The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 16 new real estate projects across nine districts of the state, with a total investment of Rs 3,200.16 crore.
The decision, announced on December 15, will develop 3,845 residential, commercial, and mixed-use units. The largest share of investment is directed towards Lucknow, which has received approval for six projects worth Rs 2,154.69 crore. These projects include two residential, two mixed-use, and two commercial developments, totaling 1,406 units. Other districts such as Agra and Ghaziabad have also received approvals, with Agra getting two projects worth Rs 200.69 crore and Ghaziabad securing two commercial projects valued at Rs 74.18 crore.
Sanjay Bhoosreddy, Chairperson of UP RERA, highlighted that the approved projects would contribute to the state’s real estate growth and infrastructure development.