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TNRERA TN/29/Building/043/2024

Casagrand Mercury Phase-2

Chennai · Casa Grand Premier Builder LTD
THOK VERDICT
Pakka
94THOK SCORE

No red flags in the records checked so far.

SCORE 94/100 · CONFIDENCE LOW
RERA possession
Nov 2029
Latest possession
Nov 2029
Units sold
Not disclosed
Status
Registered
Address
Project Name: “Casagrand Mercury Phase-2” - Construction of High Rise Group Development of Residential Building comprising 3 Blocks, Extended cum Combined Double Basement Floor (Parking) for Blocks-1 & 2 over and above in Block-1: Ground Floor + 1st Floor + 2nd Floor to 34th Floors with 452 Dwelling Units, Block-2: Ground Floor + 1st Floor + 2nd Floor to 42nd Floors with 128 Dwelling Units Totally 580 Dwelling Units with Swimming Pool at Ground Level and Block-3: Ground Floor (for Organic Waste Converter Room) at Plot No.2 (CMDA approved Sub-division No. PPD/LO.No.31/2023 vide Letter No. Layout-1/0163/2022, dated 30.01.2023) abutting Stephenson Road, T.S.No.156/3, Block No.8 of Perambur Village, Perambur Taluk, Chennai District. Commercial: High Rise Commercial Building with Extended Double Basement Floor (Parking) + Ground Floor + 10 Floors (Cafeteria, Indoor Games, Association Room, AV, Tamil Nadu
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Full Thok Report₹149
  • One document with every finding, how the score was worked out and each official source
  • How this builder's other projects went: possession delays and lapses (2 registered projects)
  • The exact questions to ask the builder before you pay a token
  • A PDF you can share with family or your lawyer
Less than 0.05% of a ₹50 lakh home.
If a fact in your report is wrong, tell us and we refund you.
Last checked 31 Oct 2026 · TNRERA page ↗ · Report an error · Builder? Reply to this record
…Price
NOT CHECKED YET
Registered sale prices near this project, from the state's property registration records.
State registration records · coming soon
…Court cases
NOT CHECKED YET
RERA complaints, civil and consumer cases against the builder.
eCourts · e-Jagriti · coming soon
…Land title
NOT CHECKED YET
Land records and property card matched to the promoter.
State land records · coming soon

What the builder said, and what we found

POSSESSIONMATCHES
Nov 2029RERA registration
Nov 2029Unchanged

Why this score

Open method: each factor's weight and what we found. Unchecked factors don't count for or against. How we score

Legal exposure 20%
—
Complaints and court cases not yet checked.
Title & approvals 10%
—
Land records and approvals not yet checked.
Delivery record 25%
100
On schedule for Nov 2029 so far.
Promoter financial health 20%
75
No IBBI insolvency announcement against the promoter. MCA filings not yet checked.
Disclosure accuracy 10%
—
Unit inventory not yet checked for this state.
Construction reality 15%
—
The builder's progress report to TNRERA for the quarter ending Jun 2026 gives no clear progress figure.

Recent photos

No reviewed photos yet. Been to the site recently? Add one: it helps every buyer here.

Before you pay a token

Pre-booking checklist: what our records confirm, and what to ask the builder in writing.

  1. ?
    Project is registered with TNRERA and not lapsed ASK BUILDER
    Registered · Feb 2024. TNRERA doesn't publish lapses: ask for the current registration or extension certificate.
  2. ✓
    Possession date has not been pushed back VERIFIED
    Get the RERA possession date written into your agreement.
  3. ✓
    Builder is not in insolvency VERIFIED
    No reviewed IBBI insolvency match. Company filings (MCA) are not yet checked.
  4. ?
    Unit inventory is disclosed ASK BUILDER
    Ask for the sold/unsold inventory as filed with TNRERA.
  5. ?
    Clear land title ASK BUILDER
    Ask for the title search report by an advocate and the latest land record (7/12 in Maharashtra, Jamabandi in Haryana, Khatauni in UP, Patta/Chitta in Tamil Nadu) showing the promoter as owner.
  6. ?
    Commencement certificate (CC) and approved plans ASK BUILDER
    Ask for the CC covering your floor and the sanctioned building plan.
  7. ?
    Project bank account (70% escrow) ASK BUILDER
    Pay only into the RERA designated account named in the registration. Ask for the account details in writing.
  8. ?
    Carpet area as per RERA ASK BUILDER
    The agreement must state carpet area (not super built-up) and match the RERA filing.
  9. ?
    Payment linked to construction stages ASK BUILDER
    No more than 10% before a registered agreement for sale; later instalments tied to construction milestones.
  10. ?
    Lender approval ASK BUILDER
    Ask which banks/HFCs have approved this project for home loans (APF). No approvals is a signal.