UP Real Estate Investments Skyrocket to Rs 69,000 Crore

Investments in Uttar Pradesh's real estate sector surged 53% to Rs 69,000 crore by 2025, with rising interest from developers nationwide. UP RERA Chairman attributes the growth to government policies, increased project approvals, and demand for high-end housing.

Investments in Uttar Pradesh's real estate sector have surged dramatically by 53%, reaching Rs 69,000 crore in 2025, according to UP RERA Chairman Sanjay R Bhoosreddy. The chairman highlighted the growing nationwide interest from developers during an address at the ICC Real Estate Summit 2026 in New Delhi.

Bhoosreddy credited the impressive growth to the state's investor-friendly policies which have driven up the number of RERA applications for real estate projects. He noted that in 2023, investments were at Rs 29,000 crore, increased to Rs 45,000 crore in 2024, and soared to Rs 69,000 crore by 2025.

The real estate boom is attributed to structural market shifts, increasing RERA approvals, and rising demand for more luxurious homes. Major developers from across India are showing interest in cities outside Delhi-NCR, including Agra, Varanasi, and Ayodhya, further fueling economic growth in the region.

(With inputs from agencies.)