LUCKNOW, Feb. 1 -- Uttar Pradesh's real estate sector experienced significant growth in 2024, with the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) registering 259 new projects across the state. Among the major developments, Lucknow and Gautam Buddha Nagar have emerged as prime destinations for real estate developers, with a combined investment of approximately Rs.45,000 crore.
In Lucknow, 61 projects were launched, while 51 projects were initiated in Gautam Buddha Nagar. However, Gautam Buddha Nagar outpaces the state capital in terms of project scale, with more units, a larger area under development, and higher overall investment. According to UP RERA, the district boasts projects that collectively feature 1,09,075 units an...
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