"We have shot 40 percent of the film in Mumbai with the other star cast. The film should be done by November end and is scheduled for a next year release," Lakhia told IANS.
"Priyanka will join the crew by September," he added.
The actress will step into Jaya Bachchan's role in the film and there were reports that Amitabh Bachchan, who played the lead role in the original that won him the title of "Angry Young Man", will do a cameo in it.
When asked whether he has already shot with Big B, Lakhia said: "No comments".
"Zanjeer" remake is being produced by Amit Mehra, son of late filmmaker Prakash Mehra who had directed and produced "Zanjeer", which was released in 1973 and the film's stupendous success turned Amitabh into a superstar and after that he never looked back.