Randamoozham which is based on the epic Mahabharatham, starring veteran actor Mohanlal, will set the most expensive movie with cost Rs 1,000-crore (£120m). The movie will be funded by UAE-based billionaire BR Shetty.
The proposed movie will dwarf the budget of the current record-holder, the two-part epic Baahubali, which cost a combined Rs430 crore (£51m) to make.
Randamoozham is an adapted version from the novel of the same title written by acclaimed Malayalam author and screenwriter MT Vasudevan Nair. The novel reinterprets the Mahabharata from the perspective of the second Pandava prince Bhima.
Randamoozham will be directed by former ad-man VA Shrikumar Menon and the script will be written by Vasudevan Nair and acclaimed actor Mohanlal will star as Bheema,. The film will be shot in the languages like English, Hindi, Malayalam, Kannada, Tamil and Telugu.
Filming for Randamoozham is expected to begin in September next year. The first part of the series is set to reach cinemas in early 2020, with the second part appearing soon after.