The auction, conducted entirely online via a transparent digital portal, is expected to generate revenue of approximately Rs 1,168.43 crore. Investors enthusiastically participated, placing competitive bids, reflecting growing confidence in the Yogi government’s transparent policies and the favourable investment climate in the state. The registration process was facilitated through a digital auction portal, starting on September 18, 2025.
The potential proceeds will be used by the board to develop new housing projects, improve infrastructure, and provide affordable housing to citizens. Officials said the auction sets a new benchmark in UP’s real estate sector and reinforces the state’s commitment to economic growth and self-reliance.
The success of this mega e-auction demonstrates the popularity and trust in government projects and highlights Uttar Pradesh as a safe and reliable investment destination. The achievement, coinciding with Vijayadashami, is a testament to the Yogi government’s focus on transparent governance, investor confidence, and economic development.
Under Chief Minister Yogi Adityanath, Uttar Pradesh is setting new benchmarks in real estate through transparent governance and investor-friendly policies. The Vijayadashami mega e-auction reflects the UP Housing and Development Boards’s popularity, strengthens investor confidence, and paves the way for economic growth and development in the state. This achievement highlights the government’s commitment to public welfare and marks a proud milestone in UP’s journey toward economic prosperity.
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