Non-NCR cities pip Noida, Gzb in new housing projects

Noida: Non-NCR cities of Uttar Pradesh pipped Noida, Greater Noida, and Ghaziabad to attract over 60 per cent of the new realty projects in the last 5 years, as per registration data of UP Real Estate Regulatory Authority (RERA).

In 2022, the UP RERA registered around 225 projects of which over 150 were in non-NCR cities of the state like Lucknow, Varanasi, Gorakhpur, Bareilly, Agra, Mathura and Moradabad, the data showed.

“So far, 3,340 plus real estate projects are registered with RERA. In 2022, about 225 applications of new project registration have been received of which 125 in the first half and 100 in the second half of the year.

“Almost 72 projects were in the NCR and 153 projects in the non-NCR districts. The ratio of project registration in NCR & non-NCR is 32:68,” as per UP RERA. (PTI)