Kedar
K-RERA · the public record
Ashoka Business Center
· Mukund MGM Realty
Project Review · example purchase
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Read a sample report ↗100%construction reportedQ1 2026 filing
11units not bookedof 65 · Q1 2026 filing
65registered unitsK-RERA registration · read 16 Jul 2026
Free project details
Registration read 16 Jul 2026Construction progress and dates
Promoter-reported construction
67%
Q3 2025
95%
Q4 2025
100%
Q1 2026
K-RERA quarterly filings · Q3 2025 to Q1 2026
declared completion
Not recorded
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
K-RERA registration · read 16 Jul 2026
Registered units and project size
Shops
65
Filed categories, unchanged · K-RERA registration · read 16 Jul 2026
The whole registration
0.7registered acres
99.8registered units per acre
The average covers the registered land and all registered unit types. It does not describe the space, outlook or surroundings of an individual unit.
RERA details for Ashoka Business Center
K-RERA · PRM/KA/RERA/1257/333/PR/011024/007107
Project facts and comparisons
On the register
Land area2,635 sq m (0.7 acres)
Units registered65
Tower/wing entries1
Unit mix65 × Shops
In context
Density99.8 units per acre
Density in context69th percentile of 4913 projects in this register (median 82)
Source: K-RERA. Each comparison names the group of projects used.
Project areas, parking and inventory
Project areas and parking
RERA filing| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 65 | Total inventory registered with K-RERA. |
| Official carpet area | 7,873 sqm | Total carpet area reported for the project. |
| Official built-up area | 13,720 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 2,635 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 3.54 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered tower/wing entries | 1 | Official tower/wing count in the K-RERA detail page. |
| Parking total (reconciled) | 139 | Separate filed counts; these categories may overlap and are not added together. |
| Covered-parking field | 124 | Separate filed counts; these categories may overlap and are not added together. |
| Open-parking field | 15 | Separate filed counts; these categories may overlap and are not added together. |
| Garage field | 0 | Separate filed counts; these categories may overlap and are not added together. |
| Approved plan number | E4/BA89/2023-24 (179195) | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 29-05-2024 | |
| Project start date | 01-07-2024 |
Official inventory & towers
RERA filingK-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered inventory mix
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| Shops | 65 | 100% | 7,873 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| Ashoka Business Center | 8 | 65 | 139 | 20.3 m |
Official unit register
RERA filingK-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 65 official flat/unit rows, matching the 65 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.
By unit type
| Unit type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| COMMERCIAL | 65 | 35.2-1,508.5 sqft | 0.4-19.1 sqft | 0 (65 with 0) |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| Ashoka Business Center | 65 | 35.2-1,508.5 sqft | 0.4-19.1 sqft | 0 (65 with 0) |
Show sample official unit rows
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| G1 | Ashoka Business Center | 2 | COMMERCIAL | 231.5 sqft | 3.0 sqft | 0 |
| G2 | Ashoka Business Center | 2 | COMMERCIAL | 240.4 sqft | 3.1 sqft | 0 |
| G3 | Ashoka Business Center | 2 | COMMERCIAL | 235.9 sqft | 3.1 sqft | 0 |
| CW1 | Ashoka Business Center | 2 | COMMERCIAL | 106.1 sqft | 1.4 sqft | 0 |
| CW2 | Ashoka Business Center | 2 | COMMERCIAL | 95.5 sqft | 1.2 sqft | 0 |
| CW3 | Ashoka Business Center | 2 | COMMERCIAL | 99.4 sqft | 1.3 sqft | 0 |
Legal, Approvals & Project Team
Litigation & compliance
RERA filingThe promoter answered No to the land-litigation question. This is a filed declaration, not a court search.
22 of 43 compliance document slots are filed as Not Applicable; the remaining 21 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
See the filed approval statuses and linked documents →
Statutory approval status
RERA filing1 of 1 applicable approvals are marked Approved in the filing. Check the linked documents for their scope and validity.
9 further authority slots are marked not applicable in the filing.
| Authority / NOC | Status | Date | File |
|---|---|---|---|
| Water supply and sewage board | Approved | 18-06-2024 | Water NOC.pdf |
Project team & certifications
RERA filingK-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | Gautham Pai | 238644 | 2016 | Dakshina Kannada, Karnataka - 575003 |
| Engineer | P SURESH PAI | MNG-BL-1117/23-24 | 2000 | Dakshina Kannada, Karnataka - 575003 |
| Architect | Rathanraj Adhikari | CA/2018/94970 | 2018 | Dakshina Kannada, Karnataka - 575002 |
| Contractor | Projectile | - | 2013 | Dakshina Kannada, Karnataka - 575003 |
Builder track record
RERA filingMukund Mgm has 3 other K-RERA-registered projects in our records (average reported construction progress 58%). 0 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.
Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.
Financials & Construction Progress
Financial disclosures
RERA filingLatest quarterly filing (2026-Q1): ₹5.65 Cr collected from buyers, ₹6.86 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹6.86 Cr) exceeded buyer collections (₹5.65 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.
| Construction progress | 67% → 100% (+33 pts) |
| Units sold/booked as registered | 54/65 (83%) |
| Buyer collections in available QPRs | ₹20.00 Cr |
| Escrow withdrawals in available QPRs | ₹21.12 Cr (1.06x collections) |
- Construction progress moved from 67% to 100% across the filed QPR window.
- Across available QPR rows, escrow withdrawals are 1.06x buyer collections. Ask the builder to reconcile this against certified project costs and prior-period balances.
- In the latest QPR, escrow withdrawal exceeds buyer collections for that quarter. This can be normal if prior balance existed, but it needs a clean explanation.
QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.
Declared construction cost ÷ registered units averages to ₹80.7 lakhs per unit — the developer's own declared construction/development cost, not a unit agreement or asking price. This project-cost average cannot establish whether a quoted unit price is fair. Compare the exact unit, area basis, date and included charges in any price evidence.
RERA 70% project account is on file: Union Bank of India Pandeshwar IFSC Code : UBIN0901334 Pin Code : 575001. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.
Location & Connectivity
The nearest of the listed job hubs is about 301 km in a straight line from the mapped location. Road distance and travel time will differ.
| Landmark | Straight-line |
|---|---|
| MG Road / city centre | 300 km |
| Outer Ring Road / Manyata | 301 km |
| Electronic City | 306 km |
| Bellandur–Marathahalli belt | 308 km |
| Kempegowda Int'l Airport | 312 km |
| Whitefield IT hub | 315 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.