UP RERA Approves Seven Major Real Estate Projects Worth Rs 416.94 Crore
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved seven new real estate projects across five cities, totaling Rs 416.94 crore. These projects will add 1,024 residential and commercial units, promoting balanced growth and infrastructure development.
Real EstateUp ReraInfrastructure DevelopmentUrban GrowthUttar PradeshReal EstateJan 2, 2026
The cities benefiting from these approvals are Noida, Lucknow, Mathura, Bareilly, and Meerut. In Noida, two commercial projects have been greenlit, collectively valued at Rs 181.36 crore and comprising 298 units. These projects are expected to boost the commercial landscape of Noida, a key economic hub in the National Capital Region (NCR).
Mathura will see the development of two residential projects worth Rs 154.92 crore, which will provide 565 residential units. This will help address the growing housing demand in the city and improve the quality of life for its residents.
Lucknow, the capital of Uttar Pradesh, has received approval for one commercial project costing Rs 27.65 crore, featuring 30 units. This project will enhance the city's commercial infrastructure and attract more businesses to the area.
Bareilly will benefit from a Rs 24.56 crore residential project with 106 units. This development will contribute to the city's urbanization and provide more housing options for its growing population.
Meerut will see the construction of a mixed-use project valued at Rs 28.45 crore, which will include 25 units. This mixed-use development is designed to cater to both residential and commercial needs, fostering a balanced and sustainable urban environment.
These projects are part of the broader efforts to promote balanced growth across Uttar Pradesh. They aim to enhance both residential and commercial infrastructure, attract investments, and improve the overall quality of life for residents. The approval of these projects by UP RERA ensures that they adhere to regulatory standards, providing transparency and accountability in the real estate sector.
The successful implementation of these projects is expected to create numerous employment opportunities, stimulate economic growth, and contribute to the state's development goals. As these projects progress, they will play a crucial role in shaping the future of urban development in Uttar Pradesh.
Frequently Asked Questions
What is UP RERA?
UP RERA stands for Uttar Pradesh Real Estate Regulatory Authority. It is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to promote a transparent, accountable, and consumer-friendly real estate market in Uttar Pradesh.
How many new real estate projects have been approved by UP RERA?
UP RERA has approved seven new real estate projects across five cities in Uttar Pradesh, valued at Rs 416.94 crore.
Which cities will benefit from these new real estate projects?
The cities that will benefit from these new real estate projects are Noida, Lucknow, Mathura, Bareilly, and Meerut.
What is the total number of residential and commercial units to be added?
These projects will add a total of 1,024 residential and commercial units across the five cities.
What are the main goals of these real estate projects?
The main goals of these real estate projects are to promote balanced growth, enhance both residential and commercial infrastructure, attract investments, and improve the overall quality of life for residents in Uttar Pradesh.
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