Of all the southern Chennai micro-markets where TVS Emerald operates, Vengaivasal is the one where the developer has planted the deepest roots. The 15.6-acre land parcel that houses both TVS Emerald Aaranya (villas) and TVS Emerald Udyana (apartments) represents one of the largest single-site commitments TVS Emerald has made anywhere in Chennai — a deliberate choice to build a self-contained residential ecosystem rather than a single tower and move on.
The developer behind these projects is Emerald Haven Realty Limited, the real estate arm of the TVS Group. Founded in 1911 by Shri T. V. Sundaram Iyengar in Madurai, the TVS Group today spans over 50 companies with a combined turnover of over USD 8.5 billion. TVS Emerald entered real estate in 2012, and its very first project — in Perungalathur, Chennai — was delivered ahead of schedule, establishing a delivery record the developer has carried into every subsequent launch. In FY 2023 alone, TVS Emerald sold more than a thousand units across its portfolio and recorded over ₹925 crore in revenue. A ₹1,000 crore platform agreement with HDFC Capital, directed at plotted developments, further signals the scale at which the group is now operating in residential real estate.
The 15.6-acre site off Vengaivasal Main Road — just 150 metres from the main road and 2.1 km from the Velachery–Tambaram arterial — is home to two distinct TVS Emerald product lines. TVS Emerald Aaranya, the villa community, delivered its first phase of 96 resort-style villas in 2, 3 and 3.5 BHK configurations across G+1 levels, with sizes ranging from 1,969 to 2,316 sq ft. The Aaranya Phase I launch was notable for market demand: TVS Emerald Udyana at Aaranya recorded 70% sold status on its own launch day.
Running alongside, and sharing the campus's green philosophy, is TVS Emerald Udyana — an apartment community of 220 units spread across four buildings on 5 acres, offering 2 BHK and 3 BHK configurations. The project allocates 62% of its land to open spaces and anchors its clubhouse experience around a 25,000 sq ft Balinese-themed facility — one of the larger clubhouse footprints in this price band in south Chennai. Amenities include a swimming pool, gymnasium, tennis court, indoor games, children's play areas, landscaped gardens, and a party area.
TVS Emerald Udyana Phase III, the current active phase tracked on this microsite as TVS Udyana, carries RERA registration TN/35/Building/0227/2025 and is priced from ₹96.9 lakhs to ₹1.29 crore, with a March 2028 possession schedule. Unit sizes run from 975 sq ft (2 BHK) to 1,665 sq ft (3 BHK), all built to a stilt-plus-five-floor height plan, keeping density low across the combined campus.
The Nanmangalam Reserve Forest — an 800-acre protected green lung — sits 2.2 km from the project boundary. For a developer whose wider Chennai portfolio already includes an IGBC Gold pre-certified project (TVS Emerald Verde Vista at Padur on OMR) and certified construction quality standards, the forest proximity at Vengaivasal feeds directly into how TVS Emerald markets this address: measurably clean air, lower ambient temperatures, and visual green cover that no apartment community can manufacture on its own land.
TVS Emerald is also notable for being the first developer in Chennai to have homes certified under the Construction Quality Assessment System (CONQUAS) of Singapore's Building and Construction Authority — a standard it applies across projects including its Vengaivasal developments.
Vengaivasal's residential demand is not speculative — it is directly supported by the density of employment within commutable distance. Futura Tech Park sits 6 km away. ASV Suntech Park and Chennai One IT SEZ are each approximately 9 km out. The Madras Export Processing Zone is 13 km, and the Guindy Industrial Estate, Taramani IT cluster, and the Grand Southern Trunk Road corridor are all accessible without traversing central Chennai. Chennai International Airport is 13 km away; Tambaram Sanatorium Railway Station is 10 km.
For professionals working anywhere along the OMR IT corridor, the Pallavaram–Thoraipakkam Radial Road (PTR), or the GST Road industrial belt, Vengaivasal offers meaningful distance compression without the apartment-complex density that has made Sholinganallur and Perumbakkam more congested. TVS Emerald Udyana's location off Mambakkam–Medavakkam Main Road — which links directly to both OMR and the East Coast Road — is central to this positioning.
Chennai Metro Phase 2 is adding 118.9 km across three new corridors. Corridor 5, running Madhavaram to Sholinganallur at 47 km, is the most directly relevant for Vengaivasal buyers: three upcoming stations on this line fall within 5 km of the TVS Emerald campus. When operational, these stations will connect Vengaivasal residents to Sholinganallur (a primary OMR employment node) and, across a transfer, to the rest of the metro network — eliminating the current reliance on bus and road for IT corridor commutes. The Tambaram suburban railway station, 20 minutes away, and its planned metro extension add a second rail corridor to the area's transport equation.
Vengaivasal's social layer has matured alongside its real estate activity. Within the locality and immediate surrounds, residents have access to Sri Balaji Hospital, Annai Teresa Hospital, and Mugavari Eye Hospital and Research Institute for healthcare. Schools in the vicinity include Infant Jesus High School, Alpha School, Dr. Kalam Global School, and Advent Christian School, with St. Joseph's College of Engineering approximately 12.7 km away. The Mambakkam–Medavakkam Main Road corridor also places multiple banks — ICICI, Axis, Canara, SBI, and City Union Bank among them — within minutes of the project gate.
Residential apartment prices in Vengaivasal currently range from approximately ₹4,000 to ₹12,463 per sq ft across the broader market. TVS Emerald Udyana Phase III's pricing, at approximately ₹7,200 per sq ft, positions it firmly in the mid-to-upper band for this micro-market — reflecting the developer's campus scale, green open space ratio, and the Balinese clubhouse proposition — while remaining substantially below comparable TVS Emerald product on OMR itself. For context, TVS Emerald Elements in nearby Kovilambakkam, along the 200ft Radial Road, was described at launch in July 2023 as the biggest real estate launch in Chennai in a decade, illustrating the appetite this developer generates when it commits to a location at scale.
Across its Chennai portfolio — from Green Enclave in the west to Verde Vista at Padur on OMR, from Elements at Kovilambakkam to the Aaranya-Udyana campus at Vengaivasal — TVS Emerald has consistently targeted mid-southern Chennai's emerging residential belt, and Vengaivasal has become its densest single-site expression of that strategy.
