UP RERA Greenlights 21 New Real Estate Projects Worth Rs 7,035 Crore
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 21 new real estate projects, totaling Rs 7,035 crore, set to create 10,866 housing and commercial units across the state.
Up ReraReal EstateAffordable HousingEconomic GrowthConstructionReal Estate NewsSep 28, 2025
The approval was granted during the 184th UP RERA meeting, chaired by Sanjay Bhoosreddy. The projects are strategically distributed across several key cities in Uttar Pradesh, including Gautam Buddh Nagar, Ghaziabad, Lucknow, and Noida. These cities are known for their rapid urbanization and growing demand for residential and commercial spaces.
The approval of these projects is a testament to the state's commitment to enhancing housing availability for various income groups. A notable aspect of these projects is the allocation of units for the Economically Weaker Section (EWS), ensuring that affordable housing remains a priority. This initiative is designed to address the housing needs of low-income families and promote inclusive growth.
Moreover, the development of these projects is expected to generate significant employment opportunities in the construction and related industries. The construction sector is a major contributor to the state's economy, and the creation of new projects will provide jobs for thousands of workers, thereby supporting the local economy.
The approval of these projects also aligns with the broader goals of the Uttar Pradesh government to modernize infrastructure and attract more investments. By fostering a favorable business environment, the state aims to attract both domestic and international investors, further boosting the real estate sector and overall economic development.
In conclusion, the approval of 21 new real estate projects by UP RERA represents a significant step forward in the state's real estate landscape. With a focus on affordable housing and job creation, these projects are poised to make a positive impact on the lives of many residents and contribute to the economic growth of Uttar Pradesh.
Frequently Asked Questions
What is the total investment for the new real estate projects approved by UP RERA?
The total investment for the 21 new real estate projects approved by UP RERA is Rs 7,035 crore.
How many housing and commercial units will these projects create?
These projects will create a total of 10,866 housing and commercial units.
Which cities in Uttar Pradesh will see the development of these new projects?
The new projects will be developed in cities such as Gautam Buddh Nagar, Ghaziabad, Lucknow, and Noida.
Who is the chairman of UP RERA?
Sanjay Bhoosreddy is the chairman of UP RERA.
What is the significance of allocating units for the Economically Weaker Section (EWS)?
Allocating units for the EWS ensures that affordable housing remains a priority, addressing the housing needs of low-income families and promoting inclusive growth.
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