Naga Chaitanya, Chandoo Mondeti film to cost Rs 150 cr

After not-so-impressive outings like 'Custody', young actor Naga Chaitanya is teaming with director Chandoo Mondeti for a big ticket entertainer to be made at Rs 150 crores. It is reportedly inspired by real-life incidents that happened in Gujarat, some time ago. "It will be an extravagant pan-Indian film revolving around a fisherman and his love story set against the backdrop of Gujarat. It will be shot in actual locations like the high seas of Gujarat and sets will be erected to give the movie an authentic backdrop about fisherfolks' life and living conditions," says the source.  

With Akkineni scion gaining partial national mileage with his Hindi film 'Laal Singh Chadda', while Chandoo wooed Hindi film viewers with his socio-fantasy 'Karthikeya 2' and delivered a blockbuster in Hindi-speaking states. Prompting leading production house Geeta Arts to loosen their purse strings to pump in more than Rs 150 crores for this magnum opus. “It will be one of the costliest films from Geeta Arts after Rajamouli’s “Maghadhera’ since they are confident about the script which has pan-Indna appeal,” he adds.