UP-Rera Clears Projects worth Rs 500 Crore in Noida, Ghaziabad

The state real estate regulator (UP-Rera) has approved 13 projects worth Rs 2,380 crore across six districts, adding 4,724 residential and commercial units. Of these, three projects worth an estimated Rs 286 crore are to come up in Ghaziabad and two others worth around Rs 186 crore are proposed in Noida. According to the Times of India story

According to officials, Ghaziabad will get two commercial and one residential project, together comprising 864 units. In Noida, one residential and commercial projects each will add 564 units.

The two NCR cities have continued to dominate the state's real estate market, accounting for 60% of the state's total investment in the first half of the year, according to UP-Rera's half-yearly report. Of the total 143 projects worth Rs 31,952 crore approved across the state during this period, 27 are in Noida and 19 in Ghaziabad, an official said.

Together, the two districts attracted investments of Rs 19,000 crore - Rs 15,678 crore in Noida and Rs 3,989 crore in Ghaziabad - and will add around 22,660 housing units, or 49% of all units approved statewide. Of this, Noida will add 13,160 units and Ghaziabad 9,500.

UP-Rera chairperson Sanjay Bhoosreddy said timely approval of projects, along with effective monitoring, has helped create a better environment for both homebuyers and promoters in the state, he said.

What real estate expert says:

Rohit Kishore, Chief Executive Officer, Hero Realty said, “Noida’s real estate story has entered a decisive new phase, redefining how buyers and investors perceive the NCR market. What was once seen as an affordable alternative has evolved into a strong growth hub, driven by transformative infrastructure, seamless expressway connectivity, expanding metro networks, and the operational Noida International Airport, which is further strengthening the region’s connectivity and investment appeal. We are witnessing sustained demand across both mid and premium housing segments, supported by rising aspirations and growing confidence in long-term value creation. With strategic positioning and increasing end-user as well as investor interest, Noida is no longer an emerging market-it has evolved into NCR’s next real estate powerhouse. The growing confidence in the market is evident from the scale of recent investments. Hero Homes' recent announcement of a 17.3-acre premium residential project in Greater Noida, with an estimated revenue potential of ₹5,400 crore, is a strong testament to the long-term confidence that leading developers have in this micro-market. Such large-scale investments reflect the region's robust growth fundamentals and its increasing appeal to both developers and homebuyers.”

Varun Garg, Director, Karyan Group said, “The approval of three projects worth nearly Rs 286 crore in Ghaziabad is a strong positive for the city’s real estate market. With nearly Rs 4,000 crore invested in the district during H1 2026, Ghaziabad is emerging as a key NCR growth hub. Faster approvals will boost developer confidence, bring quality supply to the market and further strengthen demand from both homebuyers and investors. With the festive season approaching, the availability of new and approved projects is also a positive sign for homebuyers looking to make their purchase decisions during this traditionally strong period.”

Strengthening its footprint in the rapidly expanding NCR real estate market, recently NCR based Karyan Group has announced the launch of its luxury residential project, Trevana Residences, strategically located on NH-9, opposite Wave City, Ghaziabad. The company is investing 900 crore and targeting an estimated revenue of nearly ₹1,500 crore from the development, reflecting growing demand for premium residences in emerging NCR micro-markets.

Ghaziabad is witnessing a steady transformation into a prominent NCR real estate destination, driven by improving connectivity, infrastructure development and rising buyer interest. With nearly Rs 4,000 crore of investment recorded in H1 2026 and a significant pipeline of new projects, the market is gaining momentum across both residential and commercial segments. The latest project approvals further strengthen this growth story, signalling increased developer confidence and offering homebuyers greater choice and transparency, particularly ahead of the upcoming festive season.