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Perambur High Road, near Kolathur, Perambur, Chennai 600011
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Visited Mercury two weeks back – actually went twice, once on a weekday and once Sunday to see how busy the site is. The construction is moving well on Tower 1 and Tower 2. Tower 1 is around 12th floor already and they started Tower 3 foundation. The sample flat interior quality looked decent – Somany tiles in bathrooms, Hindware fittings, which is standard Casagrand. But what bothered me was the density – 1678 units in 20 acres is about 84 units per acre which is very high. For comparison, Casagrand Opulent at Sholinganallur has lower density. Still, for North Chennai pricing, ₹8,500/sqft isn't bad. We booked a 2BHK on 22nd floor. The high-floor views of the city skyline will be amazing.
I work in Kilpauk and was seriously considering Mercury for the North Chennai location. But I got a better offer from Casagrand Medora in Korattur – only 155 units, much less density, possession Jan 2026 which is much sooner. The price per sqft is similar. If you're okay with a bigger community, Mercury makes sense for the 89,000 sqft clubhouse. If you prefer quieter low-density living, smaller projects are worth considering. North Chennai options are limited so Mercury fills an important gap.
The 34-floor thing sounds great on paper but think about elevator wait times with 1678 families. Even with 4 lifts per tower that's going to be brutal during peak hours. Also asked the sales guy about the forest trails and organic farming they advertise – he said it's part of Phase 2 development and they haven't even started planning that section yet. Classic Casagrand – amenities on brochure materialise only in last phases. The RERA registration for all three phases is a good sign at least.
Ran the numbers – ₹1.02 Cr for 1190 sqft = ₹8,571/sqft. For Perambur with metro connectivity and 34-floor tower that's competitive vs what you'll pay in Mogappair or Anna Nagar. But add GST at 5% (₹5.1L), registration (₹6-7L), maintenance deposit, car parking (₹5-6L) – all-in cost for 2BHK is ₹1.18-1.20 Cr easily. For that money you could consider Avadi stretch if budget is the concern. But if address matters, Perambur beats Avadi.