Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has approved 13 real estate projects worth around Rs 2,380 crore across six districts, with the developments expected to add 4,724 residential and commercial units.
Ghaziabad and Noida account for five of these projects, with a combined investment of around Rs 472 crore. Ghaziabad has received approval for three projects worth approximately Rs 286 crore, while two projects worth nearly Rs 186 crore have been approved in Noida.
In Ghaziabad, the approved developments include two commercial projects and one residential project, together comprising 864 units. Noida will receive one residential and one commercial project, adding 564 units.
The two NCR markets have continued to account for a major share of real estate investment in Uttar Pradesh. According to UP-Rera's half-yearly report, Noida and Ghaziabad together accounted for about 60% of the total investment in projects approved across the state during the first half of the year.
During this period, UP-Rera approved 143 projects with a combined investment of Rs 31,952 crore across Uttar Pradesh. Of these, 27 projects were located in Noida and 19 in Ghaziabad.
The two districts together attracted around Rs 19,000 crore in investment. Noida accounted for Rs 15,678 crore, while Ghaziabad attracted Rs 3,989 crore. The projects approved in the two cities are expected to add around 22,660 residential units, representing nearly 49% of the total units approved across the state.
Noida is expected to account for approximately 13,160 units, while Ghaziabad will add around 9,500 units through the approved projects.
The concentration of new project approvals in the two NCR markets highlights their continued importance to Uttar Pradesh's real estate sector. The approvals cover both residential and commercial developments, expanding the pipeline of projects in markets that have seen sustained developer and buyer activity.
UP-Rera chairperson Sanjay Bhoosreddy said timely project approvals and effective monitoring have contributed to creating a better environment for homebuyers and promoters in the state.
The latest approvals also indicate the regulator's continued focus on bringing new developments under the Rera framework while monitoring project execution and protecting the interests of stakeholders.
What real estate experts 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.
What Lies Ahead for Noida and Ghaziabad Real Estate?
The strong flow of investment into Noida and Ghaziabad is expected to support further expansion of the NCR real estate market. With new residential and commercial projects receiving regulatory approvals, developers are likely to increase project launches across established as well as emerging micro-markets.
Noida is expected to remain a major focus for developers as infrastructure projects, airport connectivity and expanding transport networks improve access to the wider NCR region. Ghaziabad, meanwhile, is likely to see increased activity along key corridors such as NH-9 and other infrastructure-led growth areas.
The addition of new Rera-approved projects could also provide homebuyers with a wider choice of registered developments while improving transparency in the market. With nearly half of the housing units approved across Uttar Pradesh concentrated in Noida and Ghaziabad, both markets are likely to remain important contributors to the state's real estate growth in the coming quarters.
