The project is expected to go on floors soon.
"The film was launched on Monday with a puja. Regular shooting is expected to start as soon as Suriya completes shooting for Anjaan," the film's spokesperson told IANS.
Suriya is currently busy filming for Tamil actioner Anjaan with Samantha Ruth Prabhu.
Both Anjaan and the untitled project with Vikram Prabhu are being produced by Studio Green.
Anjaan, which is being directed by N. Linguswamy, is gearing up for release around the Independence Day weekend.