Lucknow, Dec. 16 -- The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) on Monday approved 16 new real estate projects across nine districts of the state, involving a total estimated investment of Rs 3,200.16 crore. These projects will collectively develop 3,845 residential, commercial, and mixed-use units, further strengthening transparency and investor confidence in the state's real estate sector. The decision was taken during the 190th Authority meeting, held at the UP RERA headquarters. "The approval of 16 projects reflects the sustained and balanced growth of state's real estate sector," said Sanjay Bhoosreddy, chairperson, UP RERA. The investment of Rs 3,200.16 crore will strengthen the construction ecosystem, create employment and ensure the availability of quality housing and commercial infra, he added. Among the approved projects, six projects in Lucknow account for the highest share, with an investment of Rs 2,154.69 crore. These include two residential, two mixed-use, and two commercial projects, comprising a total of 1,406 units. Agra has received approval for two projects worth Rs 200.69 crore. Ghaziabad has been approved two projects worth Rs 74.18 crore, comprising 210 commercial units. While residential projects dominate, approval of commercial and mixed-use developments, particularly in Lucknow and Ghaziabad, highlights growing business. htc...