UP RERA Approves 15 New Projects Worth Rs 2,434 Crore to Boost Real Estate Sector

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 15 new real estate projects across eight districts, with a total investment of Rs 2,434 crore. This move aims to enhance transparency, accountability, and balanced growth in the state's real estate sector.

Real EstateUp ReraHousingDevelopmentInvestmentReal Estate NewsOct 31, 2025

UP RERA Approves 15 New Projects Worth Rs 2,434 Crore to Boost Real Estate Sector
Real Estate News:The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 15 new real estate projects across eight districts of the state, with a total estimated investment of Rs 2,434 crore. This significant development marks another step towards promoting transparency, accountability, and balanced growth in Uttar Pradesh’s real estate sector.

The decision was taken during the 187th Authority meeting, held at the UP RERA headquarters under the chairmanship of Sanjay Bhoosreddy, Chairperson of UP RERA. The meeting was attended by many senior officials. The approved projects will together comprise 3,043 flats, 98 plots, and 50 shops.

District-wise, three projects each have been approved in Lucknow and Shahjahanpur, two each in Mathura, Moradabad, and Ghaziabad, and one project each in Hapur, Noida, and Jhansi, making a total of 15. Most of the approved projects are residential, while commercial projects have been sanctioned in Moradabad, Ghaziabad, and Hapur. This balanced spread underscores the growing real estate potential in various parts of the state and highlights UP RERA’s focus on regionally inclusive development.

With three approved projects, Shahjahanpur has recorded the highest number of clearances in this meeting. The district is fast emerging as a promising real estate destination, with the new residential projects expected to provide improved housing facilities and generate new opportunities for employment and business.

Famous for its brass industry, Moradabad is now transforming into a hub of modern urban development. The city has received approval for two projects, including one residential and one commercial. These projects will introduce contemporary apartments, shopping complexes, and office spaces, enhancing the city’s urban landscape and contributing to job creation and local economic growth.

The holy city of Mathura, known for its religious and cultural heritage, has received approval for two residential projects. These developments are designed keeping in view the growing tourism, pilgrimage, and local housing demand, and will add momentum to the city’s modern housing infrastructure.

The commercial projects sanctioned in Ghaziabad and Hapur will boost business and industrial growth in western Uttar Pradesh. They include modern commercial buildings, office complexes, and retail spaces that will further strengthen the region’s economic framework. Being part of the National Capital Region (NCR), both districts are already preferred destinations for investors, ensuring faster execution of these projects.

The investment of Rs 2,434 crore across these 15 projects will contribute significantly to Uttar Pradesh’s GDP and generate thousands of direct and indirect employment opportunities. The projects will also stimulate growth in allied sectors such as cement, steel, tiles, paints, electricals, furniture, transport, and financial services.

This wide geographical distribution reflects that real estate development in Uttar Pradesh is now expanding beyond major urban centers and reaching emerging districts across the state. On this occasion, the chairman Sanjay Bhoosreddy said, “The 15 projects approved in the 187th Authority meeting reflect the balanced and widespread growth of Uttar Pradesh’s real estate sector. The investment of Rs 2,434 crore will not only strengthen the construction industry but also propel the state’s economy and employment opportunities to new heights.”

UP RERA’s transparent review system ensures that every project complies with regulations, thereby safeguarding homebuyers’ interests and sustaining investor confidence.

Frequently Asked Questions

What is UP RERA?

UP RERA stands for Uttar Pradesh Real Estate Regulatory Authority. It is a regulatory body established to promote transparency, accountability, and balanced growth in the real estate sector of Uttar Pradesh.

How many projects has UP RERA approved?

UP RERA has approved 15 new real estate projects across eight districts of Uttar Pradesh.

What is the total investment in these projects?

The total estimated investment in the 15 approved projects is Rs 2,434 crore.

Which districts have received the most project approvals?

Shahjahanpur and Lucknow have each received three project approvals, the highest number in this meeting.

What types of projects have been approved?

Most of the approved projects are residential, while commercial projects have been sanctioned in Moradabad, Ghaziabad, and Hapur.

Related News Articles

Pune Porsche Crash: A Call for Justice Amidst Allegations of Political Interference
Real Estate Pune

Pune Porsche Crash: A Call for Justice Amidst Allegations of Political Interference

The Maharashtra Congress demands a CBI investigation into the Pune Porsche crash incident

May 28, 2024
Read Article
India's Warehousing Sector Set to Boom: 300 Million Sq Ft by 2025
Real Estate Pune

India's Warehousing Sector Set to Boom: 300 Million Sq Ft by 2025

India's warehousing sector is expected to reach 300 million sq ft by 2025, driven by rapid industrial growth and e-commerce expansion. Pune, NCR, and MMR lead the demand for Grade A warehouses.

June 13, 2024
Read Article
Oberoi Realty to Launch Mega Project in Mumbai's Worli Area
Real Estate Mumbai

Oberoi Realty to Launch Mega Project in Mumbai's Worli Area

Oberoi Realty plans to develop a massive 1.8 million sq. ft. project in Worli, Mumbai, featuring a mall, hotel, and commercial office space.

August 28, 2024
Read Article
The Luxury Housing Market in India: A Sustainable Growth Story?
Real Estate

The Luxury Housing Market in India: A Sustainable Growth Story?

The luxury residential market in India has experienced substantial growth over the past three years, driven by rapid urbanisation, increasing disposable incomes, and changing lifestyle aspirations.

October 5, 2024
Read Article
Ajmera Realty Reports 1% Increase in Q2 FY25 Sale Bookings
Real Estate Mumbai

Ajmera Realty Reports 1% Increase in Q2 FY25 Sale Bookings

Ajmera Realty & Infra India Ltd., a leading real estate developer headquartered in Mumbai, has reported a 1% rise in sale bookings for the second quarter of fiscal year 2025. This growth reflects the company's strong performance in the competitive real es

October 21, 2024
Read Article
Prestige Estates Projects Ltd: A Promising Second Half Despite Initial Setbacks
Real Estate Mumbai

Prestige Estates Projects Ltd: A Promising Second Half Despite Initial Setbacks

Prestige Estates Projects Ltd faced significant setbacks in the first half of FY25, but is gearing up for a strong second half with major launches. Timely regulatory approvals will be crucial for the company to meet its ambitious targets.

November 4, 2024
Read Article