The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 35 real estate projects worth Rs 9,000 crore over the past month.
The approvals span cities across the state, from NCR to emerging urban centers like Ayodhya, Jhansi, and Moradabad, reflecting a shift toward balanced regional growth. In the first week of October, UP RERA approved eigth projects worth Rs 1,948 crore, adding 3,005 residential and commercial units. A week earlier, 21 projects worth Rs 7,035 crore were approved, contributing 10,866 units. These developments are expected to create significant employment in construction and allied sectors like cement, steel, and home décor.
The capital infusion will also boost urban infrastructure, logistics, and retail, reinforcing UP’s status as a top investment destination. Chairman Sanjay Bhoosreddy stated, "This is expected to not only accelerate infrastructure development but also reinforce investor and homebuyer confidence in the regulated real estate environment of Uttar Pradesh."