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The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 13 new real estate projects across the state, including four housing projects in Lucknow, during its 191st Board Meeting held on Friday. The meeting was chaired by UP RERA Chairman Sanjay Bhoos Reddy.
These approved projects are expected to attract an estimated investment of ₹4,424.4 crore and will lead to the development of 19,379 residential and commercial units across Uttar Pradesh.
The approved units include:
Residential plots and flats
Commercial shops and shopping malls
UP RERA stated that the approvals aim to ensure planned, systematic, and balanced real estate development, while safeguarding the interests of homebuyers.
Among all regions, Noida emerged as the biggest beneficiary, with four projects approved, comprising:
Two residential projects
Two commercial projects
These Noida projects alone account for 1,751 units, forming a significant portion of the total approved developments.
In Lucknow, UP RERA approved four housing projects, under which 241 residential units are proposed to be constructed. These projects are expected to help meet the growing housing demand in the state capital while promoting organized urban development.
Mathura:
Four residential housing schemes approved, involving the construction of 2,035 residential units.
Mau District:
Approval granted for commercial real estate projects.
According to UP RERA, the approved projects strike a balance between housing and commercial activities. While residential projects will help fulfill housing needs, commercial developments are expected to:
Promote business activities
Generate employment opportunities
Strengthen the local economy
Chairman Sanjay Bhoos Reddy emphasized that UP RERA’s primary objective is to:
Protect homebuyers’ interests
Ensure projects comply with regulatory standards
Ensure timely completion of both residential and commercial developments
With these approvals, Uttar Pradesh—especially cities like Lucknow and Noida—is expected to witness increased real estate activity in the coming months.