UP RERA approves 12 real estate projects worth Rs 1,664 crore across six districts

The Uttar Pradesh Real Estate Regulatory Authority has approved 12 new real estate projects across six districts with a combined investment of Rs 1,663.85 crore. Lucknow accounts for the largest share with four projects valued at Rs 609.35 crore and 1,972 residential units. Ghaziabad and Hapur also received significant investment allocations in the housing sector.

The authority has emphasised the need for developers to adhere to regulatory norms and complete projects within stipulated timelines to protect homeowners' interests.