RERA

UP RERA Approves 10 New Real Estate Projects Worth Rs 1,412 Crore Across Five Districts

By Realtynmore 1h ago

Lucknow, August 4, 2026: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 10 new real estate projects across five districts of the state, involving a total estimated investment of ₹1,412.55 crore. A total of 1,632 residential and commercial units will be constructed under these newly sanctioned projects, aimed at supporting planned urban development and boosting activity in the region’s real estate sector, UP RERA said in a press release.

The approvals were granted during the 207th Authority Meeting held at the UP RERA headquarters, which was chaired by UP RERA Chairman Sanjay Bhoosreddy. The Authority granted approval following detailed discussions on the projects, which include a mix of residential, commercial, and mixed-use developments aimed at delivering housing and modern commercial facilities across various cities.

In terms of capital deployment, Ghaziabad led the state with an estimated investment of ₹957.20 crore across two approved projects—one residential and one commercial—comprising 625 total units. Gautam Buddha Nagar ranked first in the volume of units created, with three commercial projects approved involving an estimated investment of ₹281.64 crore and creating 680 commercial units.

Elsewhere in the state, Lucknow received approval for three projects, including two residential and one commercial development, representing an investment of ₹26.57 crore and 215 total units. In Gorakhpur, one mixed-use project with an estimated investment of ₹144.09 crore and 69 units was approved. Additionally, Moradabad saw the approval of one residential project with an estimated investment of ₹3.05 crore to construct 43 residential units.

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The total influx of ₹1,412.55 crore is expected to accelerate construction activity while generating new direct and indirect employment opportunities across Uttar Pradesh. The increased activity is also anticipated to drive demand for construction materials, transportation, and engineering services, contributing to broader regional economic growth.

Speaking on the approval of these projects, UP RERA Chairman Sanjay Bhoosreddy said that the Authority is continuously promoting transparency, accountability, and timely development in the real estate sector. He added that quick project approvals and effective monitoring are creating a better environment for both homebuyers and promoters. He expressed confidence that UP RERA will continue to ensure strict compliance with the provisions of the RERA Act, protect the interests of consumers, and promote balanced and well-planned real estate development across the state.

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