New Launch - India Real Estate Report 2026.
UP RERA approves 13 projects worth Rs 2,380 crore
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 13 real estate projects.
The estimated investment is Rs 2,380.04 crore. The projects span six districts. Barabanki accounts for the highest investment, while Lucknow leads in the number of units.
The approved projects will lead to the construction of 4,724 residential and commercial units.
They are located in Barabanki, Lucknow, Varanasi, Ghaziabad, Gautam Buddh Nagar and Agra, according to a statement issued by RERA.
Barabanki tops investment, Lucknow leads on units
Barabanki, which adjoins Lucknow, topped the districts in terms of proposed investment.
Two residential projects worth Rs 751.42 crore have been approved there. Together, they will have 591 residential units.
Lucknow leads in the number of units. A single residential project there involves an investment of Rs 385.76 crore and 1,392 units.
Varanasi has received approval for three residential projects. These involve an estimated investment of Rs 750.24 crore and 1,189 units.
Also Read: UPRERA Eyes 400 Project Approvals in 2026 as Infrastructure Boosts UP Realty
Approvals across Ghaziabad, Noida and Agra
In Ghaziabad, three projects have been approved. This includes two commercial and one residential project, with an estimated investment of Rs 286.27 crore. They will have 864 units.
Gautam Buddh Nagar, which includes Noida, has received approval for one residential and one commercial project. The estimated investment is about Rs 186 crore, with 564 units.
Two residential projects in Agra involve an estimated investment of Rs 20.35 crore. These will have 124 units. The approvals were granted during the authority's 212th and 213th meetings, held at UP RERA headquarters and chaired by chairman Sanjay Bhoosreddy.
Also Read: UPRERA Consolidates Rules: Key Changes for Homebuyers
What UP RERA says about the impact
UP RERA said the development of registered projects, within prescribed rules and timelines, through transparent processes, remains a priority for the authority.
It said the newly approved projects would expand residential and commercial facilities in the state and accelerate construction activity.
The authority said the proposed investment of Rs 2,380.04 crore will increase activity in the construction sector.
It added that construction material, transportation, engineering and other related sectors were also expected to benefit. UP RERA said the projects are likely to create direct and indirect employment opportunities and boost economic activity at the local level.
It attributed the growth in real estate activity partly to the state government's investment-friendly policies and simplified procedures, aimed at promoting housing, urban development and investment.
Protecting homebuyers' interests and strengthening their confidence in the real estate sector remains among the authority's priorities, it said.
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