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Detailed Report

Olympia VBC Crown

TNRERA/29/BLG/0261/2026 · TNRERA · https://gethorizon.in/projects/olympia-vbc-crown-korbixfq

01

Complete project overview

TNRERA · Registration filing
Description
Registration for High Rise Group Development of Commercial Building consists of Block-1 : Basement Floor (for parking use) + Ground Floor (for Retail Shop) + 1st Floor (for Retail Shop) + 2nd Floor to 9th Floor (for Office use) with MLCP (10 level within the block 1), Block- 2 : Ground Floor (Meter room & Electrical Transformer room) + 1st Floor (Generator room) abutting G.N.Chetty Road, Thirumalai lane,T.Nagar, Chennai comprised in Old S.No. 4797 part, T.S.No. 8380/4, Block No.109 of T.Nagar Village, Guindy Taluk, Chennai District.
Registration no.
TNRERA/29/BLG/0261/2026

Timeline

RERA registeredJul 2026
Proposed completionAug 2026
TodaySep 2026
02

Builder’s track record

TNRERA · Builder registration

Mr V S Rajesh & Mr V S Balaji - GPOA to Alwarpet Properties Pvt Ltd

Mr V S Rajesh & Mr V S Balaji - GPOA to Alwarpet Properties Pvt LtdPromoter
1Projects
1Cities
2026–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location

TNRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 80 new projects last year
  • 217 nearby projects
1 km radius · coordinates as filed · 13.0454, 80.2404 · © OpenStreetMap contributors
What’s nearby
Schools3 schools within 1km · 6 educational institutions within 1km · College or university 1.6km away
HealthcareHospital 169m away · 5 clinics within 1km · Pharmacy within 500m
LifestylePark 916m away · Gym or sports centre 1.8km away · 32+ restaurants and cafes within 1km
ShoppingSupermarket 29m away · Mall 694m away · Bank 331m away
Getting around
Primary road 781 m · Dr MGR SalaiRailway line 1.1 kmMetro station 854m away (AG-DMS)3 bus stops within 500m
Water & environment
Canal 724 m · Mambalam CanalWater body 820 m
distances only — not a flood assessment
04

Government Guidance Rate

Tamil Nadu registration department

In Tamil Nadu it’s called the guideline value.

No government guidance rate is shown for this project.

Tamil Nadu publishes street-level guideline values; its full schedule isn't in Horizon's record yet.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

TNRERA · Approved building plan

CMDA (Chennai Metropolitan Development Authority)

CMDA (Chennai Metropolitan Development Authority)
approved 31 Jul 2026 · 2 mo ago
Planning Permission no. OL-PP/HRB/0014/2024

The promised possession date (31 Aug 2026) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

Verify it yourself — look up plan OL-PP/HRB/0014/2024 on the approving authority’s portal to confirm the approval.

The approving body, at scale

CMDA (Chennai Metropolitan Development Authority)

Metropolitan development authority

Has approved 1,914 RERA projectsabout 1 in 2 in Tamil Nadu, more than any other body in the state.

Builders
1,310
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by TNRERA

07

Other projects nearby

The register · within 25 km

457 residential and mixed-use projects still under way within 25 km. Step out ring by ring:

Of the 217 projects the radar draws within 6 km — every kind, every stage — 169 are residential and mixed-use projects still under way. This list keeps only those, and looks further out.

14 projects within 1 km — showing the nearest 6.

210 m away

Etica Anantham

Etica Developers Private Limited

May 2025registered
Dec 2030target completion
AuthorityTNRERA
270 m away

Bhaggyam Vriddhi

Bhaggyam Homes LLP

Jul 2024registered
Dec 2027target completion
AuthorityTNRERA
290 m away

"SRI KRISHNA CHARANAM"

ASHWIN APARTMENTS (OPC) PRIVATE LIMITED

Jul 2026registered
Jun 2029target completion
AuthorityTNRERA
320 m away

Bhaggyam Prakriti

Bhaggyam Construction Pvt. Ltd.

May 2024registered
Dec 2026target completion
AuthorityTNRERA
330 m away

SKYLINE HARMONY

Mohammed Qadeer Ahmed Properitor of SKYLINE CONSTRUCTION

Oct 2025registered
Nov 2026target completion
AuthorityTNRERA
480 m away

AMARA AVIRA

A.R.Foundations Private Limited

Jun 2025registered
Dec 2028target completion
AuthorityTNRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Construction progress — TNRERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — TNRERA does not publish a complaints register. This read cannot speak to them either way.
  • Escrow — TNRERA does not publish escrow declarations. Whether buyer money is ring-fenced cannot be read here.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with TNRERA, as the builder submitted it.
  2. 02Builder's track record
    • TNRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the TNRERA filing.
    • Coordinates: as filed with TNRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • No government guidance rate could be matched to this project from Tamil Nadu's published schedules.
  5. 05Planning authority
    • TNRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • TNRERA's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/olympia-vbc-crown-korbixfq.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.