Looking to buy a home in UP? RERA clears 10 new real estate projects
Uttar Pradesh RERA has approved ten new real estate projects valued at over Rs 1,400 crore. These developments will introduce 1,632 residential and commercial units across five districts. Ghaziabad secured the largest investment, while Gautam Buddh Nagar will see the most new units. The approvals aim to support urban development and boost construction activity. UP RERA continues to promote…
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 10 new real estate projects across five districts, totaling investments of over Rs 1,400 crore. These developments will add 1,632 residential and commercial units to the region. Ghaziabad emerged as the top investment destination, receiving two projects worth around Rs 957.20 crore, which will comprise 625 residential and commercial units.
Gautam Buddh Nagar led in terms of the number of units approved, with three commercial projects worth Rs 281.64 crore, adding 680 commercial units. Lucknow approved three projects, including two residential and one commercial, with an estimated investment of Rs 26.57 crore and 215 residential and commercial units. Gorakhpur approved one mixed-use project worth Rs 144.09 crore and 69 units, while Moradabad approved one residential project worth Rs 3.05 crore with 43 housing units.
UP RERA Chairman Sanjay Bhoosreddy highlighted that the approvals would support urban development, spur construction activity, and create employment opportunities. He also emphasized the authority's commitment to transparency, accountability, and time-bound development in the real estate sector.
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