Casagrand Mercury

Casagrand Mercury sits in Perambur, one of the older residential areas of north Chennai. Kilpauk is roughly 10 minutes away according to the developer, which gives you a sense of how close it is to the central parts of the city. No street address, pincode or other distance has been published, so we quote nothing more.

Ask for a map pin before you visit, then drive from the site to your workplace at your usual hour and back in the evening traffic. Perambur is a busy, long-settled area, and the lane outside a 20-acre site will carry a lot of traffic once hundreds of families move in. Ask how the gates and approach roads are planned for that.

Construction will continue for some time across five towers. If your tower is handed over early, you may live beside active building work for months. Check how the construction traffic will be kept away from the finished towers, and note how far you would walk to the nearest bus stop, railway station, school and market.

Casagrand Mercury lists five configurations, quoted as built-up area:

• 2 BHK, about 1,190 to 1,330 sq ft, Rs. 1.19 to 1.31 Crore
• 3 BHK, about 1,679 to 1,949 sq ft, Rs. 1.58 to 1.79 Crore
• Larger 3 BHK, about 2,131 to 2,139 sq ft, Rs. 2.12 to 2.13 Crore
• 4 BHK, about 2,551 to 2,578 sq ft, Rs. 2.50 to 2.53 Crore
• 5 BHK floor villa, about 3,937 to 3,952 sq ft, Rs. 3.99 to 4.01 Crore

The quoted base rates are Rs. 7,999 per sq ft for the 2 BHK, Rs. 7,749 on the smaller three-bedroom plan, Rs. 8,449 on both the larger three-bedroom plan and the 4 BHK, and Rs. 8,849 on the floor villa. Divide the prices by the sizes, though, and you get about Rs. 9,200 to Rs. 10,100 per sq ft. Ask for a split of that difference.

GST applies on this under-construction purchase, and stamp duty and registration are payable too. Ask for a cost sheet that shows the base rate, floor-rise, parking, clubhouse and maintenance deposits, GST, and stamp duty with registration as separate lines.

Casagrand Mercury is covered by three registrations with the Tamil Nadu regulator: TN/29/Building/055/2024, TN/29/Building/043/2024 and TN/29/Building/0069/2024. Find out which one covers your tower and search it on the TNRERA portal (rera.tn.gov.in). The completion date in that entry is the one to hold the developer to.

Before you pay a booking amount, ask for:

• The RERA certificate for your tower's registration
• The sanctioned plan for that tower
• The approved layout of the whole 20-acre site
• Title documents and an encumbrance certificate for the land
• The draft agreement for sale with your tower's handover date

Payments are linked to construction stages, so release each instalment against progress you can see or read in the quarterly RERA updates. At handover, your tower should hold its completion or occupancy certificate. You then register the sale deed and move the patta and property tax records into your name.

Casagrand Mercury shares 20 acres among five high-rise towers, with 1,678 homes and more than 130 amenities by the developer's count. Floor counts per tower and the share of open space have not been published, so ask for the tower-wise site plan. Everything you are shown is a render as planned by the developer until it is built.

Mornings could start at the outdoor gym, the yoga deck or the crossfit nook, then a swim in one of three pools; the largest covers 3,700 sq ft, and children get a pool of their own. Sport is well covered, with a cricket pitch, tennis, squash, basketball and futsal courts, plus a bowling alley. Billiards and foosball fill wet afternoons.

Day-to-day needs are met inside the gates: a pharmacy and a clinic, a convenience store and an ATM, plus a co-working space and a learning centre for children. Six guest rooms help when family visits. Green spaces include a Miyawaki forest, a zen garden, a bird park, a garden for butterflies and plots for community organic farming. EV charging, a car wash bay, a steam room and salons complete the list.