35 Projects, ₹9,000 Crore: UP Real Estate Roars to Life

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 35 real estate projects worth ₹9,000 crore in the past month, signalling robust momentum in the state's property sector.

These approvals span a diverse range of cities—from the NCR region to emerging urban hubs such as Ayodhya, Jhansi, and Moradabad—highlighting a strategic shift toward balanced regional development. In the first week of October alone, UP RERA cleared eight projects valued at ₹1,948 crore, adding 3,005 residential and commercial units. The previous week saw approvals for 21 projects worth ₹7,035 crore, contributing 10,866 units.

These developments are expected to generate significant employment across construction and allied industries, including cement, steel, logistics, and home décor. Additionally, the capital infusion is set to strengthen urban infrastructure, support retail expansion, and boost economic activity across the state.

UP RERA Chairman Sanjay Bhoosreddy remarked, “This is expected to not only accelerate infrastructure development but also reinforce investor and homebuyer confidence in the regulated real estate environment of Uttar Pradesh.”

News by Rahul Yelligetti.