UP RERA signals sustained realty boom, registers 143 new projects in first half of 2026 |

UP RERA signals sustained realty boom, registers 143 new projects in first half of 2026

Uttar Pradesh’s real estate sector maintained strong growth in the first half of 2026, with new project registrations, proposed housing units and investments rising compared with the same period last year, according to the Uttar Pradesh Real Estate Regulatory Authority’s (UP RERA) half-yearly report released on Thursday.Between January and June 2026, UP RERA registered 143 new real estate projects, up from 134 projects during the corresponding period of 2025.The newly registered projects propose the construction of 46,049 residential units, compared with 35,082 units a year earlier, an increase of more than 31%. These projects are expected to attract investments worth around Rs 31,952 crore.Lucknow recorded the highest number of new project registrations with 37 projects, followed by Gautam Buddh Nagar (27), Ghaziabad (19), Agra (10), Mathura (10) and Varanasi (7).However, Gautam Buddh Nagar continued to lead the state in terms of both investment and housing supply. The district accounted for proposed investments of Rs 15,678 crore and 13,160 residential units, reflecting sustained demand for premium and luxury housing. Ghaziabad followed with investments of Rs 6,989 crore and 9,500 proposed units, while Lucknow accounted for investments of Rs 3,834 crore and 9,872 housing units.The report noted that Uttar Pradesh’s real estate growth is no longer limited to the National Capital Region (NCR), with Lucknow strengthening its position as the state’s leading non-NCR real estate market.The sector has also recorded steady growth over the past three years. The number of registered projects increased from 197 in 2023 to 259 in 2024 and 308 in 2025. Proposed residential units rose from 55,297 in 2023 to 69,365 in 2024 and 84,976 in 2025, while capital investment climbed from Rs 28,411 crore in 2023 to Rs 44,526 crore in 2024 and Rs 68,328 crore in 2025, registering a 53.5% year-on-year increase.The report also highlighted consumer protection measures undertaken during the period. UP RERA facilitated refunds worth Rs 2,173.78 crore to 8,212 homebuyers through district administrations and settlements with developers.In addition, disputes involving more than Rs 6,032 crore were resolved across 11,558 cases through RERA benches, conciliation forums and online settlements.According to the report, UP RERA has so far conducted 206 sessions of its video conferencing-based “RERA Samvad” initiative, launched during the Covid-19 pandemic, helping resolve 5,375 grievances raised by homebuyers, developers and other stakeholders.

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