UP RERA approves 12 realty projects, worth investment of ₹1,663.85 crore across six districts — Here's all we know

The Uttar Pradesh Real Estate Regulatory Authority has approved 12 new real estate projects across six districts in the state for an estimated investment of ₹ 1,663.85 crore, it said in an official statement.

The projects, comprising 3,090 residential and commercial units, were greenlit at the UP RERA's 214th authority meeting chaired by its chairman Sanjay Bhoosreddy in Lucknow on Tuesday, it added.

The UP RERA statement said the projects would boost construction activity and create opportunities in allied sectors such as construction materials, engineering and transport. It added that the focus would be on ensuring compliance with the RERA Act, timely completion and protection of homebuyers' interests.

“Transparent and systematic development of the real estate sector, along with timely approval and monitoring of projects, remains a priority for the authority,” Bhoosreddy said in the release.

Earlier in September, UP RERA said it has approved 13 real estate projects involving an estimated investment of ₹ 2,380.04 crore in six districts, with Barabanki accounting for the highest investment and Lucknow for the largest number of units, PTI reported.

The approvals were granted during the 212th and 213th meetings held at the UP RERA headquarters and chaired by Bhoosreddy.

Jocelyn Fernandes is a journalist and editor with nearly 13 years of experience covering the business, corporate, economy and markets beats in news.<br> As chief content producer for around three years at Livemint (Hindustan Times), Jocelyn publishes breaking stories, explainers, features and live blogs on a range of business and economy topics, including the Budget, corporate developments, stock markets, income tax, money and personal finance, cryptocurrency, government policy, impact of US tariffs, international developments and more.<br> Jocelyn's writing philosophy is focused on delivering news in an accurate and accessible format for readers. She thus focuses her news coverage on explainers and FAQs in order to breakdown business, corporate, economic, and policy topics that are of importance to everyday readers.<br> She holds a Bachelors in Mass Media (BMM) and Post Graduate Diploma (PGD) in Journalism and Communication and has previously written for online business and markets news site Moneycontrol (Network18), Business-to-business (B2B) trade publications — the industry magazines Power Today and Solar Today (ASAPP Media), and the national news agency United News of India (UNI).<br> Outside of work, Jocelyn keeps up-to-date with local and international news, enjoys reading fiction books, novels and short stories, and enjoys movies, travelling and art. <br> She can be found on X and LinkedIn, and reached by email: <a href="[email protected]">[email protected]</a> <br> X/ Twitter handle: <a href="https://x.com/scribeJocelyn">@scribeJocelyn</a> <br> LinkedIn: <a href="https://in.linkedin.com/in/jocelyn-fernandes-journalist">LinkedIn</a>

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