AK will also be producing the film.
Movie's co-producer, Prernaa Arora, told Mumbai Mirror that "We go on the floors by the year-end".
Rakesh Mehra also claimed that he is extremely happy that both of them agreed to do the film and that it is finally happening. At the recently concluded Cannes Film Festival, the 43-year-old actress had revealed that she has green-lit another film as well.
Aishwarya has worked last in" Sarabjit' and "Ae Dil Hai Mushkil'.
A source said, "Aishwarya is part of Rakyesh Omprakash Mehra's film". "I took a break for the past five months because of personal reasons".
We remember past year around this time, Anil Kapoor shared a look of "Fanney Khan" and nowit is CONFIRMED that Aishwarya Rai Bachchan is going to be the lady, with Anil Kapoor! I started last week and I have liked two subjects already.
As per KK, Ash has signed the dotted lines to play the lead in Anil Kapoor's next, titled Fanney Khan, a musical comedy which is a remake of Dominique Deruddere's Everybody's Famous. After his silver-haired turn in Dil Dhadakne Do, Anil will be seen in a blingy look as the titular character in the film.