U.P. RERA Greenlights 24 Real Estate Projects Worth ₹6,800 Crores Across 13 Districts

Lucknow / Gautam Buddh Nagar, March 17, 2026:

The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has approved 24 new real estate projects involving an investment of ₹6,841.85 crore. This development is set to deliver approximately 7,830 residential and commercial units across 13 districts, signaling a robust expansion of housing and commercial infrastructure throughout Uttar Pradesh, the organization said in a press release.

The approvals were finalized during the 198th Authority Meeting held at the U.P. RERA headquarters, chaired by Shri Sanjay Bhoosreddy. The Authority reviewed various proposals, selecting those that strictly adhered to regulatory and compliance standards. This move underscores the body’s mission to foster transparency and systematic growth while ensuring the interests of homebuyers remain protected. The projects comprise a diverse mix of plots, villas, and shops intended to stimulate regional economic activity.

Gautam Buddh Nagar emerged as the primary investment hub, leading the state in both project volume and financial value. The district secured five project approvals with an estimated investment of ₹5,218.41 crores. These developments will introduce 2,969 units to the region, including three commercial projects, one residential complex, and one mixed-use development, further cementing the district’s status as a premier real estate destination.

The state capital, Lucknow, followed closely with four approved projects totaling an investment of ₹132.65 crores. These projects will provide 651 units, addressing the growing demand for both housing and commercial space in the city. Other significant approvals were granted in Agra, where three residential projects will add 312 units, and Ghaziabad, which saw three projects approved to create 468 units across the residential and commercial sectors.

The development surge extends deep into the state’s interior. Saharanpur received a substantial residential project approval worth ₹324.95 crores for 803 units, while Barabanki secured a ₹459.09 crore residential project. Further projects were cleared in Meerut, Hapur, Banda, Gorakhpur, Varanasi, Mathura, Saharanpur, and Baghpat, ensuring a balanced distribution of urban growth across diverse geographical regions.

Beyond housing, the ₹6,800 crore investment is expected to be a significant catalyst for the state’s economy. The construction influx is projected to generate thousands of jobs and drive demand for engineering expertise, transport services, and raw materials. Officials noted that the steady rise in investment reflects the success of the state government’s reform policies and U.P. RERA’s rigorous oversight in building investor and consumer confidence.

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. Buy Adspace