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      • UP RERA clears 24 projects worth over ₹6,800 crore across 13 districts
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      UP RERA clears 24 projects worth over ₹6,800 crore across 13 districts

      UP RERA
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      The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 24 new real estate projects with a total estimated investment of ₹6,841.85 crore, marking a significant step toward strengthening the real estate sector in the state. Through these projects, approximately 7,830 residential and commercial units will be developed across 13 districts of Uttar Pradesh, contributing to planned urban development and expansion of housing and commercial infrastructure.

      These approvals were granted during the 198th Authority Meeting of UPRERA, held at the Authority’s headquarters under the chairmanship of Sanjay Bhoosreddy. The meeting reviewed multiple project proposals from different districts and approved those that met the regulatory and compliance requirements. The decisions taken in this meeting reflect the Authority’s ongoing commitment to promote transparency, accountability, and systematic growth in the real estate sector while safeguarding the interests of homebuyers.

      The newly-approved projects include a mix of residential, commercial, and mixed-use developments of Plots, Villas and shops which are expected to enhance urban infrastructure, increase housing availability, and stimulate economic activity across several regions of the state.

      Project Approvals Across Thirteen Districts

      Among all districts, Gautambuddh Nagar recorded the highest number of projects, investment value, and units approved. A total of five projects with an estimated investment of ₹5,218.41 crores were approved in the district. These projects will lead to the development of 2,969 units, including three commercial projects, one residential project, and one mixed-use development, further strengthening the district’s position as a major real estate investment destination in Uttar Pradesh.

      The state capital Lucknow ranked second in terms of number of approved projects and total units. The Authority approved four projects in the city with a combined investment of ₹132.65 crores. These projects will result in the development of 651 units, including three residential projects and one commercial project, addressing both housing demand and commercial expansion in the capital city.

      In Agra, three residential projects were approved with a total investment of ₹162.75 crores, which will add 312 residential units to the city’s organized housing supply.

      Similarly, Ghaziabad also received approval for three projects attracting an estimated investment of ₹83.85 crores. These projects will create 468 units, including two commercial developments and one residential project, contributing to the city’s expanding urban infrastructure.

      Among other districts, Mathura received approval for one residential project worth ₹9.13 crores, which will add 136 residential units. In Saharanpur, one residential project involving an investment of ₹324.95 crores was approved, under which 803 residential units will be developed.

      In Meerut, the Authority approved one residential project worth ₹183.63 crores, which will include 167 residential units. Baghpat received approval for one commercial project with an investment of ₹11.25 crores, involving the development of 97 units.

      Further approvals include one residential project in Gorakhpur with an investment of ₹30 crores comprising 182 units, and one residential project in Varanasi worth ₹11.20 crores, which will add 65 residential units.

      Additionally, Banda received approval for one residential project involving ₹86.84 crores of investment with 501 units to be developed. In Hapur, one commercial project worth ₹128.10 crores was approved, which will include 912 commercial units. Barabanki also received approval for one residential project involving an investment of ₹459.09 crores, under which 567 residential units will be developed.

      Boost to Employment and Economic Activity

      The cumulative investment of over ₹6,800 crores in these newly approved projects is expected to generate significant employment opportunities in the construction sector and allied industries. The development activities will also increase demand for construction materials, transport services, engineering expertise, and other supporting sectors, thereby contributing to the overall economic growth of 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.

      Commenting on the approvals, Sanjay Bhoosreddy, Chairman, UPRERA, stated that the Authority continues to focus on ensuring transparency, regulatory compliance, and timely completion of projects. He emphasized that a structured and transparent approval process encourages responsible development and strengthens the confidence of both investors and homebuyers. He reiterated that UPRERA remains committed to promoting balanced and sustainable growth of the real estate sector across the state.

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