◆ MixedCapex & Expansion
UP RERA approves 12 realty projects worth Rs 1,664 cr across six districts
A capex & expansion development with market-wide reach.
23 Sept 2026 · Economic Times Markets
The Uttar Pradesh Real Estate Regulatory Authority has greenlit 12 new projects across six districts, promising an investment of Rs 1,663.85 crore, which substantially enhances the real estate landscape. Notably, Lucknow leads with four projects amounting to Rs 609.35 crore and 1,972 residential units. Ghaziabad and Hapur also attract notable investments in housing.
The analysis
Capex decisions are a bet on future demand; the market rewards or punishes them on whether the returns look credible.