Noida bags 70% of Rs 7,000 crore projects cleared by real estate regulator

Ghaziabad: UP-Rera has cleared 24 projects worth Rs 6,841 crore across the state, with GB Nagar dominating approvals, investment, and unit count. Five projects in the district alone, pegged at around Rs 5,218 crore, will add nearly 3,000 residential, commercial, and mixed-use units in the district. Ghaziabad saw three projects approved, worth Rs 83 crore, generating 468 units, two commercial and one residential. Officials credit steady demand, faster approvals, and tighter monitoring for boosting investor confidence.An estimated 7,830 residential and commercial units are set to come up across these 13 districts. In Agra, three residential projects were approved with a total investment of Rs 62 crores, which will add 312 residential units to the city. Other districts that saw approvals include Saharanpur, Meerut, Mathura, Baghpat, Gorakhpur and Varanasi.Between Jan to March this year, 60 new real estate projects have been approved across the state – of which GB Nagar accounted for 15. In terms of number of units and overall investment, GB Nagar holds a much larger share compared to other districts. The combined worth of these projects has exceeded Rs 10,000 crore, officials said.A similar trend was witnessed in 2025 as well. Out of a total of 308 projects in the state with a combined worth of Rs 68,327 crore, GB Nagar accounted for 69 projects worth Rs 37,161 crore. GB Nagar recorded the highest number of projects, investment value, and units approved. This further strengthens the district's position as a major real estate investment destination in the state, officials added."The continued rise in real estate investment in the state, especially GB Nagar and other NCR districts, highlights the positive impact of the state govt's reform-oriented policies. It has been made possible because of UP Rera's effective regulatory oversight, simplified approval mechanisms, strict monitoring and a transparent regulatory framework, which have strengthened investor confidence," said UP Rera chairperson Sanjay Bhoosreddy.