Uttar Pradesh’s real estate market is set for another round of construction activity, with the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) approving 13 residential and commercial projects across six districts involving an estimated investment of Rs. 2,380.04 crore.
The projects across Barabanki, Lucknow, Varanasi, Ghaziabad, Gautam Buddh Nagar and Agra will together add 4,724 residential and commercial units, according to UP RERA.
Barabanki, which adjoins Lucknow, recorded the highest proposed investment among the six districts. Two residential projects worth Rs. 751.42 crore have been approved here, with 591 units planned.
Lucknow, meanwhile, has the largest number of units. A single residential project involving an investment of Rs. 385.76 crore will add 1,392 units.
Varanasi follows with three residential projects involving an estimated investment of Rs. 750.24 crore and 1,189 units. In Ghaziabad, three projects, including two commercial and one residential development, have been approved with an estimated investment of Rs. 286.27 crore and 864 units.
Gautam Buddh Nagar, which includes Noida, has received approval for one residential and one commercial project. Together, the developments involve around Rs. 186 crore and 564 units. Agra has received approval for two residential projects worth Rs. 20.35 crore, with 124 units planned.
The approvals came during the 212th and 213th meetings held at the UP RERA headquarters and chaired by its chairman Sanjay Bhoosreddy. The regulator said timely and transparent development of registered projects remains a priority.
“The development of registered projects within the prescribed rules and timelines, through transparent processes, is a priority of the authority,” UP RERA said.
The scale of the approvals also points to continued activity across the NCR market, particularly Noida and Ghaziabad. Developers and market participants see infrastructure expansion and improving connectivity as important factors supporting demand in these markets.
Yash Garg, Director, M3M Noida, said the approval of the 13 projects was a sign of continued confidence in Uttar Pradesh’s real estate sector. He pointed to Noida’s infrastructure growth and expanding commercial ecosystem as factors supporting its position within NCR.
“Noida, in particular, continues to strengthen its position as one of NCR’s most important growth markets,” Garg said, adding that sustained investment and a strong regulatory framework would be important for timely project execution and greater choice for buyers.
The latest approvals are also expected to support activity beyond real estate construction. UP RERA said the Rs. 2,380.04 crore proposed investment would generate activity across construction materials, transportation, engineering and other allied sectors.
The projects are expected to create direct and indirect employment while contributing to local economic activity. The regulator attributed part of the rise in real estate activity to the state government’s investment-friendly policies and simplified procedures for housing, urban development and investment.
For NCR, the new supply comes at a time when locations such as Noida and Ghaziabad are seeing continued interest from both homebuyers and investors. Ashish Agarwal, Director, AU Real Estate, said the projects approved in the two markets were significant for the region’s residential sector.
“The addition of new residential inventory through regulated and monitored projects will provide buyers with greater choice while strengthening overall market activity,” Agarwal said.
He added that Ghaziabad is emerging as an important residential destination, while Noida continues to attract end-users and investors seeking well-connected housing.
The approvals therefore extend beyond the addition of new units. They also mark fresh construction commitments across a mix of established NCR markets and emerging districts, while bringing new investment into the state’s residential and commercial development pipeline.
