Lucknow/Gautam Buddha Nagar: Uttar Pradesh’s real estate sector continued its strong growth trajectory in the first half of 2026, with the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) reporting a rise in project registrations, housing supply, capital investment, and consumer dispute resolution. The authority’s half-yearly report highlights growing investor confidence and strengthening regulatory compliance, reinforcing the state’s position as one of India’s fastest-growing real estate markets.
UP RERA registered 143 new real estate projects between January and June 2026, up from 134 projects during the corresponding period in 2025. These developments propose the construction of 46,049 residential units, a significant increase over the 35,082 units planned in the first half of 2025. The projects are expected to attract investments worth approximately ₹31,952 crore.
Lucknow emerged as the state leader in terms of project registrations with 37 projects, followed by Gautam Buddha Nagar (27) and Ghaziabad (19). Other active districts included Agra and Mathura with 10 projects each, Varanasi with seven, and Jhansi, Barabanki, Bareilly and Prayagraj with three projects each.
Despite having fewer projects than Lucknow, Gautam Buddha Nagar accounted for the highest investment at ₹15,678 crore and proposed 13,160 residential units, reflecting the dominance of large-scale luxury and premium housing developments. Ghaziabad attracted ₹3,989 crore in investment for 9,500 units, while Lucknow recorded ₹3,834 crore in investment across 9,872 units.
The report indicates that Uttar Pradesh’s real estate expansion is no longer confined to the National Capital Region (NCR). Several cities across the state are emerging as new real estate hubs, supported by improved infrastructure, investor-friendly policies and effective regulatory oversight.
UP RERA’s annual data also reflects sustained momentum over the past three years. Registered projects increased from 197 in 2023 to 259 in 2024 and 308 in 2025, representing a nearly 19 per cent year-on-year rise in 2025. Residential units grew from 55,297 in 2023 to 69,365 in 2024 and 84,976 in 2025, a 22.5 per cent increase over the previous year. With the addition of 46,049 units in the first half of 2026, the cumulative number of proposed residential units since 2023 has reached 255,687.
Capital investment has also witnessed robust growth, increasing from ₹28,411 crore in 2023 to ₹44,526 crore in 2024, before reaching ₹68,328 crore in 2025, a year-on-year jump of nearly 53.5 per cent.
The authority has also strengthened consumer protection through effective recovery and enforcement mechanisms. UP RERA facilitated the return of ₹2,173.78 crore to homebuyers in 8,212 cases. This included ₹1,623.28 crore transferred directly to the bank accounts of allottees in 6,411 cases following recoveries by district authorities, while ₹550.50 crore was secured for 1,801 allottees through settlements based on recovery certificates.
In addition, property disputes worth more than ₹6,032.42 crore were resolved through various UP RERA platforms in 11,558 cases. These included ₹1,958 crore settled in 3,237 cases before UP RERA benches, ₹657 crore resolved in 1,648 cases through the Conciliation Forum, and ₹3,417.42 crore involving 6,673 allottees settled amicably through the UP RERA portal.
The authority’s digital grievance redressal initiative, RERA Samvad, launched during the COVID-19 pandemic in May 2020, has become an effective platform for virtual hearings and timely resolution of stakeholder issues. UP RERA has organised 206 editions of the programme, successfully resolving 5,375 cases.
UP RERA Chairman Sanjay Bhoosreddy said the half-yearly report reflects growing confidence among homebuyers and investors. He noted that the steady rise in project registrations, housing supply and capital investment demonstrates the impact of the state government’s development-oriented policies and UP RERA’s commitment to transparency, accountability and timely project execution. He added that the emergence of new real estate centres beyond the NCR is a positive sign of balanced regional growth, and reaffirmed the authority’s commitment to strengthening regulatory compliance, protecting consumer interests and promoting responsible real estate development across Uttar Pradesh.
