UPRERA Clears 16 Projects Worth Rs 3,200 Crore; Boosts UP Real Estate

• UPRERA approved 16 projects valued at over Rs 3,200 crore, adding 3,845 residential, commercial, and mixed-use units.
• Lucknow is the biggest beneficiary with six projects, followed by Agra and Ghaziabad with two each, and other cities.
• The investment aims to strengthen the construction ecosystem, create jobs, and provide quality housing and commercial infrastructure.
• UPRERA emphasizes transparency, regulatory compliance, and homebuyer protection, encouraging responsible investment.
• The move seeks to expand real estate development beyond Noida and Ghaziabad to smaller cities, supported by state reforms.

Why It Matters: UPRERA's approval of 16 projects signals significant real estate growth and investment across UP.