2 BHK Apartment - 1190 sq. ft. (Saleable)
- 2 Bathrooms
- 1 Balcony
₹95.19 Lac - 3.15 Cr
₹7,999 Per Sq. Ft.
Casagrand Mercury is a large-scale residential development in Perambur, Chennai, positioned within the upper mid-segment category. Developed by Casagrand, the project spans approximately 20 acres and includes 1,600+ units across multiple high-rise towers.
The development offers 2, 3, and 4 BHK apartments with sizes ranging from 1190 sq ft to 3937 sq ft. Pricing starts from approximately ₹80 lakh and extends beyond ₹3 crore, placing it across multiple buyer brackets within the same project.
What distinguishes Casagrand Mercury is its scale within a core city location Unlike peripheral Chennai projects that depend on future infrastructure, Perambur already operates as a dense, established residential zone with existing rail connectivity, road networks, and social infrastructure. This shifts the project from a speculative investment to a location-backed residential play.
Located in Perambur with strong rail and road connectivity
Large 20-acre development in a supply-constrained urban zone
Wide configuration mix from mid-size to luxury apartments
Extensive sports and lifestyle infrastructure within the project
Strong absorption potential due to limited new supply in North Chennai
Backed by Casagrand with high-volume execution capability
A quick reference to the project’s fundamental specifications for clear assessment.
Detail | Information |
Project Name | Casagrand Mercury |
Location | Perambur, Chennai |
Developer | Casagrand |
Project Type | Residential |
Status | New Launch |
Configuration | 2, 3, 4 BHK |
Size Range | 1190 – 3937 sq ft |
Price Range | ₹80.91 Lac – ₹3.01 Cr |
Total Area | 20 Acres |
Total Units | 1,678 |
RERA | TN/29/BUILDING/055/2024 (Phase-wise) |
The project is structured as a self-sufficient residential cluster, with heavy emphasis on internal recreation and community infrastructure.
Swimming pool with kids pool, cabanas, and deck
Fully equipped gymnasium and indoor fitness areas
Multi-purpose clubhouse with banquet and AV theatre
Amphitheatre and performance deck
Cricket pitch, futsal court, basketball and volleyball courts
Beach volleyball and skating rink
Café and social interaction zones
Organic farming space within premises
Senior citizen fitness zones and informal library
Day care center and children’s play areas
24x7 security with CCTV and intercom
Power backup and treated water systems
Perambur is one of the few Chennai micro-markets where infrastructure precedes new development, not the other way around.
The project connects directly to Stephenson Road and Perambur Barracks Road, with access to Erukkancheri High Road and Grand Southern Trunk Road. This ensures connectivity to Central Chennai, industrial corridors, and employment hubs.
Perambur Railway Station, located within a short distance, acts as a major transit node. This is a critical factor because rail-based connectivity continues to drive residential demand in North Chennai more than metro-led corridors.
Social infrastructure is already functional rather than upcoming. Schools, hospitals, retail zones, and daily-use markets exist within close proximity. This reduces dependency on future infrastructure announcements, which is often a risk factor in underdeveloped zones.
However, the trade-off is urban density and congestion Compared to emerging suburbs, Perambur offers less open space outside the project and relatively higher pollution levels.
Casagrand Mercury operates in a different investment framework compared to emerging corridor projects.
The average project pricing has moved from approximately ₹8,450 per sq ft in 2025 to ₹10,800 per sq ft in early 2026, reflecting a ~20% growth within a short cycle. This indicates strong early demand and pricing power within the project.
At the same time, the project is priced at a premium compared to the Perambur average of ₹8,300 per sq ft. This premium is driven by scale, amenities, and brand positioning rather than location arbitrage.
Rental demand in Perambur is stable due to its central connectivity, with monthly rents typically ranging between ₹15,000 to ₹35,000 depending on configuration. This creates a more balanced investment profile where both end-use and rental demand coexist.
Casagrand Mercury's average asking price is cooling quarter-on-quarter, compared with Perambur.
The payment structure for Superior and Pinnacle Apts. is a construction linked payment plan. This schedule spreads the financial commitments across key development milestones, beginning with an initial booking advance of 10 percent.
A major installment of 35 percent is scheduled at the agreement signing stage, with the subsequent payments aligned with physical progress from the foundation up to the final handover.
| Stage | Payment |
|---|---|
| Booking Advance | 10% |
| Agreement Signing | 35% |
| Commencement of Foundation | 10% |
| Commencement of Basement 1 | 5% |
| Commencement of Basement 2 | 5% |
| Commencement of Ground Floor | 5% |
| Commencement of 5th Floor Roof | 5% |
| Commencement of 10th Floor Roof | 5% |
| Commencement of 15th Floor Roof | 5% |
| Commencement of 20th Floor Roof | 2.5% |
| Commencement of 25th Floor Roof | 2.5% |
| Commencement of 30th Floor Roof | 2.5% |
| Commencement of 32nd Floor Roof | 2.5% |
| Completion on flooring respective unit | 2.5% |
| Handing over | 2.5% |
Indicative payment schedule. Confirm the final cost sheet with the developer.
Casagrand Mercury avg. price is ₹ 11.8 K/Sq.Ft. compared to Perambur at ₹ 9.8 k/Sq.Ft.
Get the latest price and market updates for Casagrand Mercury.
The Greater Chennai Corporation (GCC) plans to invest ₹500 crore this financial year to improve civic infrastructure in North Chennai and major resettlement colonies in the southern part of the city. The upgrade will focus on roads, pedestrian plazas, and smart parking facilities in areas like Ennore, Manali, Tiruvottiyur, Perambur, Vyasarpadi, Kannagi Nagar, and Ezhil Nagar.
The Greater Chennai Corporation has commenced work to upgrade 94 road junctions across the city. This initiative aims to alleviate traffic congestion and improve urban mobility for commuters. The upgrades are expected to result in smoother traffic flow and reduced travel times.
Work has commenced on a new rail over bridge (ROB) at Cochrane Basin Road in Korukkupet, Finance Minister N Marie Wilson announced on June 25. The 450-meter long and 11-meter wide structure will facilitate uninterrupted movement of approximately 25,000 vehicles daily, improving access to key areas like Basin Bridge, Central, Vysarpadi, Egmore, Todiyarpet and Perambur.
During Q2'2026, average property prices for Casagrand Mercury moved from ₹ 11,900/sqft to ₹ 11,950/sqft, reflecting a 0.42% rise.
Chennai is highlighted as a crucial global data gateway, benefiting from multiple submarine cable landings that facilitate high-capacity, low-latency connectivity. This infrastructure is vital for the growing data center market in India, which is projected to reach 1.7–2.0 GW by the end of 2026 with substantial investments.
The Greater Chennai Corporation (GCC) plans to upgrade Manali Lake with new facilities, including boating, parks, and walking tracks, inspired by the popularity of Madhavaram Lake's recreational offerings. This initiative aims to transform Manali Lake into an eco-recreational hub, boosting tourism and improving the quality of life for residents in North Chennai.
During Q1'2026, average property prices for Casagrand Mercury moved from ₹ 9,000/sqft to ₹ 11,900/sqft, reflecting a 32.22% rise.
Explore the master plan, project photos and walkthrough videos of Casagrand Mercury to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Living here means enjoying a peaceful, self-contained lifestyle where your daily needs and leisure activities are met within a secure environment. Families benefit from the safe, vehicle-free central zones where children can play freely while professionals can easily manage their work and fitness routines close to home. This project stands out because it combines an exceptionally high proportion of open play and social space with excellent transit links, offering ease of travel and breathing room that is rare in this part of the city.
Download brochure, master plan & walkthrough video of Casagrand Mercury to explore floor plans, layout, and complete project details in Perambur, Chennai.

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Real estate company Casagrand Builder Private Limited is dedicated to raising aspirations and providing value. The company has developed over 36 million square feet of prime residential real estate in the previous 18 years in cities like Coimbatore, Bengaluru, and Chennai. Over 27,000 content families spread across 140+ historic properties are a testament to our dedication. With projects worth more than 8000 crores in the works, Casagrand is ready to advance further and develop more and more state-of-the-art residential properties. Founded in 2004, the company was founded by Arun Mn and K.R. Anerudan. The Founder and the Managing Director of Casagrand, Arun Mn, is a first-generation businessperson. He holds degrees in BE and MBA and began his professional career with Wipro before beginning his entrepreneurial journey. Seeing a chance to introduce professional procedures into the real estate industry, he founded Casagrand with a group of 5 like-minded professionals. The company now has a 2000 Cr turnover and 2000 employees, up from 50 Cr in the past. Casagrand Builder Private Limited was co-founded by K.R. Anerudhan, an alumnus of the University of Madras. As one of Chennai's top real estate developers, Casagrand has made a conscious decision to build its properties in rapidly developing areas with good transportation options, thriving commercial and social infrastructure, and access to modern conveniences. In Chennai, Casagrand homes can be found in a number of prestigious neighbourhoods, including OMR, ECR, Mogappair, Anna Nagar, Madhavaram, Korattur, Sholinganallur, Poonamallee, Manapakkam, Medavakkam, Pallavaram, Oragadam, Thalambur, and many more. In addition to Chennai, Casagrand also provides opulent homes in Bangalore's K R Puram and Sarjapur, Coimbatore's Kalapatti, and Coimbatore's Singanallur. The company has completed over 24 housing properties and built more than 1.2 million square feet of living space while he has been the company's leader.
Yes, each unit type has multiple area sizes catered to varying needs.
No specific information about outdoor features has been provided.
Yes, units come with features like False Ceiling, Italian/Imported Marble flooring, and Premium Bath Fittings.
Casagrand has developed 157 projects with a strong reputation in the industry.
Casagrand Mercury is located in Perambur, Chennai, with connectivity to key roads and railway infrastructure.
The project offers 2, 3, and 4 BHK apartments across multiple size ranges.
Prices range from approximately ₹80.91 lakh to ₹3.01 crore.
Yes, the project is registered under multiple phase-wise RERA numbers.
It is suitable for buyers looking for stable demand, existing infrastructure support, and moderate appreciation rather than high-risk speculative growth.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.