diff --git a/conanfile.py b/conanfile.py
index 926d2f6..4e7d1af 100644
--- a/conanfile.py
+++ b/conanfile.py
@@ -9,7 +9,7 @@
 
 class HomeBlocksConan(ConanFile):
     name = "homeblocks"
-    version = "4.0.1"
+    version = "4.0.2"
 
     homepage = "https://github.com/eBay/HomeBlocks"
     description = "Block Store built on HomeStore"
diff --git a/src/lib/home_blks_config.fbs b/src/lib/home_blks_config.fbs
index eee66e8..59e5d9a 100644
--- a/src/lib/home_blks_config.fbs
+++ b/src/lib/home_blks_config.fbs
@@ -21,6 +21,9 @@ table HomeBlksSettings{
 
     // homestore dataservice chunk size;
     hs_data_chunk_size_mb: uint32 = 2048;
+
+    // volume lazy alloc blks feature on/off
+    volume_lazy_alloc_blks_on: bool = false;
 }
 
 root_type HomeBlksSettings;
diff --git a/src/lib/volume/tests/test_volume_chunk_selector.cpp b/src/lib/volume/tests/test_volume_chunk_selector.cpp
index bebcf17..e126c0e 100644
--- a/src/lib/volume/tests/test_volume_chunk_selector.cpp
+++ b/src/lib/volume/tests/test_volume_chunk_selector.cpp
@@ -131,13 +131,12 @@ TEST_F(ChunkSelectorTest, AllocateReleaseChunksTest) {
     auto init_num_free_chunks = chunk_sel->num_free_chunks();
 
     // Allocate chunks for multiple volumes to simulate volume create.
-    auto vol1_chunks = chunk_sel->allocate_init_chunks(0 /* ordinal */, 180 * Ki, pdev_id);
+    auto vol1_chunks = chunk_sel->allocate_init_chunks(0 /* ordinal */, 160 * Ki, pdev_id);
     RELEASE_ASSERT(!vol1_chunks.empty(), "no chunks");
 
-    // Since we lazily allocate chunks, we can allocate more than sum
-    // of all volume sizes. Make sure same chunks not allocated to multiple volumes.
-    for (uint32_t i = 1; i < 5; i++) {
-        auto vol_chunks = chunk_sel->allocate_init_chunks(i /* ordinal */, 180 * Ki, pdev_id);
+    // Make sure same chunks not allocated to multiple volumes.
+    for (uint32_t i = 1; i < 4; i++) {
+        auto vol_chunks = chunk_sel->allocate_init_chunks(i /* ordinal */, 160 * Ki, pdev_id);
         RELEASE_ASSERT(!vol_chunks.empty(), "no chunks");
         bool noDuplicates = std::none_of(vol1_chunks.begin(), vol1_chunks.end(), [&](int elem) {
             return std::unordered_set< int >(vol_chunks.begin(), vol_chunks.end()).count(elem) > 0;
@@ -146,7 +145,7 @@ TEST_F(ChunkSelectorTest, AllocateReleaseChunksTest) {
     }
 
     // Release all chunks to simulate volume destroy.
-    for (uint32_t i = 0; i < 5; i++) {
+    for (uint32_t i = 0; i < 4; i++) {
         chunk_sel->release_chunks(i /* ordinal */);
     }
 
@@ -182,6 +181,8 @@ TEST_F(ChunkSelectorTest, SelectChunksTest) {
 }
 
 #ifdef _PRERELEASE
+// This test case will fail as the lazy allocation of the chunks is disabled
+#if 0
 TEST_F(ChunkSelectorTest, ResizeNumChunksTest) {
     auto latch = std::make_shared< std::latch >(1);
     auto chunk_sel = std::make_shared< VolumeChunkSelector >(
@@ -213,6 +214,7 @@ TEST_F(ChunkSelectorTest, ResizeNumChunksTest) {
     RELEASE_ASSERT_GT(resized_chunks.size(), initial_chunks.size(), "Resize op failed");
 }
 #endif
+#endif
 
 TEST_F(ChunkSelectorTest, RecoverChunksTest) {
     auto chunk_sel =
diff --git a/src/lib/volume/volume.cpp b/src/lib/volume/volume.cpp
index bfe6461..3fa798c 100644
--- a/src/lib/volume/volume.cpp
+++ b/src/lib/volume/volume.cpp
@@ -15,6 +15,7 @@
  *********************************************************************************/
 #include "volume.hpp"
 #include "lib/homeblks_impl.hpp"
+#include "lib/home_blks_config.hpp"
 #include <homestore/replication_service.hpp>
 #include <iomgr/iomgr_flip.hpp>
 
@@ -85,7 +86,7 @@ bool Volume::init(bool is_recovery) {
         // Allocate initial set of chunks for the volume with thin provisioning.
         uint32_t pdev_id;
         auto chunk_ids =
-            volume_chunk_selector_->allocate_init_chunks(vol_info_->ordinal, vol_info_->size_bytes, pdev_id);
+            volume_chunk_selector_->allocate_init_chunks(vol_info_->ordinal, vol_info_->size_bytes, pdev_id, HB_DYNAMIC_CONFIG(volume_lazy_alloc_blks_on));
         if (chunk_ids.empty()) {
             LOGE("Failed to allocate chunks for volume: {}, uuid: {}", vol_info_->name,
                  boost::uuids::to_string(vol_info_->id));
diff --git a/src/lib/volume/volume_chunk_selector.hpp b/src/lib/volume/volume_chunk_selector.hpp
index 282c49f..94fc07b 100644
--- a/src/lib/volume/volume_chunk_selector.hpp
+++ b/src/lib/volume/volume_chunk_selector.hpp
@@ -62,7 +62,7 @@ class VolumeChunkSelector : public homestore::ChunkSelector {
 
     // Allocate some initial set of chunks during volume or index create. The number is num_chunks_per_resize
     std::vector< chunk_num_t > allocate_init_chunks(uint64_t volume_ordinal, uint64_t volume_size, uint32_t& pdev_id,
-                                                    bool lazy_alloc = true);
+                                                    bool lazy_alloc = false);
 
     // Called during destroy of volume or index.
     void release_chunks(uint64_t volume_ordinal);