 new real estate projects with a cumulative estimated investment of ₹3,052.73 crores across eight districts of the state. Through these projects, nearly 4,772 residential and commercial units will be developed, further accelerating planned urban growth and real estate development in Uttar Pradesh.

      These approvals were granted during the 202nd Authority Meeting held at the U.P. RERA headquarters under the chairmanship of Sanjay Bhoosreddy in the presence of senior officials of the Authority. The meeting reviewed multiple project proposals and approved projects that fulfilled the prescribed regulatory requirements.

      The newly approved projects include both residential and commercial developments aimed at expanding housing availability, strengthening commercial infrastructure, and promoting balanced regional development. UPRERA reiterated that timely approvals, transparent procedures, and strict monitoring of project execution remain central to the Authority’s efforts to safeguard the interests of homebuyers and ensure accountability in the real estate sector.

      Project Approvals Across Eight Districts

      Ghaziabad emerged as the leading district in terms of number of projects, investment value, and total units approved. A total of four projects with a combined investment of ₹1,936.72 crores received approval in the district. These projects will lead to the development of 2,199 units, including three commercial projects and one residential project, further strengthening Ghaziabad’s position as a major commercial and real estate destination in the National Capital Region.

      Gautambuddh Nagar ranked second in terms of total investment and units approved. One commercial project with an estimated investment of ₹420.50 crores was approved in the district. The project will comprise 855 commercial units and is expected to contribute significantly to the growing business and commercial ecosystem of the region.

      In Agra, approval was granted to two residential projects involving a total investment of ₹246.94 crores. These projects will result in the construction of 797 residential units, supporting the increasing demand for organized housing infrastructure in the city.

      Lucknow also received approval for two residential projects with a combined investment of ₹216.14 crores. A total of 364 residential units will be developed under these projects, further expanding residential infrastructure in the state capital.

      Apart from these major districts, approval was also granted to one-one residential and

      commercial project each in several other districts. In Mathura, a commercial project worth ₹10.28 crores involving 81 units received approval. Varanasi received approval for a residential project with an investment of ₹41.12 crores under which 131 units will be developed.

      Similarly, one residential project worth ₹102.69 crores was approved in Prayagraj, involving the construction of 241 residential units. In Barabanki, a residential project

      with an estimated investment of ₹78.34 crores was approved, under which 104 residential units will be developed.

      Boost to Economic Growth and Employment

      The approved projects are expected to generate substantial employment opportunities during construction and subsequent operational phases. Increased economic activity in sectors such as construction materials, transport, engineering, architecture, financial services, and allied industries is also expected to contribute positively to the state economy.

      Enhancing Transparency and Buyer Confidence

      U.P. RERA stated that the steady pace of project approvals reflects the increasing confidence of developers and investors in Uttar Pradesh’s regulatory environment. The Authority continues to focus on transparent governance, timely project registration, and strict enforcement of regulatory provisions to ensure greater accountability and protection for homebuyers.

      Commenting on the approvals, Chairman Sanjay Bhoosreddy said that UPRERA remains committed to ensuring transparent, efficient, and time-bound regulation of the real estate sector. He stated that the Authority’s continuous monitoring and regulatory oversight are helping create a more disciplined and reliable real estate ecosystem in the state. He further emphasized that all stakeholders, including promoters and developers, are expected to adhere strictly to project timelines and regulatory obligations so that the interests of homebuyers remain fully protected.

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