$145 Million Film Deal In India?

Mid-Day is reporting that a Mumbai based production house, Percept Picture Company, is all set to announce Tree of Life, a $145 Million dollar project:

The film is a drama and will star Hollywood bigwigs Mel Gibson and Colin Farrell, and will be directed by Oscar-winner Terence Malik (Thin Red Line, Days of Heaven, Badlands).

Additionally,

Fifteen per cent of Tree of Life will be shot in India, while the rest will be shot on locations abroad. A source from Percept, who does not wish to be named, says, This film will take India places in the Hollywood circles.

Not confirming the news, Shailendra Singh, managing director, Percept Picture Company says, I cannot comment on this right now. When I have something to say, we will announce it officially.

If true, it's safe to say it'll be unlike any other Indian production. Frankly, I find it a little hard to believe myself. Firstly, the most expensive Indian films have had budgets in the tens of millions. This is an order of magnitude higher. Also, the most recent films produced by Percept (Makdee, Phir Milenge) have been relatively low cost affairs, even by Indian standards. Secondly, the star power - again next level stuff. Thirdly, the director, Terrence Malick, is one of the most reclusive and slow working auteurs out there. All I can say is, grab your popcorn as sparks are sure to fly!

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- June 17, 2005 12:06 AM // Bollywood , Film , India