Lucknow: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 15 real estate projects across eight districts of the state, involving proposed investments of ₹1,226.57 crore. The approved projects are expected to create 1,549 residential and commercial units, boosting real estate development and generating economic opportunities across Uttar Pradesh.
Lucknow leads in terms of the number of approved projects, proposed investment and residential units. The city has received approval for seven residential projects involving an investment of ₹471.24 crore, with 599 residential units planned.
The approvals were granted during UP RERA’s 216th authority meeting, held at its headquarters on Tuesday under the chairmanship of UP RERA Chairman Sanjay Bhoosreddy. After examining the proposals, the authority approved all 15 projects in accordance with the prescribed regulatory process.
UP RERA has stated that the development of the approved projects must comply with the provisions of the Real Estate (Regulation and Development) Act, with construction to be completed within the stipulated timelines.
UP RERA Approves 15 Projects Worth ₹1,226.57 Crore
The 15 approved projects cover residential, commercial and mixed-use developments across eight districts: Lucknow, Varanasi, Barabanki, Mathura, Moradabad, Agra, Meerut and Bulandshahr.
The projects are expected to expand the state’s housing and commercial infrastructure while attracting investment to the real estate sector.
The district-wise distribution highlights Lucknow’s leading position, followed by significant proposed developments in Varanasi and Mathura. Other districts will also benefit from new residential, commercial and mixed-use projects.
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Lucknow Leads with Seven Residential Projects
Lucknow accounts for the largest share of the approved projects, with seven residential developments receiving approval. These projects involve a proposed investment of ₹471.24 crore and are expected to deliver 599 residential units.
The approvals strengthen Lucknow’s position as a major centre for real estate investment in Uttar Pradesh. The planned residential developments are expected to contribute to the city’s housing supply and support related construction activities.
Varanasi Gets Two Projects Worth ₹166.73 Crore
Varanasi ranks second in terms of approved project activity. UP RERA has approved two projects in the district, comprising one residential project and one mixed-use development.
The projects involve a combined proposed investment of ₹166.73 crore and are expected to deliver 330 units.
The approvals will support residential and mixed-use development in the city, adding to the state’s broader real estate expansion.
District-Wise Details of the Approved Real Estate Projects
The approved projects across the eight districts include the following investments and proposed units:
- Lucknow: 7 residential projects; proposed investment of ₹471.24 crore; 599 residential units.
- Varanasi: 2 projects—one residential and one mixed-use; proposed investment of ₹166.73 crore; 330 units.
- Barabanki: 1 residential project; proposed investment of ₹12.68 crore; 92 residential units.
- Mathura: 1 residential project; proposed investment of ₹252.80 crore; 310 residential units.
- Moradabad: 1 mixed-use project; proposed investment of ₹42.34 crore; 4 units.
- Agra: 1 commercial project; proposed investment of ₹135 crore; 29 commercial units.
- Meerut: 1 residential project; proposed investment of ₹26.44 crore; 63 residential units.
- Bulandshahr: 1 mixed-use project; proposed investment of ₹119.34 crore; 122 units.
- Total: 15 projects across eight districts, with a proposed investment of ₹1,226.57 crore and 1,549 planned units.
The figures reflect the proposed investments and units reported for the approved projects.
Residential Projects Approved in Barabanki, Mathura and Meerut
UP RERA has approved one residential project each in Barabanki, Mathura and Meerut.
In Barabanki, the approved project involves an investment of ₹12.68 crore and is expected to provide 92 residential units.
Mathura’s residential project has a proposed investment of ₹252.80 crore, with 310 residential units planned. This makes it one of the largest individual investments among the approved projects.
In Meerut, the approved residential development involves an investment of ₹26.44 crore and is expected to deliver 63 residential units.
Commercial and Mixed-Use Projects Approved in Agra, Moradabad and Bulandshahr
The approvals also cover commercial and mixed-use developments in Agra, Moradabad and Bulandshahr.
In Agra, one commercial project has been approved with a proposed investment of ₹135 crore. The development is expected to comprise 29 commercial units.
Moradabad has received approval for one mixed-use project involving an investment of ₹42.34 crore, with four units planned.
In Bulandshahr, one mixed-use project has been approved with a proposed investment of ₹119.34 crore. The project is expected to deliver 122 units.
These projects will contribute to the development of commercial and mixed-use infrastructure in the respective districts.
Real Estate Approvals Expected to Support Employment and Related Industries
The approved projects are expected to generate economic activity beyond the real estate sector. Construction and development work can create demand for building materials, transportation, engineering services, labour and other related industries.
The investments are also expected to support employment opportunities and business activity in the districts where the projects will be developed.
The scale and distribution of the approvals reflect continuing investment interest in residential, commercial and mixed-use real estate across Uttar Pradesh.
UP RERA Chairman Highlights Timely Approvals and Project Monitoring
UP RERA Chairman Sanjay Bhoosreddy said the authority was approving eligible real estate projects in accordance with the prescribed procedures and monitoring their development.
He emphasised the importance of granting approvals on time while ensuring that projects comply with the Real Estate (Regulation and Development) Act.
The authority’s approval process and monitoring responsibilities are intended to support regulatory compliance and ensure that developers complete projects within the stipulated timelines.
With 15 projects approved across eight districts, UP RERA aims to facilitate planned real estate development and support investment in Uttar Pradesh’s housing and commercial infrastructure.
