Uttar Pradesh Real Estate Investments Rise 53% in 2025, Attract Pan-India Developers
New Delhi: Uttar Pradesh has emerged as one of India’s fastest-growing real estate markets, recording a 53% surge in investments to nearly 69,000 crore in 2025, driven by growing interest from developers across the country, including major players from Maharashtra and Karnataka.
Speaking at the ICC Real Estate Summit 2026 held in the national capital, Sanjay R. Bhoosreddy, Chairman of Uttar Pradesh Real Estate Regulatory Authority (UP RERA), said real estate activity in the state is expanding well beyond the Delhi-NCR region.
According to Bhoosreddy, promoter-led investments in Uttar Pradesh’s real estate sector have seen a steady rise over the past few years — increasing from around 29,000 crore earlier to 45,000 crore in 2024, before jumping sharply to 69,000 crore in 2025. He described the growth as a significant milestone for the state’s economy.
He noted that developers from southern India and western states are now actively entering the Uttar Pradesh market, alongside large national real estate companies. Cities such as Agra, Bareilly, Moradabad, Varanasi, Prayagraj, Ayodhya, Jhansi, Kanpur, Aligarh, Gorakhpur, Azamgarh, Devi Patan, and Mirzapur are witnessing increasing development activity, with multiple projects currently under execution.
Highlighting Ayodhya’s rapid transformation, Bhoosreddy said land prices in prime locations have surged substantially, with some parcels now commanding prices of up to 1 lakh per square foot.
Rise in RERA Registrations
The state has also seen a notable rise in project registrations under UP RERA. In 2025, the authority approved 308 real estate projects, surpassing expectations and marking an increase of nearly 20% compared to 259 projects registered in 2024. Bhoosreddy attributed this trend to the state government’s investor-friendly policies and improved regulatory efficiency.
He added that UP RERA now processes complete applications within a minimum of four days, with a maximum timeline of 30 days, enhancing ease of doing business for developers.
Focus on Consumer Protection
Emphasising the importance of timely project delivery, Bhoosreddy said consumer confidence has improved significantly, reflected in a sharp decline in complaints. Daily case filings have reduced from around 35 cases earlier to fewer than 10 on average, with the regulator aiming to bring the number down further.
Addressing the summit, Rajeev Singh, Director General of the Indian Chamber of Commerce, observed that India’s housing demand is undergoing a structural shift. He said affordable housing is gradually giving way to luxury and premium segments, driven by rising incomes, changing lifestyles, and a growing preference for larger, wellness-oriented, amenity-rich homes across Tier I and Tier II cities.