Lucknow / Gautam Buddh Nagar: The Uttar Pradesh Real Estate Regulatory Authority has approved 13 new real estate projects with a total estimated investment of over ₹1,300.38 crore, paving the way for the development of nearly 1,976 residential and commercial units across eight districts in the state.
The approvals were granted during the authority’s 200th meeting held at its headquarters, where proposals from multiple districts were reviewed and cleared after ensuring compliance with regulatory norms. The move is expected to further strengthen planned urban development and organized growth in Uttar Pradesh’s real estate sector.
Among the districts, Ghaziabad emerged as the leader in terms of investment and number of units. Two residential projects worth ₹767.58 crore were approved in the district, which will add 1,137 housing units, reinforcing its position as a key real estate hub in the NCR region.
Lucknow recorded the highest number of approved projects, with five developments worth ₹66.55 crore set to deliver 404 units. These include two residential, two commercial, and one mixed-use project, contributing to balanced urban expansion in the state capital.
In Gautam Buddh Nagar, a commercial project worth ₹141.14 crore was approved, which will create 21 commercial units. Similarly, Mathura received approval for a ₹160.93 crore residential project comprising 198 units.
Other districts benefiting from the approvals include Saharanpur (₹131.49 crore, 83 units), Bareilly (₹16.33 crore, 84 units), Varanasi (₹2.50 crore, 20 commercial units), and Moradabad (₹13.86 crore, 29 residential units).
Officials noted that the projects will significantly boost economic activity and generate employment during the construction phase, benefiting sectors such as labour, engineering, transport, and building materials.
Commenting on the development, UP RERA Chairman Sanjay Bhoosreddy said the authority remains committed to ensuring transparent, accountable, and well-regulated growth in the real estate sector. He highlighted that the milestone 200th meeting reflects the steady pace of development in the state and reinforces investor confidence.
The authority emphasized that timely approvals, strict monitoring, and adherence to regulatory standards will continue to safeguard homebuyers’ interests while promoting sustainable and planned urban expansion across Uttar Pradesh.
