Yadagiri is named after a sage named Yadava who performed heavy austerities to Lord Vishnu as Narasimha. Being please with him the lord gave him darshan in three forms: jwaalaa ngarasimha, gandabherunda naarasimha and yogaananda naarasimha. Sage yaadava begged naarasimha to remain on the hill in these forms. Thus, you have the lakshmee-naarasimhadeva temple on the hilltop with deities of naarasimha in all three forms embedded in stone in the main cave and subsequently the new temple is being built at the old temple site. The temple was renamed as Yadadri by Vaishnavaite ascetic Chinna Jeeyar Swamy.
Yadagirigutta is a fast growing town having spread over 12.74 sq. kms. It is situated at a distance of 12 Kms from Yadadri Bhongir District Head Quarters and distance of 60 kms from the state capital Hyderabad. The population of the town is 13267 as per 2001 census and 15637 as per 2011 Census. The town is located at 170–35’, North longitude and 780-56’ East longitude and 609.9 mtr. above the main sea level.
Yadagirigutta Municipality is predominately covered by residential areas followed by commercial, public semi-public offices and Cinema Hall, T.S.R.T.C Bus Depot, Market Yards.