29.9 km awayResidential/Group Housing
CONSTRUCTION OF 200 HOUSES IN GURUMITKAL TOWN
KARNATAKA SLUM DEVELOPMENT BOARD · Yadgir
Oct 2021started
Oct 2026target completion
⚠ no escrow declaredDeclared cost₹12.55 CrAuthorityRERA Karnataka
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Detailed ReportM K R BHAGYA TOWERS
01
Complete project overview
RERA Karnataka · Registration filing- Units
- 21 units
- Unit mix
- 12 × 3BHK · 9 × 2BHK
- Towers
- 1
- Floors
- 3
- Land area
- 1,597 sq m
- Built-up area
- 1,629 sq m
- FAR sanctioned
- 1.18
- Covered area
- 629 sq m
- Open area
- 968 sq m
- Land parcels
- 1 survey no
Timeline
Project startedNov 2023
RERA registeredJan 2024
Proposed completionDec 2025
TodaySep 2026
Construction progressFrom the builder's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.
100% overall, as filed
Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
Find your flat
Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.
UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
1011st Floor3 BHK6315.7546.29
1021st Floor3 BHK62.0415.7246.20
1031st Floor3 BHK87.7421.9264.43
1041st Floor3 BHK70.9817.7452.15
1051st Floor2 BHK48.0212.0335.29
1061st Floor2 BHK51.9712.9738.15
1071st Floor2 BHK49.6812.4036.50
2012nd Floor3 BHK6315.7546.29
2022nd Floor3 BHK62.0415.7246.20
2032nd Floor3 BHK87.7421.9264.43
2042nd Floor3 BHK70.9817.7452.15
2052nd Floor2 BHK48.0212.0335.29
2062nd Floor2 BHK51.9712.9738.15
2072nd Floor2 BHK49.6812.4036.50
3013rd Floor3 BHK6315.7546.29
3023rd Floor3 BHK62.0415.7246.20
3033rd Floor3 BHK87.7421.9264.43
3043rd Floor3 BHK70.9817.7452.15
3053rd Floor2 BHK48.0212.0335.29
3063rd Floor2 BHK51.9712.9738.15
3073rd Floor2 BHK49.6812.4036.50
Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.
| Unit | Type | Carpet | Exclusive area | Undivided share | Unit | Type | Carpet | Exclusive area | Undivided share |
|---|---|---|---|---|---|---|---|---|---|
| 1011st Floor | 3 BHK | 63 | 15.75 | 46.29 | 1021st Floor | 3 BHK | 62.04 | 15.72 | 46.20 |
| 1031st Floor | 3 BHK | 87.74 | 21.92 | 64.43 | 1041st Floor | 3 BHK | 70.98 | 17.74 | 52.15 |
| 1051st Floor | 2 BHK | 48.02 | 12.03 | 35.29 | 1061st Floor | 2 BHK | 51.97 | 12.97 | 38.15 |
| 1071st Floor | 2 BHK | 49.68 | 12.40 | 36.50 | 2012nd Floor | 3 BHK | 63 | 15.75 | 46.29 |
| 2022nd Floor | 3 BHK | 62.04 | 15.72 | 46.20 | 2032nd Floor | 3 BHK | 87.74 | 21.92 | 64.43 |
| 2042nd Floor | 3 BHK | 70.98 | 17.74 | 52.15 | 2052nd Floor | 2 BHK | 48.02 | 12.03 | 35.29 |
| 2062nd Floor | 2 BHK | 51.97 | 12.97 | 38.15 | 2072nd Floor | 2 BHK | 49.68 | 12.40 | 36.50 |
| 3013rd Floor | 3 BHK | 63 | 15.75 | 46.29 | 3023rd Floor | 3 BHK | 62.04 | 15.72 | 46.20 |
| 3033rd Floor | 3 BHK | 87.74 | 21.92 | 64.43 | 3043rd Floor | 3 BHK | 70.98 | 17.74 | 52.15 |
| 3053rd Floor | 2 BHK | 48.02 | 12.03 | 35.29 | 3063rd Floor | 2 BHK | 51.97 | 12.97 | 38.15 |
| 3073rd Floor | 2 BHK | 49.68 | 12.40 | 36.50 | |||||
02
Builder’s track record
RERA Karnataka · Builder registrationM K R ASSOCIATES
Partnership FirmPromoter type
YadgirBased in
1Projects
1City
2024–2025Active
Timelineevery project, start → promised completion
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location & price analysis
RERA Karnataka · Registration filing- This project
- 4 nearby projects
- Taluk
- Yadgir
- District
- Yadgir
- Pincode
- 585202
- Address
- SY NO: 326/6 NEAR R V SCHOOL, , LAXMI NAGAR, YADGIRI (B) TQ & DIST: , Yadgir , Yadgir, Karnataka - 585202
- North boundary
- Sy No: 326/5
- East boundary
- Approved layout Sy No: 319
- South boundary
- Approved layout Sy No: 320
- West boundary
- Road
What’s nearby
Schools1 school within 1km · 3 educational institutions within 1km · College or university 735m away
HealthcareHospital 1.2km away · Clinic within 2km
LifestyleNo parks within 2km · 5 restaurants and cafes within 1km
ShoppingSupermarket 779m away · Mall 1.6km away · Convenience store within 1km
Getting around
Expressway 597 m · Kalaburagi - Gooty HighwayPrimary road 710 mRailway line 1.1 kmRailway station 1.4km away (Yadgir)Bus stop within 1km
Water & environment
Water body 620 mRiver 646 m · Hattikuni
distances only — not a flood assessmentLand, title & encumbranceAs declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
LandOwned by the promoter
ConversionConverted to non-agricultural
Price analysisdeclared build cost — not a sale price
₹5.55 Cr declared to build 21 flats. What that works out to:
₹26.43 Lakhdeclared cost per flatall-in — land + construction
₹3,165/sq ftof built-up area₹34,072/sq m
10%of the cost is land₹320/sq ft of land
This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.
04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryThe yearly satellite view ends in 2023 and this project started in 2023, so it does not cover this project's construction: the site was still open ground within ~23 m of the recorded location when the series ends. The 2026 image shows the site more recently.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~23 m of the filed location.
Satellite photographs of the same ground
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
- This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
- Site is a ~23 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
- Coordinate could not be cross-checked against nearby filings.
- The yearly site view ends in 2023, before this project started in 2023.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettesIn Karnataka it’s called the guidance value.
₹3,345per sq yd
₹4,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for “Laxmi Nagar”.
- In force
- effective Oct 2023
What this number is — and isn’t
- The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
06
Planning authority
RERA Karnataka · Approved building planapproved 13 Oct 2023 · 2 yrs ago
Building Permit no. YDG-LBPAS-11880/23-24/BPSurvey no. 326/6
The promised possession date (31 Dec 2025) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
Verify it yourself — look up plan YDG-LBPAS-11880/23-24/BP on the approving authority’s portal to confirm the approval.
The approving body, at scale
Yadagiri Urban Development Authority
Urban Development AuthorityHas approved 8 RERA projects — 0.1% of Karnataka.
a plotted-layout market — 13% apartments · 87% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.
- Builders
- 7
- On record
- 21 flats · 671 plots
- Reach
- 3 taluks
- Since
- 2019
More layout-heavy than Karnataka overall — 87% plots here vs 38% statewide.
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
07
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within Yadgir2 residential projects still under way within Yadgir. Step out ring by ring:
Of the 4 projects the radar draws within 6 km — every kind, every stage — none is a residential project still under way. This list keeps only those, and looks further out.
1 project between 25 and 50 km — showing the nearest 1.
Projects within Yadgir, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
- 02Builder's track record
- RERA Karnataka: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Karnataka filing.
- Coordinates: as filed with RERA Karnataka.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Satellite view of the site
- Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
- Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
- 05Government Guidance Rate
- Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes.
- 06Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
- 08Other projects nearby
- The RERA-registered projects Horizon holds within Yadgir of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/m-k-r-bhagya-towers-yadgir-twjat0b6.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.