Noida: In the first two months of the year, UP-Rera has approved 36 projects worth around Rs 8,000 crore across the state, of which 15 projects worth Rs 4,000 crore are set to come up in Gautam Budh Nagar.
On Feb 17, UP-Rera approved 14 new projects worth Rs 4,438 crore, which will create 3,852 residential and commercial units across the state. Of these, Noida led the list with four approved projects worth a total of Rs 2,740 crore, two each under residential and commercial heads. These projects are set to create 1,617 residential units and commercial 1,284 units. In comparison, other NCR districts had fewer projects approved.
Ghaziabad had one project approved under the residential property head worth 196 crore, which will have 125 residential units. In Agra, one residential project worth Rs 18 crore was approved, where 236 units will be constructed. In Mathura, two residential projects worth Rs 50 crore were approved, where 187 units will come up.
On Feb 13, UP-Rera had approved 15 projects across seven districts worth Rs 3,069 crore. GB Nagar cornered four projects worth Rs 1,092 crore – two residential and two commercial. Under the residential head, 396 units will be constructed, and 433 units will come up under the commercial head.
On Jan 1, the regulatory authority approved seven projects across five cities in the state worth Rs 417 crore. Of these, GB Nagar accounted for two commercial projects worth Rs 181 crore, where 298 units were constructed.
"Out of 36 projects launched so far this year, 15 are in GB Nagar. It also accounts for about 41% of total projects in the state. In terms of investment, out of Rs 8,778 crore that will be invested in the state, GB Nagar accounts for 45% of total investment. In terms of number of units, residential, commercial and mixed, out of 8,799 units, 4028 will be constructed in GB Nagar, which is again about 45% of units that will be constructed across the state," said Ashish Kumar, a real estate watcher.
The district's dominance was also evident in 2025, when a total of 308 projects were approved in the state with a combined worth of 68,327 crore. Of these, GB Nagar accounted for 69 projects worth Rs 37,161 crore.
"The strong performance of the real estate sector in 2025 continues in 2026 as well, and this is closely linked to the proactive and development-oriented policies of the state govt, which created a stable, investor-friendly ecosystem across the state. While GB Nagar remains a favoured destination for realtors, the fact is that other regions and districts too are doing well," a UP-Rera official said.
The official went on to add, "This is attributed to large-scale infrastructure initiatives such as expressways, metro rail projects, industrial corridors, smart city programmes and urban rejuvenation schemes, which significantly improved connectivity and liveability, making both major cities and emerging urban centres attractive for real estate investment."
Abhijay Jha is an Assistant Editor at The Times of India, coverin...
Read MoreAbhijay Jha is an Assistant Editor at The Times of India, covering civic and infrastructure beats for Ghaziabad city. His career spans over two decades, starting with television in various capacities such as reporting and as a researcher. In the last 11-years at TOI, he extensively covered politics, environment, crime, and court beats, with a keen interest in stories of human interest.
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