UPRERA approves 24 projects for 13 districts
Lucknow, March 18 -- The Gautam Buddh Nagar district, popularly known as Noida, once again turned out to be the favourite destination for developers. Among the 24 real estate projects approved by UP Real Estate Regulatory Authority (UP RERA), the highest number of projects, investment value, and units approved were in Gautam Buddh Nagar. A total of five projects with an estimated investment of Rs 5,218.41 crore were approved in the district. These approvals were finalised at the 198th meeting of the regulatory authority on Tuesday.
The UP RERA approved 24 new real estate projects with a total estimated investment of Rs 6,841.85 crore. Through these projects, approximately 7,830 residential and commercial units will be developed across 13 districts of Uttar Pradesh.
These projects include a mix of residential, commercial, and mixed-use developments of plots, villas and shops. Commenting on the approvals, Sanjay Bhoosreddy, chairman, UPRERA, stated that the regulatory authority continues to focus on ensuring transparency, regulatory compliance, and timely completion of projects. htc...
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